Zinc and nicel price forecast

January’s issue of International Mining features a World Zinc Report and a World Prospects nickel special. Following several decades of underperformance, zinc is poised to outperform. Like zinc, nickel prices are high and the market is very robust. Nickel prices increased very strongly in the latter months of 2006 and are continuing to rise. Nickel […]

Joining forces in China: Gold Fields and Sino Gold

Sino Gold and Gold Fields have formed a strategic alliance, combining Sino Gold’s proven and recognised operational, development and business capabilities in China with the global technical, financial and human resources expertise of Gold Fields, the world’s fourth largest gold company. As part of this, Gold Fields’ equity in Sino Gold will rise to 17.4%, […]

Mining majors show support for HIV vaccine

Seven global mining companies have joined the consortium led by BHP Billiton to fund the first emerging-country trials of Virax’s VIR201 HIV/AIDS therapeutic vaccine, to take place in South Africa. Virax’s Chairman, Dr Tom Quirk, released the current list of corporate participants in the South African trial at Virax’s annual general meeting on November 27, […]

Development of Garinskoye to begin in 2007

Aricom, the Anglo-Russian developer of mineral resources in Far East Russia’s Amur region, has announced that the Amur Oblast Territorial Department on the Use of Subsoil has notified OOO Amur Mining, a company connected to the group, that its submission to the tender for the combined exploration and extraction license over the Garinskoye iron ore […]

Safety rules on emergency mine evacuation clarified in the USA

On December 8, 2006, America’s Mine Safety and Health Administration (MSHA) published a final rule on Emergency Mine Evacuation which replaces the Emergency Temporary Standards (ETS) published on March 9, 2006. JacksonKelly LLC explains that the “Final Rule was effective upon its publication and makes permanent the underground coal mine requirements of the ETS with […]

Lonmin to embrace AfriOre

The South African Competition Commission (SACC) has approved the proposed transaction between Lonmin and AfriOre. An application for merger approval was made to the SACC by Lonmin and AfriOre on November 24, 2006 in accordance with Chapter 3 of the South African Competition Act. A Merger Clearance Certificate from the SACC has now been issued […]

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