Tenke Mining has completed the feasibility study for the first phase of production at the Tenke Fungurume copper/cobalt project in Katanga Province, DRC. The results of the feasibility study and environmental and social impact assessment (ESIA) have defined initial mine production of 115,000 t/y of copper cathode and 8,000 t/y of cobalt. Site infrastructure and […]

With over 2,200 copies sold since its April 2005 introduction, the internationally acclaimed sixth edition of Belt Conveyors for Bulk Materials, is now available in both CD and print format. The updated second printing incorporates many new application photos and application specific clarifications related to belt tension and power engineering, as well as editorial changes […]

Goldcorp has signed a letter of intent to sell its Peak gold mine in Australia and its Amapari gold mine in Brazil to GPJ Ventures, which will change its name to Peak Gold in connection with the transaction. Under the terms of the agreement, Goldcorp will receive from Peak Gold $200 million in cash and […]

Risk analysis insight, safety training oversight and crisis avoidance and communications services are the cornerstones of newly formed Global Mining RiSC LLC (GMR). Christensen, a global capital-markets advisory firm, and Engineering Consulting Services Inc. (ECSI), a multi-disciplinary engineering, mining, and environmental-services consultancy (both with over 25 years in business), have just created the GMR joint […]

2006 saw record levels of demand for gold of $65 billion and the highest ever industrial demand of 458 t. Jewellery sales reached an all time record of $44 billion. The year also saw an increase in investment demand of 7% over 2005 in tonnage terms and 45% in dollar terms. This was despite a […]

Tiomin Resources has halted the development of the Kwale mineral sands project in Kenya, with the company remaining in Force Majeure with the Government of Kenya. Delays and rising costs have clearly indicated that the present economics and significant issues related to the project prevent Tiomin from borrowing under the $155 million debt facility.
Under the […]