Zinfex has received formal approval from the European Commission for the proposed merger of Zinifex and Umicore’s respective smelting and alloying assets. On December 12, 2006 Zinifex and Umicore announced that they had signed a memorandum of understanding (MOU) to create the world’s pre-eminent zinc smelting and alloying company with 1.2 Mt of production and […]

Freeport-McMoRan Copper & Gold (FCX) and Phelps Dodge Corporation have announced that the shareholders of both companies approved FCX’s acquisition of Phelps Dodge at special meetings yesterday. At each meeting, approximately 98% of the votes cast supported the transaction. The transaction is expected to close on March 19, 2007.
Richard C. Adkerson, FCX’s President and […]

Multotec Manufacturing has completed the largest trommel it has ever built, under an order it received from FFE Minerals. Anthony Yell, Product Manager - Screening, Multotec Manufacturing: "This is probably the largest trommel ever built in southern Africa." It has an internal diameter of 5.1 m and is 5.4 m in length, with a mass […]

The Independent Group of International Experts (IGIE) panel was convened in 2006 by the agreement of the Romanian and Hungarian Governments for the purposes of reviewing Gabriel Resources’ Rosia Montana gold project in Romania and its impacts. The IGIE report reaches the core conclusion that the environmental impact assessment (EIA) for the project is ‘well […]

The headline news in this year’s Fraser Institute survey is the significant decline of Chile in various rankings, as reflected in the Policy Potential Index (PPI). Last year, Chile ranked 3rd in the PPI with a composite score of 87 out of a possible 100. This year, Chile fell to 27th, with a score of […]

I was pleased to be able to see the documentary Mine Your Own Business (www.mineyourownbusiness.org), a film produced by New Bera Media in association with the Moving Picture Institute, at the Prospectors and Developers Assocation of Canada (PDAC) annual meeting. This is a documentary that the mining industry must make every effort to promote […]