Hundreds of thousands of South African precious metals ounces are at risk as the ongoing power problems in the country have come to a very serious state. Electricity supplier Escom no longer has sufficient capacity to meet demand and is having to make cutbacks and reduce its exports of electricity to neighbouring countries. Mineweb reports that gold […]

Peru’s mining exports in 2007 soared to $16.9 billion, representing an increase of 15% compared to 2006 ($14.7 billion), Peru’s National Society of Mining, Petroleum and Energy (SNMPE) has reported. In 2007, Peru’s total exports reached $27 billion dollars, and mining products accounted for 62%.The SNMPE said that up to December 2007, Peru’s mining exports registered sustainable growth […]

Rio Tinto has signed an exploration joint venture agreement with CODELCO, the world’s largest copper producer. Under the terms of the agreement, Rio Tinto and CODELCO’s 100%-owned subsidiary SCM Los Andes will jointly contribute mineral rights in Chile to the joint venture, which will be managed by Rio Tinto. This is the first joint venture […]

Tahera Diamond Corp will suspend mining activities at the Jericho mine in approximately two weeks. The suspension of mining will preserve the company’s existing cash position and fuel inventory at the mine while it works on its re-structuring plan. Following the suspension of mining activities, ore processing and diamond recovery are planned to continue for […]

In September 2007 Vital Metals commissioned independent specialist metal marketing consultants, GBRM Ltd, to conduct a comprehensive update of the world-wide market for primary tungsten production in the form of ores, concentrates and intermediate products such as ammonium para-tungstate (APT). This study is intended to be used in the feasibility study for the Watershed scheelite (calcium […]

CRCMining has issued a call for papers for this event (theme Smart Technologies for Sustaining the Minerals Boom), to be held September 16-18 at the Novotel Twin Waters Resort in Queensland. Visit the CRCMining website (http://mcsv.net/cgi-bin/redir?MCid=RYFnv15COuyiJOFzN6ye) to download the Call for Papers information sheet and abstract submission template.