Leading international minerals analysis company Intellection has established a firm foothold in Russia, with the appointment of Carl Zeiss Russia as distributor, and the sale of a QEMSCAN® system. The first automated, quantitative minerals analysis system available in Russia, Intellection’s QEMSCAN will initially be installed at the A.P. Karpinsky Russian Geological Research Institute (VSEGEI) in […]

In the latest issue of IMPN, (15th February), one of Europe’s most famous names in copper should be back in proper production soon. The consortium lead by A-TEC Industries has won the bidding with the Agency of Privatization of the Republic of Serbia to purchase the RTB Bor assets. A-Tec unconditionally committed to invest $180 […]

At December 31, 2007 Agnico-Eagle’s proven and probable gold reserves hit a record of 16.7 Moz, an increase of 33% over the year end 2006 level. The 4.5 Moz growth in gold reserves was a result of successful definition drilling at development projects, which converted 1.6 Moz to reserves, and the acquisition of the Meadowbank […]

South Australia’s key mining industry body says any environmental breaches by explorers in the State are totally unacceptable. The South Australian Chamber of Mines and Energy (SACOME) strongly supports the Premier’s contention that standards in the industry must be upheld in order to preserve the industry’s excellent reputation. Commenting on the current environmental breach by […]

For the second year in a row, Kennecott Utah Copper (KUC), producer of about 13% of America’s copper needs, is once again the Rio Tinto mine with the highest net earnings. KUC demonstrated strong performance in 2007 with net earnings of $1.6 billion. KUC’s 2007 production of refined copper rose to 292,800 t, exceeding 2006 levels […]

A steady annual increase in overall identifiable gold tonnage demand, coupled with a gold price racing towards the long held $850 oz record, combined to make dollar demand for gold hit a record $79n billion in 2007. According to World Gold Council’s (WGC) Gold Demand Trends, identifiable gold demand was 4% higher in 2007 than in […]