Zinifex Century mine to become owner-operated

The management of Zinifex Century mine and Downer EDI Mining have mutually agreed to dissolve the successful Century Mining Alliance. To ensure a smooth transition, both Downer EDI Mining and Zinifex have agreed to stage the transition between July 2008 and June 2009. Formed in 2004, the Century Mining Alliance was intended to build the capacity necessary to […]

Supporting mining and other seabed activities

IM’s May issue includes a major feature on seabed mining. Environmental, commercial mining and scientific interests in deep-sea areas may seem to be at odds, but the International Seabed Authority’s Endowment Fund shows the alliance as a successful model for sustainable use of ocean resources. “Technological advancements and the rising price of minerals have created […]

Hot rocks to power South Australian mines?

The booming mining sector in South Australia’s more remote areas has the potential to have its future mainstream power needs supplied by geothermal energy, according to one of Australia’s most advanced ‘hot rock’ energy developers. Addressing the first day on April 30 of the 2008 Paydirt South Australian Resources and Energy Investment Conference in Adelaide, Petratherm’s […]

Camborne School of Mines sees growth

In the UK, the University of Exeter has appointed Professor Frances Wall as Head of Camborne School of Mines (CSM). The first woman to lead CSM in its 120 year history, Professor Wall replaces Professor Robert Pine, who is retiring after six years as Head. She will lead a growing department at a significant point […]

Global gold outlook from RBC Capital

RBC Capital Markets’s global gold outlook may be summarised for Spring/Summer 2008  as ’the pause that refreshes.’ Highlights of investment srategy:  

The greenback’s role as a reserve currency will continue to decline in importance relative to alternatives such as the Euro and gold
Central banks’ current aggressive reflationary efforts will place additional pressure on currencies relative to hard commodities […]

Another suitor for Yukon Zinc

Yukon Zinc has received an unsolicited bid for 100% of the outstanding shares, options and warrants of the company by way of Plan of Arrangement. The proposal was made by China’s Northwest Nonferrous Investment Co and Jinduicheng Molybdenum Group. It results from due diligence investigation and discussions with the management of the Investors that commenced […]

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