News

Mark Lackey, chief investment strategist with Pope & Company, sees particular promise among small-cap gold equities in West Africa. Burkina Faso and Mali offer good topography and stable, democratically elected governments with little interest in economic nationalism. Given Lackey’s view that gold will float between $1,600 and $1,800/ounce this year, he says in this exclusive [...]

For modern flotation machine, if you want to achieve automation of the processing plant, requiring floating up machine is reliable, long service life, of flotation machine parts; machine control device must have a flotation simulation process and long distant control ability. Aeration must have a good effect. Must be able to press into pulp or [...]

Given that the earth’s temperature is rising, sciencetists are investigating if gases trapped in the permafrost are going to be released and what effect it will this have on the climate. crusher machine Announced last month by the U.S. Government,  the Next-Generation Ecosystem Experiments will analyze how permafrost melting is leading to more methane being [...]

Johannesburg, South Africa — MININGREVIEW.COM — 20 December 2011 – First Uranium could retrench up to half of its employees at its struggling Ezulwini plant, and has stated that its workers will have to prove their worth over the Christmas period to minimise layoffs. In an announcement released here, the company said it would look [...]

Windhoek, Namibia — MININGREVIEW.COM — 02 December 2011 -  The government of Namibia has finally agreed to grant Swakop Uranium a licence to develop the US$1.5 billion Husab uranium mine ‒ a project that will create more than 17,000 direct and indirect jobs in the country. Besides making Namibia the third biggest uranium producer in [...]

Accra, Ghana — MININGREVIEW.COM — 25 November 2011 – The Ghana Mineworkers’ Union (GMWU) has commended the government for taking what it calls “bold steps to enhance the revenue base of the country.” Revealing this in a statement issued here, the general secretary of the GMWU Prince Ankrah said the union was particularly happy with [...]

Mining M&A is heating up with more takeover rumours, says The Australian, quoting a report from UK-based newspaper The Sunday Times. The Times reported that BHP Billiton (NYSE: BHP), the world’s largest miner, is close to launching a $1.3 billion bid for Ferrous Resources, a Brazilian iron ore producer controlled by a number of international [...]

Indonesian Atlas Resources is readying a $167 million initial public offering to help finance building supporting infrastructure in its Sumatra coal mining hubs in Muba and Oku. Indonesian Atlas Resources director Abdi Andre issued a statement noting that about $25 million of the IPO funds will go to compensation for restructuring Atlas Resources’s supply contract [...]

Last week the UN Secretary-General, Ban Ki Moon, announced the formation of a High Level Group on Sustainable Energy for All. The group is to be led by UNIDO Secretary-General Kandeh Yumkella and Bank of America Chairman Charles Holliday. Access to energy is a key development challenge. According to the International Energy Agency (IEA) 1.4 [...]