Home News Page 1164

News

Vale dumps CEO

0
Brazilian mining giant Vale has forced its CEO out, following weeks of rumours that the government was demanding change at the top of Latin America's largest non-state firm.

JSW takeover of CIC hits new hurdle

0
CIC Energy Corp says the Botswana government has declined to renew one of its two mining licenses there.

First Uranium’s gold output slumps

0
First Uranium's gold production has slumped well below the revised target provided in January, while it also faces a third-party legal challenge to a key water permit.

Newcrest suspends Ivory Coast operations

0
Newcrest Mining has suspended operations at its Bonikro gold mine in Ivory Coast due to a "deterioration in the security situation".

Ipsa remains under pressure

0
At long last independent power producer Ipsa has its Newcastle power plant back in operation, but bureaucratic delays experienced with Eskom have done a lot of financial damage.

Gold One shrugs off ASX ‘speeding ticket’

0
Shares in Gold One International have continued their recent rally, following a query by the ASX into possible corporate activity at the junior mining company.

Randgold keeps going in Cote d’Ivoire

0
Randgold Resources' Tongon gold mine continues to operate at near normal levels despite the deteriorating political situation in Ivory Coast, says CEO Mark Bristow.

Zimplats continues talks over local ownership

0
Impala Platinum says it remains in talks with Zimbabwe's government about its compliance with regulations by which it must put 51% of its stake into local hands.

Platmin to keep nose to the grindstone

0
Platmin has given itself a lot of work to do at its open pit Pilanesberg Platinum mine during 2011, saying it will double production to break even.

CSN won’t sell Riversdale stake, says CFO

0
CSN has no immediate plans to sell its stake in Australia's Riversdale Mining on which it is relying as a source of coal, says CFO Paulo Penido Marques.