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Guinea Wants to Claim Third of All Mining Projects

After its first democratic transfer of power last year the West African nation of Guinea is planning to stake a claim in one third of all mining projects. The nation of Guinea has considerable bauxite and iron ore deposits.

From Vale 26 Jan 2011

Deloitte Says Australia Will Have Mineworker Shortage by 2020

The mining industry may face an acute shortage of manpower in the next few years as per a report from professional services organization Deloitte. The report said that the industry will need 58,000 more workers by 2020 to maintain the production levels that the industry has at present.

24 Jan 2011

First Point Minerals Provides Details on Exploration at Seven Nickel-Iron Alloy Properties, BC

First Point Minerals Corp. (TSX VENTURE:FPX) provides an update on its program exploring for awaruite, a naturally occurring nickel-iron alloy, on seven properties located in central and northern British Columbia.

From First Point Minerals Corp. 24 Jan 2011

Supreme Court of India Says Karnataka Iron Ore Ban Not Forever

The Supreme Court of India told the state government of Karnataka that it could not keep up an iron ore transportation ban forever. The ban which was imposed by the state government in an effort to stem illegal mining and export of iron ore was issued last year in July.

23 Jan 2011

Baffinland Iron Mines Announces Final Iron Assay Results from Mary River Project in Canada

Baffinland Iron Mines Corporation (TSX:BIM) announces further high grade iron assay results from the final eleven holes drilled at Deposits No. 2, No. 4 and No. 5 at the Mary River Project, Baffin Island, Nunavut Territory, Canada.

From Baffinland Iron Mines Corporation 21 Jan 2011

African Aura Mining Updates on Iron Ore Project in Cameroon

African Aura Mining Inc., the TSX-V (AUR) and AIM listed exploration and development company has announced an update for its iron ore project at Nkout, southern Cameroon.

20 Jan 2011

Rio Tinto's Iron Ore Production Up

The multinational mining giant Rio Tinto has seen record iron ore production in the last quarter of 2010. There was a 6% increase in the quarterly production in the final quarter of the year despite the troubles with Iron Ore Company of Canada.

From Rio Tinto plc 19 Jan 2011

Improvement in South Africa's Mining Sector

Production in South Africa's mining sector has risen 9.6% in November on a yearly comparison. In October it had been revised to a 6.5% rise as per available statistics. This is indeed good news as the mining production was showing a negative annual growth rate at the end of May of -7.7%.

19 Jan 2011

Moly Mines Financing Plans Falter

Moly Mines shares dropped sharply as it announced that its 55% Chinese shareholder, Hanlong Mining Investment, has stalled the financing for its flagship project.

From Moly Mines Limited 19 Jan 2011

Nunavut and ArcelorMittal Make Joint Offer for Baffinland Iron Mines

In a tame ending to high drama in the mining world the two suitors for Baffinland Iron Mines joined forces and presented a joint takeover bid for the company.

From Baffinland Iron Mines Corporation 18 Jan 2011