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$3.2 Billion Investment in Pakistan Gold/Copper Resource

A potential copper and gold deposit in Balochistan, Pakistan has attracted a fresh investment of $3.2 billion via a joint venture. The joint venture comprises of Barrick Gold Corporation from Canada and Tethyan Copper Company from Chile.

From Barrick Gold Corporation 20 Jul 2010

Xstrata Concerned with Skilled Worker Shortage

Xstrata Copper has concerns over finding skilled workers in Queensland given the high volume of mining activity taking place in the state and in Western Australia.

20 Jul 2010

Environmental Problems Persist for Zijin Mining

Environmental concerns are affecting China's mining activities again. Zijin Mining Group was required to shut down a copper plant in Shanghang in the Fujian province after a team of government investigators found a substantial leakage of waste water on July 3, 2101.

20 Jul 2010

Oz Minerals to Create 250 New Jobs at Prominent Hill

Oz Minerals (ASX:OZL) hopes to create 250 new jobs at its Prominent Hill operation now that the new federal mining law does not affect copper ore. Prominent Hill is a open cut copper and gold mine.

From OZ Minerals Limited 20 Jul 2010

Indophil Resources Seeking New Buyer

Indophil Resources (ASX:IRN) is looking for potential buyers after Zijin Mining Group Co. decided to terminate a takeover offer relating to the open pit ban in South Cotabato province of the Philippines which impacts its Tampakan Copper-Gold Project.

20 Jul 2010

Peel Exploration Upbeat on New Discoveries

Peel Exploration Managing Director Rob Tyson is excited about a significant deposit that may be found in the historic May Day mine.

20 Jul 2010

Rio Tinto, Ivanhoe Mines Tussle Over Mongolian Deposit

Rio Tinto wants more than to be a side line partner for Ivanhoe Mines in Mongolia. The Canadian miner Ivanhoe was assisted by Rio to end lengthy and complicated 5 year old negotiations under Mongolian mining law for the largest undeveloped copper deposit in the world.

From Ivanhoe Mines Ltd 20 Jul 2010

China Slowdown on Iron Ore and Copper Imports

Is the global economic slowdown finally slowing down China? It would seem that way if you look at the decline in imports of iron ore and copper in the month of June from Australia.

From BHP Billiton Plc 12 Jul 2010

Taseko Mines Steps Closer to Williams Lake Approval

Vancouver-based Taseko Mines (TSX: TKO, NYSE AMEX: TGB) awaits the British Columbia government’s approval for its proposed open pit mine. The CEO Russell Hallbauer predicted that the cabinet will have a decision on the proposed mining project after it reviewed the environmental threats.

From Taseko Mines Limited 7 Jul 2010

Aussie Mining Giants Happy with New Tax Proposal

The big mining companies in Australia have been expressing their approval of the government's cut in the proposed Resources Super Profits Tax. The new compromise tax has been redesigned and renamed under Prime Minste...

From Fortescue Metals Group Ltd 4 Jul 2010