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Kumba Iron Ore and ArcelorMittal Reach Agreement

In a temporary truce between Kumba Iron Ore and ArcelorMittal, the world's largest steelmaker has agreed to buy ore from Kumba in the next year at about half of recent market prices. Kumba is a unit of Anglo American Plc.

From Anglo American South Africa 25 Jul 2010

Andrew Forrest Says Government Will Need to Redesign Mining Tax

If Fortescue Metals Group Ltd CEO Andrew Forrest has his way Prime Minister Julia Gillard can forget about having the new mining law passed in its current form after the elections.

From Fortescue Metals Group Ltd 25 Jul 2010

Freeport McMoRan Copper & Gold Reports Jump in Earnings

Freeport McMoRan Copper & Gold Inc. (NYSE:FCX) has reported a 10% rise in its second quarter earnings.

22 Jul 2010

Shears Minerals to Buy Nunavut Diamond Mine

Shears Minerals (TSXV:SRM) is buying a diamond mine in Nunavut. The Alberta-based exploration company is hoping to pick up the Jericho mine which happens to be Nunavut’s only diamond mine.

22 Jul 2010

Newcrest Announces Jump in Production

Newcrest Mining Ltd. (ASX:NCM) has recorded a 32% increase in its Q4 2009/2010 production. A year ago it produced 397,826 ounces of gold in the same quarter, and this year it produced 526,131 ounces of gold.

From Newcrest Mining Limited 22 Jul 2010

Argonaut Gold Boosts Production at El Castillo

Canadian Gold mining company Argonaut Gold (TSX:AR) has recorded an increase of 57% in gold production in the second quarter. Argonaut produced 10,062 oz of gold during this time frame.

21 Jul 2010

Problems in the Congo for First Quantum Minerals

First Quantum Minerals (TSX:FM), a Vancouver, British Columbia based mining and metals company, is facing a drop in production over the political uncertainty of its future of mining in Congo.

From First Quantum Minerals Ltd. 21 Jul 2010

U.S. National Mining Association Files Law Suit Against EPA and Army Engineers

The National Mining Association (NMA), representing the interests of mining industry in the U.S., filed a law suit Tuesday against the U.S. Environmental Protection Agency (EPA) and the Army Corps of Engineers, claiming the agencies are "unlawfully obstructing permitting of coal mining operations" in Central Appalachia.

21 Jul 2010

Confusion and Concern over New Zealand's Mining Rules

Confusion over New Zealand's mining rules are causing the mining industry heartache. The recent change on the stance of mining on conservation land by the government has not gone down favorably.

20 Jul 2010

BHP Billiton Cautious on Global Financial Recovery

BHP Billiton (ASX:BHP) says that despite its petroleum and iron ore divisions having both achieved their annual production records, the mining giant is continuing to err on the side of caution about the short term outlook for the global economy.

From BHP Billiton Plc 20 Jul 2010