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Plans to Expand World's Biggest Mine

Kennecott Utah Copper Corp is hoping to extend the life of its Bingham Canyon mine to 2034 by a proposed expansion. The world's biggest mine may get bigger if they get the permission to increase the size of the mine by about 1,000 feet in width and 300 feet in depth.

From Rio Tinto plc 17 Aug 2010

Colombia Captures Mining and Oil Investments from Venezuela and Ecuador

Colombia is watching its foreign mining and oil investments boom as security gains and capitalist friendly investment rules come in to play.

16 Aug 2010

Leighton Holdings Reports Jump in Profits

Leighton Holdings Ltd (ASX: LEI) reported a 39% rise in full year net profits on Monday. The company said that work in hand had increased to a new record making sure that it was looking forward to a good current financial year as well.

16 Aug 2010

Newcrest Mining Posts Spectacular Profits

Newcrest Mining (ASX:NCM), Australia's leading gold mining company, has doubled year profits as if to prove the fact.

From Newcrest Mining Limited 16 Aug 2010

Woodside Petroleum Announces Significant Gas Intersections

Woodside Petroleum Ltd (ASX:WPL), shares rose to a one month high after gaining 2.5 % after its Alaric-1 prospect offshore intersected gas pays over several zones.

From Woodside Petroleum Ltd. 16 Aug 2010

Alberta Ranks Top for Mining Investment, Australia Falls to Bottom

As per a Fraser Institute survey of 51 international jurisdictions Alberta is apparently the most attractive place for mining investment, while Ottawa and the provinces need to resolve jurisdictional issues concerning First Nations land claims.

13 Aug 2010

Chameleon Mining Calls for Trading Halt

Chameleon Mining called for a trading halt one day after it struck a deal with Tony Sage's Cape Lambert Resources to help keep it afloat.

12 Aug 2010

Proposal for a Single National Regulatory Body for Oil and Gas in Australia

Yet another pre-election promise involves setting up a single national regulatory body for the oil and gas industry as per Resources Minister Martin Ferguson.

12 Aug 2010