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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

Aquarius Platinum Shares Recover After 'Carve Out' Ruling

Aquarius Platinum (ASX: AQP) shares which had tumbled yesterday after the government in North West Province, South Africa proposed rules limiting 'carve out' of underground mine caverns, recovered today.

20 Jul 2010

Santos Secures $2 Billion for LNG Projects

Santos (ASX:STO) has secured loans worth $2 billion from nine banks for its liquefied natural gas (LNG) plants in central Queensland and Papua New Guinea. The construction of the Gladstone project in Australia and the new one in Papua New Guinea are expected to benefit from the loan.

From Santos Ltd. 20 Jul 2010

Chevron Signs Korean LNG Deal for Wheatstone Project

Chevron has signed a deal to supply liquefied natural gas (LNG) to a Korean Gas company from its Wheatstone project off the Pilbara in Australia's North West.

From Chevron Australia Pty Ltd 20 Jul 2010

Fortescue Metals Reports Iron Ore Hike

Fortescue Metals Group Ltd. (ASX:FMG) has reported a hike in iron ore shipments in the June quarter this year as compared to the year before. FMG has shipped 11.04 million tonnes of ore in the June Quarter in 2010 which is a 36 per cent increase from the corresponding figures of last year.

From Fortescue Metals Group Ltd 20 Jul 2010

As Elections Loom Mining Industry Hopes for a Change in Government

The upcoming Australian Federal elections may decide the fate of the controversial mining law in Australia. While mining industry heads do not wish to publically politicize the situation, they are privately hoping for a change of government.

20 Jul 2010