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Mining.com News

  • Afghanistan starts new commercial oil production in July -

    The China National Petroleum Corporation will operate the project.

    The post Afghanistan starts new commercial oil production in July appeared first on MINING.com.

  • BC rejects new coal mine for Vancouver Island -

    Compliance Energy Corp.'s application found deficient by the provincial environmental assessment office.

    The post BC rejects new coal mine for Vancouver Island appeared first on MINING.com.

  • Lonmin's South African mine resumes operation after strike -

    Talks between labour and management continue.

    The post Lonmin's South African mine resumes operation after strike appeared first on MINING.com.

  • Potash producer Mosaic to remain independent -

    Company must first settle its split with former owner Cargill.

    The post Potash producer Mosaic to remain independent appeared first on MINING.com.

  • VIDEO: Aureus Mining sets up Liberia's first commercial gold mine -

    The company expects to extract 120,000 ounces per year over eight years.

    The post VIDEO: Aureus Mining sets up Liberia's first commercial gold mine appeared first on MINING.com.

  • Australia Mining News

    Mining Journal

  • Anketell port gets federal environmental approval - Aquila Resources Ltd said the Anketell Port proposal had been approved by Australia’s federal environmental authorities.
  • Antofagasta’s hit by lower copper prices - Chilean copper producer Antofagasta reported a 29.3% drop in earnings for the March quarter as lower copper prices outweighed higher sales volumes.
  • NWR to take “aggressive steps” to reduce costs after plunging to loss - European-focused coal producer New World Resources plc (NWR) will make group-wide salary cuts, axe jobs, slash expenditure and divest assets after it reported an €80 million (US$102 million) loss for the March quarter.
  • Rinehart says mining industry is not a bottomless cash machine - Australia’s richest person, mining magnate Gina Rinehart, has warned government that the country’s resources industry is not a bottomless cash machine.
  • US bank authorises US$500m loan for Oyu Tolgoi - The Export-Import Bank of the United States said its directors had authorised a US$500 million loan for development of Rio Tinto’s Oyu Tolgoi copper-gold project in Mongolia.