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China could experience serious mineral shortage by 2020 |
China is on course to hit a major mineral resources shortage by 2020, and is already experiencing a dearth of 11 minerals essential for economic growth, according to Xu Shaoshi, China's Minister of Land and Resources. ...
Oil industry expects skill gap to widen as workers age |
Although high-profile accidents in the oil industry have changed the way major players operate, the sector is still working to tackle a daunting problem that may only get worse: The growing gap between seasoned workers and new, less-experienced employees. ...
Ivanhoe CEO's resignation reverberates throughout mining and metals industry |
With the resignation of Ivanhoe Mines CEO Robert Friedland comes a new era for the Canadian company, and it could have far-reaching implications for major mining projects around the world. ...
Canada to expedite mining and metals review process |
Canadian officials announced on Tuesday, April 17, that the country will streamline the review process for a number of mining and metals projects throughout the country in an effort to remain a powerful force among resource-rich countries, Mining Weekly reports. ...
China copper, aluminum exports jump to near-records in March |
Production of refined copper and aluminum in China surged to the second-highest level in March, and analysts predict April will see similar output as major producers capitalize on steady demand despite oversupply threats. ...
U.S. coal exports grow to highest level in decades |
U.S. coal exports hit a multi-decade peak in 2011 as demand in Asia and Europe gave North American producers a place to ship their materials, which are decreasing sharply in popularity in domestic markets. ...
Mining and metals companies keep a watchful eye on demand from China |
Mining and metals companies keep a watchful eye on demand from ChinaApril 11, 2012 Miners around the world are closely watching the ebb and flow of metals demand estimates from China, as various resources could rise or fall in demand...
Chile plans to spend $100 billion on mining and metals industry by 2020 |
Mining and metals expenditures in Chile are expected to total about $100 billion by 2020, with more than 75 percent of investments likely coming from the private sector, Chile's mining association Sonami announced on Monday. ...
China develops rare earth association, expected to rock global mining and metals industry |
Chinese officials announced on Sunday, April 8, the country had set up a rare earth industry association in an effort to expedite the consolidation process of its many rare earth mining operations, a process that has drawn the ire of overseas trade partners, Reuters reports. ...
Gold miners unfazed by Mali disruptions |
Gold mining companies operating throughout Mali are shrugging off the risk of border closures and the effects of sanctions that have been imposed on the West African country following a coup in March, Reuters reports. ...
Report shows Nebraska mineral deposit could be promising for North American miners |
A new report details the deposit of a rare heat-resistant element in the grounds of southeast Nebraska, and states the resource could be even larger than previously thought, Bloomberg reports....
Miners work to dig more zinc even amid long-running glut |
Mining and metals companies around the world are making moves to continue mining zinc, a component necessary for steelmaking, despite ample supply of the mineral, betting on many projects to soon dry up, creating a need for massive new mining and metals operations, Reuters reports. ...
Canada's proposed 2012 budgets extends 15 percent mineral exploration tax credit |
On Thursday, March 29, Canada's Finance Minister Jim Flaherty announced the proposed 2012 budget would include measures to streamline the country's environmental overview process, extending a 15 percent mineral exploration tax credit, Mineweb reports. ...
Nations around the world taking bigger cut of mining and metals industry |
After Australia set the example for putting higher levies on the wealth of its mining and metals industry, many nations are following suit, but with more intensity than Australia ever showed, the Brisbane Times reports. ...
China iron demand may be at its peak, economist says |
The impressive growth rate of China's iron ore demand may have reached its peak, Morgan Stanley's chief economist stated, however there will be residual demand from mining and metals companies for the critical steelmaking element, Fox Business News reports. ...
Africa, South America subject of Chinese mine companies' exploration |
Chinese mining companies are looking to begin new projects in Africa, South America and other parts of Asia in an attempt to meet the growing demand for crucial commodities, including iron ore and copper, Reuters reports. ...
Miners may follow Glencore, Xstrata's example |
The megadeal acquisition of Xstrata by Glencore may come with more merger and acquisition activity within the global mining and metals industry, Reuters reports....
Chinese miner hopes to restart Mongolian mining talks |
The largest coal producer in China recently announced it expects to restart negotiations to begin mining Mongolia's massive Tavan Tolgoi coal deposit once the country's elections are over in June, Reuters reports. ...
Post-merger integration leads to advanced mining projects in Greece |
Following the acquisition of Greek assets by Eldorado in the post-merger integration phase of the takeover of European Goldfields in February, the Greek Ministry of the Environment, Energy and Climate Change (MoE) has approved technical studies of two new mining and metals projects in the country. ...
Australia, Canada and Chile ranked as best mining destinations |
In Behre Dolbear's annual ranking, Australia, Canada and Chile came out on top as the best destinations for resources investment. ...
Quebec looks to balance budget through mining investments |
Quebec says it will balance its budget by 2013-2014 after reporting a deficit of $1.5 billion in 2012-2013, in part through promising mining projects the province is looking to invest in, Reuters reports. ...
Chinese slowdown not expected to affect BHP iron-ore operations |
BHP Billiton says it is not worried about the apparent Chinese economic slowdown, and announced on Tuesday, March 20, it has no intentions of backing down on plans to expand its iron ore mining and metals operations. ...
Global iron ore demand could double by 2030 |
Global demand for the key steelmaking ingredient iron ore is expected to double to about 3.5 billion metric tons per year by 2030, supported strongly by a growing Chinese need for the resource as the country continues to push its economy forward, Mineweb reports. ...
Miners head to Canada's high arctic in search of coal |
As the search for viable coal deposits continues around the world, Canadian companies are heading north to Ellesmere Island - the northernmost tip of the landmass located just 800 kilometers from the North Pole, Mining Weekly reports. ...
Bloc challenges China on rare earth caps at WTO |
The U.S., Japan and Europe have joined together to develop a plan to bring a new trade case against China over its decision to limit exports of rare earth minerals, officials stated. ...
Indonesian mining policy could dampen foreign investment |
Although Indonesia has recently been seen as a bright investment opportunity for mining and metals companies, the Jakarta government could soon change that now that it is mandating a domestic majority share in all mining projects that take place in the country. ...
Miner says Peru could be ultimate destination for yellowcake |
Initially, junior miner Macusani Yellow, which is set to buy competitor Southern Andes, planned to publish a scoping study on the merits of a 4-million-pound-per-year mine in late March, but has now pushed the release date back. ...
Uranium mining industry expected to bounce back after hard year |
Roughly one year after the worst nuclear disaster since Chernobyl, uranium explorers and miners are beginning to show confidence in the industry's long-term outlook, Reuters reports. ...
Western mining giants see stiff competition in global M&A |
The global mining team at PricewaterhouseCoopers predicts that 2012 will see record M&A volumes and values in the global mining and metals industry. However, mega miners in the West will likely compete for deals with non-miners, Mineweb reports. ...
Colombian Minister says coal production could soar by 2014 |
Colombian officials have announced the country plans to increase its coal production from 97 million tons in 2012 to 120 million tons by 2014, according to Colombia Minister of Mines and Energy Mauricio Cardenas Santa Maria. ...
Possibility of South African mining nationalization fading away |
The prospect of nationalizing South Africa's prosperous mining and metals sector has grown even more unlikely, The Wall Street Journal Reports. ...
Mining exploration boom to keep up in 2012 |
Mining exploration is expected to jump to a new record in 2012 before it falls back 5 percent to 15 percent by the end of 2012, according to a new report released by the Metals Economics Group (MEG). ...
Global increase in metals demand to spur mining activity |
Demand for metals in countries ranging from Europe to Asia has rebounded since the beginning of 2012, leading to a reversal of sentiment in Europe's manufacturing industry and increased production at mining and metals operations. ...
Mining and metals activity picks up as prices rise |
The latest Scotiabank Commodity Price Index indicates that major growth in the coking coal, gold and nickel mining sectors, as well as the inclusion of iron ore, has increased the weight of metals and minerals within the index, Mineweb reports. ...
Massive iron-ore expansions needed around the world to replace aging mines |
As older mines gradually become depleted, there will need to be a huge expansion of iron ore mining and metals operations all over the world, says a senior executive of Brazilian miner Vale SA. ...
Alaska mines produce $3.8 billion, more work to be done |
Although Alaska's mines produced $3.8 billion in raw materials in 2011, representatives for the Alaska Miners Association and Council of Alaska Producers recently stated more must be done to improve the state's mining capabilities, the Juneau Empire reports. ...
Report says foremen at fault in West Virginia mining accident |
Mining and metals safety officials in West Virginia have issued 253 violations since beginning their investigation of the Upper Big Branch mine accident, and have stated the failures of at least two foremen may have contributed to the deadly explosion. ...
Argentina's manufacturing industry growth slows in January |
The growth seen in Argentina's manufacturing industry likely slowed in January, as a trudging economy affected the automotive industry and the production of other high-value goods. ...
Australian miners plan for more strikes due to poor conditions |
Workers at BHP Billiton's coal mines near Syndey are planning to strike again next week, continuing a dispute that has lasted for months over the working conditions of the mine, Reuters reports. ...
Canada's mining and metals industry growing, figures show |
A new report from the Mining Association of Canada indicates that not only has the sector recovered from the 2008 economic downturn, but that it is prospering once again. ...
South Africa to use incentives to strengthen mining and metals sector |
South African Finance Minister Pravin Gordhan recently announced he is setting up a venture capital incentive for junior miners to promote growth in the country's mining and metals industry, Mining Weekly reports. ...
Zimbabwe mining industry leaders say new fees will be crippling |
On Monday, February 20, an industry body came forward stating that Zimbabwe's new mine license fees and resource rentals will drastically raise the cost of mining and put the viability of the mining industry under the gun, with up to 60 percent of mining revenues going to the government. ...
Global mining and metals industry to see new powerhouse |
With the announcement of a $90 billion merger between global miner Xstrata and commodities trader Glencore comes the creation of a new super-company in the mining and metals industry. ...
MSHA director says mines can't be complacent |
With each high-profile mining disaster, regulators have ramped up enforcement while companies have taken a second look at the safety of their operating procedures, Joe Main told the news service. However as time goes on, both tend to become complacent - until the next disaster. ...
Uranium exploration ban lifted in New South Wales |
The state cabinet of New South Wales has voted to overturn a decades-old ban on uranium exploration, with the hopes of joining the mining boom Australia has been benefiting from, creating jobs and high profits. ...
BHP, Rio plan $3.8 billion copper project |
International miners BHP Billiton and Rio Tinto have reached an agreement to spend $3.8 billion to increase copper production at the Escondida mine in Chile over the next decade, Mining Weekly reports. ...
Canada to begin uranium trade with China |
Uranium producers in Canada are celebrating Prime Minister Stephen Harper's decision to toss out trade rules that once kept the country from exporting uranium from its large deposits to China, Mineweb reports. ...
Canadian resource minister calls for more Ring of Fire development |
Canada's Natural Resources Minister Joe Oliver recently stated he hopes that environmental approval timelines can be made shorter for major mining and metals projects as the government prepares to spend 92 billion Canadian dollars in the sector over the next 10 years. ...
Mining M&A activity tops $100 billion in 2011 |
Mining and metals merger and acquisition values soared 50 percent in 2011, surpassing $100 billion, driven by a recovery in transaction values in the fourth quarter of 2011, according to consultancy KPMG. ...
Massive nickel deposit uncovered in Canada |
A small Canadian mining exploration company is looking to begin production of naturally occurring stainless steel at its Decar Project in British Columbia, a mine the company touts will become a "game changing" player in North America's nickel mining and metals industry, Mining Weekly reports....
Strong world mining equipment demand indicative of growing mining industry |
A new report states that the world demand for mining equipment is set to grow 8.5 percent annually for the next three years as resource exploration, mining production and exports of mined materials is expected to increase on a global scale....
Guyana to replace mining inspectors |
Guyana is bringing aboard new inspectors as part of an effort to confront illegal activity at mines, the South American nation's top mining official said. ...
Wisconsin legislators vote for iron mine |
Legislators in Wisconsin voted up a bill to expedite the permit process in the state for mining iron on Tuesday. ...
U.S. coal producers continue exports despite hard times |
U.S. coal producers are facing several problems including rising costs, more intense environmental oversight and more competition from natural gas, which analysts say could mean a permanent shift in the market share of energy resources, The Wall Street Journal reports....
Germany to develop rare earth elements mine |
Germany is set to put itself on the map in the rare earth elements mining and metals industry after announcing its plans to tap into a large reserve of the the minerals crucial to high-tech manufacturing. ...
Montana deposit home to 1 billion pounds of copper |
A Canadian mining company has discovered a copper deposit in Montana that could add 1 billion pounds of the metal to its portfolio, KXLH News reports. ...
PwC survey finds gold miners expect prices to soar in 2012 |
In a recent survey conducted by PricewaterhouseCoopers, 80 percent of gold mining executives said they expect gold prices to continue climbing in 2012, with only 6 percent indicating a negative view, The Telegraph reports. ...
Nicaragua reaps benefits from gold mining boom |
Gold, which recently gave investors more confidence by reaching new highs for the month, has been the driver of a mining and metals resurgence in Nicaragua, helping one of the poorest countries in the Western Hemisphere enjoy rapid GDP growth. ...
Republic of Congo breaks into iron ore mining market |
The Republic of Congo, which has long been an important exporter of diamond and cobalt, is set to become a major exporter of iron ore in the coming years, with renewed activity in the mining sector spurring expansions and new projects. ...
Zambia expects highest copper production in decade to spur economic growth |
Zambia, the largest producer of copper in Africa, expects to increase its copper output to the highest in more than 10 years in response to prices that have more than doubled in recent years, Bloomberg reports. ...
Interior secretary bans uranium mining near Grand Canyon |
Uranium miners are unable to ply their trade on roughly 1 million acres of federal land flanking the Grand Canyon. ...
Scrutiny of oil, gas shale prices builds amid Chinese, Japanese, French interest |
Eyes are scrutinizing rapidly increasing oil and gas shale prices amid worries about the formation of a bubble. ...
Mining report finds safety has progressed, still room for growth |
After a record number of coal mining fatalities were recorded in the U.S. in 2010, the industry bounced back to report the second-lowest total ever in 2011, the Huntington Herald-Dispatch reports....
Hydraulic fracturing raises questions |
Drilling companies are chomping at the bit for the chance to collect a soft sandstone that can be used to access natural gas and oil supplies situated underground. ...
Diamond demand helps British miner make it big |
As diamond prices rose throughout 2011, kept out of the spotlight by gold's impressive performance, mining companies responded by upping their emphasis on extracting the precious stone. ...
Mining remains a booming industry for UK workers |
While many UK companies are worried 2012 will be filled with concerns and workers wonder when the next slew of job cuts will come, those in the mining and metals industry have little to fear, The Telegraph reports. ...
Zimbabwe says platinum export ban not immediate |
The south African country of Zimbabwe has confirmed it plans to impose an export ban on raw platinum exports in an effort to force mining companies to construct refineries within the country. However, the move will not take place "overnight," a government official stated. ...
SEC requires U.S. mining companies to report safety violations, fatalities to potential backers |
The Securities and Exchange Commission recently announced a new rule that will require U.S. mining companies to report any workplace deaths and significant health and safety violations in their quarterly and annual financial reports, The Associated Press reports. ...
China plans to keep export restrictions in place in 2012 |
China has announced it will keep its current rare earth element (REE) export restrictions in place in the coming year, which will ease foreign worries that the China would drop the quota to even lower levels than 2011. ...
Indian mining regulator opposes iron export ban |
In the face of rapidly rising illegal mining, India is considering a ban on the export of iron and manganese ore. ...
Nevada mining panel holds first meeting |
The first meeting of the Nevada Mining Oversight and Accountability Commission (MOAC) was held on Tuesday, December 20, in Carson City, where members discussed mounting concerns over the regulation of mining health and safety. ...
Canada begins search for rare earths |
A massive drop in the number of rare earth element (REE) exports from China has led many countries to pursue their own mining and metals operations for extracting the in-demand minerals. ...
Greece to see $2 billion in mining and metals investments |
On Monday, December 19, Canadian mining and metals company Eldorado Corp. announced it would help Greece's ailing economy with a 1.5 billion-euro ($2 billion) investment in the nation's mining sector. ...
Cost proving to be main factor in lower mining profits |
Earlier in 2011, widespread rhetoric among mining and metals executives suggested keeping up with the boom in demand would be miners' biggest issue, but just six months later, companies are now faced with a much more pressing issue - soaring operating costs. ...
Ernst and Young report details major mining issues of 2012 |
In its annual evaluation of global operational and strategic risks faced by mining companies, Ernst and Young (E&Y) detailed the most pressing issues miners will face in 2012, including infrastructure access, capital project execution, cost management and supply interruptions....
Brazil to see robust mining and metals growth in coming years |
New research conducted by UK's BRICdata indicates Brazil's mining sector will experience significant growth in the next five years as domestic demand for resources is set to increase, according to Minerals and Materials....
Miners bank on long-term benefits of investments |
Although the mining industry is currently facing tumbling commodities prices, high production costs and slowing growth in two of the industry's most important countries, the largest mining companies in the world are holding out hope. ...
Massive U.S. land sale set for mining exploration |
In one of the largest land sales in the history of the U.S., Fountain Investments of Miramar Beach, Florida, has secured the mineral rights of 1.2 million acres of land in the state of Nevada for $31 million. ...
Zambia may cut mining royalties if prices falter |
After recently hiking mining royalties, the Zambian government now says it may cut back those rates if commodity prices collapse in 2012, according to the the country's Mines Minister. ...
Ernst and Young expects positive growth for junior miners |
At the Mines and Money conference in London on December 7, Ernst and Young (E&Y) reported that as mining majors begin to reduce their debt that has piled up since 2008, more equity finance may trickle down to the junior mining and metals industry, MineWeb reports. ...
Ecuador reaches agreements to begin mining projects throughout country |
In its efforts to boost mining and metals in the country, Ecuador's government reached agreements with major mining companies on Monday, December 5, with heavy new investments expected to begin pouring in. ...
Estimates of enormous mining consolidation supported by recent M&A activity |
After analysts predicted a surge in merger and acquisition activity within the gold mining and metals industry earlier in 2011, new data and possible mergers support those claims, and hint that the expected growth has arrived. ...
Quebec reports record year for mining and metals investments |
With nearly $3 billion invested in Quebec's mining and metals industry in 2010, the province now must decide how it can best profit from the soaring interest in its mineral reserves, Northern Ontario Business reports. ...
North American mining operations see resurgence as metal prices soar |
As the prices of gold, copper and other metals have steadily risen and have seen recent surges on top of long-term gains, miners have flocked to Northern America and surrounding regions to begin digging after vast deposits of minerals were discovered in the last decade. ...
Ecuador soon to sign $3 billion mining contracts |
The South American country of Ecuador has almost completed two contracts for two large mining projects totaling $3 billion, according to the Business Recorder. ...
Gold jumps back from monthly low on higher demand |
On Tuesday, November 22, gold bounced back from its lowest level in almost a month due to continued European and U.S. debt concerns driving demand for the metal as investors looked for wealth protection. ...
Mexico emerging as top silver mine destination in the world |
Although silver mining occurs in a wide range of countries, Mexico is quickly becoming a silver hotspot, with metal production far exceeding that of other mines around the world and no major roadblocks standing in its way, Resource Investing News reports. ...
Canada mining and metals industry to invest billions into Alberta projects |
In an address to the Edmonton business community at the Edmonton Economic Development Corporation's 2012 Economic Outlook Luncheon, Pierre Gratton, President and CEO of The Mining Association of Canada, shared some staggering numbers regarding investments in Canada's mining and metals industry. ...
South America home to several foreign mining companies, Australia wants greater share |
The future of mining in South America looks bright, with several new developments cropping up in Argentina, Peru and Brazil....
Argentina overcomes mining roadblocks, plans project expansions |
After producing 20.6 million ounces of silver in 2010, Argentina has secured its place as the 10th highest silver-producing country in the world. But in order for the country to fully realize its potential in the mining and metals sector, a few challenges must first be faced. ...
Tanzania to expand uranium mining and metals industry |
Tanzania is currently working to create a world-class uranium mine on the Selous Game Reserve in Namtumbo District, which government officials are betting will propel the country forward to become a leading producer of the metal. ...
Mining and metals industry shows good prospects around the world |
Although economic uncertainty remains in global markets, the mining and metals industries around the world are showing positive growth and development potential as international investments pick up, China Daily reports. ...
Mongolia mining inches closer to massive resource boom |
In the middle of the dry, frozen tundra of the Gobi Desert in Mongolia lies the Tavan Tolgoi mine, which is showing signs of life as miners begin to extract coal from the first 70-meter dig. ...
Platinum miners improve production in South Africa |
As advancements in mining methods become more widespread and investments within the region grow, South Africa and surrounding areas are set to increase platinum mining production, Mining Weekly reports. ...
New report shows Russian diamond mining and metals industry to gleam |
Russia, the world's number one supplier of rough diamonds and home to several international mining companies, is expected to reach diamond mining revenues of $5.74 billion by 2015, according to a recent report from Frost & Sullivan. ...
Mozambique to boost coking coal production by 2015 |
With several mining operations under construction and in feasibility stages, Mozambique is headed toward a coking coal mining boom that will lift production significantly, Mining Weekly reports. ...
Colombia to expand coal exports |
Colombia, the fifth-highest coal-exporting country in the world, plans to ramp up its exports another 33 percent to reach 100 million tons a year by 2015, according to the country's new mining and energy minister Mauricio Cardenas. ...
Peruvian mine reports no setbacks after community protests |
The largest mining project in Peru has announced that no major setbacks are expected after the development of the mine was slightly disrupted from community protests, NASDAQ reports. ...
Australia sees mining investment surge |
Despite global economic concerns and newly proposed taxes on iron-ore and coal mining profits, investment in Australia's mining and metals industry is expected to grow to more than 80 billion Australian dollars by 2015, according to a new report. ...
Arizona copper mine approved by U.S. House of Representatives |
A federal land swap was approved by the House on Wednesday, October 26, which will allow a subsidiary of Rio Tinto to construct the largest copper mine in North America, The Associated Press reports. ...

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