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Khumama arbitration to run into November – Mvela

JOHANNESBURG (miningweekly.com) – The arbitration process between JSE-listed Mvelaphanda Resources and former shareholders of Khumama Platinum over a contractual dispute, would now continue to November.In May, the group said that it was confident thatread more »

Vedanta defends human rights record after protests

LONDON - India-focused defended its human rights record on Wednesday at a shareholders' meeting where some fund managers joined pressure groups to protest over its plans to build a bauxite mine in an area sacred to indigenous people. London-listedread more »

MEG Energy cuts IPO target range to about C$780 mln

Cuts number of shares on offer to 20 mln from 23 mln * Proceeds to expand Christina Lake oil sands project TORONTO, July 28 - Oil sands producer MEG Energy Corp has cut the target price for an initial public offering by about 17 percent as it seeks toread more »

Grootvlei gold mine will flood in five days – Dept

JOHANNESBURG – The water treatment plant at the Grootvlei mine near Springs will flood with acid mine water in five days, closing down operations, if action is not taken, the Water Affairs Department said on Tuesday. "The plant is only pumping 40read more »

NEWS | New York, U.S.A.Patriot Coal Corp.is seeing operating costs rise as regulators step up efforts following the worst U.S. mine disaster in four decades. read more »
Commodity Spot Charts
MineWebin parternship withInfoMine
Wed, 28 Jul 2010
Lundin Mining Q2 net income boosted by sale of stake in Chariot but operating profits down on lower metals sales and higher costs
Wed, 28 Jul 2010
Mining accidents are costly in terms of lost production, government safety sanctions and higher commodity prices with China by far the most affected.
Wed, 28 Jul 2010
Zambia's biggest miners union sees Vale as unwelcome investor and says it plans to block its $400 million Konkola North copper mine plans.
Wed, 28 Jul 2010
Short selling ahead of the August options expiry date seems to have contributed to a nearly 2% sell off in gold yesterday before the price steadied at the $1,160 level
Wed, 28 Jul 2010
Continued debt concerns and booming demand from China is likely to further bolster investment demand but, there is potential to see casino-level pricing
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Mining Field: Explosives and Drilling Area: Blastholes (Rule#442)
The "subdrill" (over-drill) for blastholes in open pits is 0.3 times the burden in hard rock and 0.2 times the burden in medium/soft rock. read more »



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