The chief executive of Yamana Gold Inc.(TSX:YRI) says success at the El Penon mine in Chile and high gold prices will lead to stronger financial results in the coming months following a better-than-expected first quarter. read more »
Centerra Gold Inc.'s (TSX:CG) chief executive says he believes the company is finally close to receiving all the necessary approvals for its Kumtor mine after months of "disappointing" delays. read more »
Greg Wilkins, on leave as chief executive of Barrick Gold Corp. (TSX:ABX) for health reasons, still delivered an upbeat message to shareholders Tuesday, saying demand from emerging markets and lack of new mines will keep gold prices high. read more »
Two major Asian groups will make significant investments in Australian metals miners, the latest in a series of deals highlighting ongoing foreign interest in Australia's mineral resources. read more »
Taxpayers will subsidise the fuel bill of mining giant BHP Billiton by more than $100 million to help it work the world's largest uranium deposit, a conservation group claims. read more »
Power lines in the Katanga Province of the Democratic Republic of Congo have been fixed, and power consumption restrictions on mining companies have been lifted.
In 2000 Kambalda as the nation’s nickel mining heart was unloved and looking at perhaps a decade of life ahead providing the nickel price improved. The pathfinder company that restarted mines on the Kambalda and Widgiemooltha domes has painted a powerful picture for the next 20 years.
Mark Bristow, CEO of Randgold Resources gives his views on how mining companies operating in Africa should behave with respect to their host countries in building a sustainable industry therein, thus bringing untold benefits to some of the poorest nations on earth. This presentation was made initially to the Global Capital African Mining Forum in London on May 8th.
Mining Field: Drum HoistsArea: Hoist Drums (Rule#235)
The flanges on hoist drums must project either twice the rope diameter or 2 inches (whichever is greater) beyond the last layer of rope.
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