DIVERSIFIED and specialist chemical services group Omnia, which yesterday posted a 30% increase in headline earnings per share to 724,5c for the year ended March, said there was significant potential for its mining division to expand into Africa.
CEO Rod Humphris said: “We remain particularly bullish on prospects for coal and uranium mining as a host [...]
Downer EDI Limited today announced that the company’s Mining Division, Downer EDI Mining, has signed long-term contracts with Peabody Pacific Pty Limited (Peabody) for its Millennium and Wambo open cut coal mining projects.
This follows the announcement on 21 December 2007 that Peabody had selected Downer EDI Mining as the preferred tenderer for these projects.
With a [...]
Armed Fijian troops have taken over a failed gold mine owned by an Australian-listed company after some 1,600 local workers were sacked.
Emperor Mines, which owns the Vatukoula mine in Fiji’s west, said armed troops arrived at the site over the weekend, demanding keys and access to critical infrastructure.
The mine - previously Fiji’s largest private employer [...]
Mining coal in a prospective area north of Canton and east of Brereton may create 40 good-paying jobs and spin off up to 200 more jobs in support of the operation. To move the proposal forward, environmental issues must be addressed and satisfied.
One issue of concern is the watershed for Canton Lake. Most of the [...]
President Evo Morales fired two top mining officials late Friday after a clash between rival bands of miners over access to the country’s richest tin deposit left at least 16 dead and more than 60 injured.
Reports of a halt to the fighting came after the government sent 700 police to control the mountainside where the [...]
Metro Gold Mines Mineral Resources, Inc. (Pink Sheets: MGMX) finds itself in an odd position. The Company’s shares trade on the Pink Sheets, yet Pink Sheets refuses to publish quotes for the Company’s stock. This is how Pink Sheets puts it:
Pink Sheets believes adequate current information must be publicly [...]
