Cecilia Jamasmie , Senior Editor

New lawsuit to reverse Grand Canyon uranium mining ban

Canadian mining company Quaterra Alaska and county supervisors in northern Arizona have filed a lawsuit against the US government, aiming to reverse a federal 20-year closure of one million acres of uranium-rich public lands located near the Grand Canyon.

Cecilia Jamasmie | April 19, 2012 | 5:28 pm

Pink diamond sold for $15 million sets US record

A rare nine-carat pink diamond ring belonging to philanthropist and heiress, Huguette Clark, sold for $15 million at a Christie's auction.

Cecilia Jamasmie | April 19, 2012 | 4:57 pm

British government urges Anglo American and Codelco to reach amicable resolution

Chile's state-owned mining company Codelco, the world's largest copper producer London-based Anglo American (LSE: AAL) should try reaching a negotiated solution to the ongoing dispute about Codelco’s stake in Anglo’s Sur unit, said British ambassador to Chile, Jon Benjamin.

Cecilia Jamasmie | April 19, 2012 | 2:51 pm

Brazil’s aluminum output went up 3.7% in March

Brazil's aluminum output in March went up 3.7% to 125,000 tonnes, according to the national aluminum association, Abal.

Cecilia Jamasmie | April 19, 2012 | 2:13 pm

Anglo American Platinum output falls 24%

The world’s largest refined platinum producer Anglo American Platinum (Amplats, AGPPY) says it will hit its full-year production target for 2012, despite a severe fall in production in the first quarter of this year.

Cecilia Jamasmie | April 19, 2012 | 1:51 pm

Legendary mining financier Robert Friedland quits Ivanhoe in Rio Tinto shake-up

Anglo-Australian mining giant Rio Tinto tightened its grip on Ivanhoe Mines as part of a $3.3 billion financing deal announced this morning, leading to the resignation of chief executive and founder Robert Friedland.

Cecilia Jamasmie | April 18, 2012 | 3:57 pm

Fresnillo’s silver production in line, while gold exceeds expectations

Precious metals miner Fresnillo (LON:FRES), the largest silver producer, reported its first-quarter silver production was in line with expectations, while it said higher-than-expected gold output, owing to the start up of its new Noche Buena mine.

Cecilia Jamasmie | April 18, 2012 | 3:26 pm

Peru’s decision on Newmont’s $4.8 billion Conga mine independent of any study: Government

The team of three international environmental consultants hired by Peru’s government has recommended significant changes to Newmont’s hindered $4.8 billion copper-gold project, the Conga mine. But the government is saying its final decision won’t be determined solely by this or any study.

Cecilia Jamasmie | April 18, 2012 | 2:36 pm

Lynas putting Malaysian opposition to its operations behind it: analysts

Australian analysts from Foster Stockbroking say confidence in rare earths miner Lynas Corporation (ASX:LYC) is returning after the Malaysian High Court dismissed an appeal against the company's Advanced Materials Plant (LAMP).

Cecilia Jamasmie | April 18, 2012 | 1:49 pm

Final report on Newmont’s $4.8 billion Conga gold project delivered to Peru’s Government

The long-awaited and twice-postponed report from international experts on the environmental impact study (EIS) for Newmont and Buenaventura’s US$4.8 billion copper-gold project, the Conga mine, is finally in the Peruvian government’s hands.

Cecilia Jamasmie | April 17, 2012 | 6:48 pm

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