Cecilia Jamasmie , Senior Editor

Aquarius Platinum and Impala face Zimbabwe’s rejection to sell-off plans

Shares in Aquarius Platinum Ltd. (LON, ASX: AQP), the fourth- largest producer of the metal, dropped 11% this morning in Johannesburg, the deepest decline since October 2008, after the company announced that Zimbabwe has rejected a joint proposal with Impala Platinum Holdings Ltd. (PINK:IMPUY) to meet local ownership rules.

Cecilia Jamasmie | February 24, 2012 | 1:30 pm

Centerra Gold announces $1 billion revenue milestone

Canadian gold company Centerra Gold’s shares were up over 2% this morning as the company reported a $1 billion revenue milestone in 2011.

Cecilia Jamasmie | February 24, 2012 | 1:57 am

EU hesitates to qualify Canada’s oil sands as more polluting than crude

In the midst of intense lobbying from Canada, a committee of the European Union Parliament blocked passage of a proposed fuel quality directive that would label Canada’s oil sands as a more carbon-intensive source of oil than conventional crude

Cecilia Jamasmie | February 23, 2012 | 3:44 pm

Thousands strike again at Freeport’s mine in Indonesia

Thousands of workers at Freeport-McMoRan Copper & Gold Inc's (NYSE:FCX) Indonesia unit stopped working on Thursday following an unsettled ongoing dispute with the organization, reports Reuters.

Cecilia Jamasmie | February 23, 2012 | 3:09 pm

New Brunswick is the new world’s top mining jurisdiction

Eastern Canada’s New Brunswick claimed the top spot at the world’s most attractive jurisdiction for mineral exploration and development list, released by the Fraser Institute today.

Cecilia Jamasmie | February 23, 2012 | 11:00 am

Energy inefficiencies jeopardizing Peru’s mining future

Lack of investment and long-term planning in the Peruvian electrical system are threatening to wreck billionaire mining projects, considered key to the economic growth of the country, reports today one of the major local newspaper.

Cecilia Jamasmie | February 22, 2012 | 6:15 pm

NovaGold on its way to sell Galore Creek stake

Canadian miner NovaGold Resources Inc. (TSX:NG) said today that it has begun the process of trying to sell its 50% stake in the Galore Creek copper-gold project in British Columbia, in order to fully focus on its flagship Donlin gold project in Alaska, in a stament announcing its poor Q4 results.

Cecilia Jamasmie | February 22, 2012 | 5:03 pm

Mining and Energy stocks back Canadian and American markets

Stocks struggle Wednesday morning as risk trades were daunted by dreary economic activity figures on both sides of the globe and the Greek post-deal aftermath.

Cecilia Jamasmie | February 22, 2012 | 4:23 pm

BHP gets $US5.25billion in five-part bond deal

Despite persisting tightness in global money markets, mining multinational BHP Billiton (NYSE:BHP) has raised the third-biggest amount this year, selling a $5.25-billion five-part global bond to the US securities market.

Cecilia Jamasmie | February 22, 2012 | 4:06 pm

Concerned Canadian unions say BC government is leaving coal in China’s hands

In unveiling Canada’s British Columbia’s job-creation strategy last September, the Premier Christy Clark said the government planed to capitalize on high demand for minerals, especially in Asia, by opening up eight new mines in the next four years and expanding nine more by 2015.

Cecilia Jamasmie | February 21, 2012 | 3:06 pm

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