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A stockpile at BHP Billiton's Illawarra metallurgical coal-mining complex in New South Wales, Australia. Illawarra will be part of the South32 spinoff. Credit: BHP Billiton

BHP spinoff South32 to launch in mid-2015

BHP Billiton’s (LSE: BLT) spinoff company will be named South32, a nod to the location of its assets  in the southern hemisphere and a more cryptic salute to the location of its main offices in Australia and South Africa.


The carbon-in-leach and detox circuts under construction in October 2014 at Aureus Mining's New Liberty gold project in Liberia. Credit: Aureus Mining

Aureus Mining ‘not a one-horse show’

Aureus Mining (TSX: AUE; LSE: AUE) has doubled the size of the aggregate resource at its Ndablama deposit in Liberia, just 40 km northeast of where the company is building its flagship New Liberty gold mine.


David Palmer (left), president and CEO of Probe Mines, is the winner of this year's Bill Dennis Award for a Canadian mineral discovery or prospecting success. Matt Manson (right), president and CEO of Stornoway Diamonds, is the winner of this year's Viola R. MacMillan Award for company or mine development.

PDAC announces 2015 award recipients

The Prospectors & Developers Association of Canada (PDAC) has named the six winners of it annual awards. The recipients will be feted during the annual PDAC convention at an evening gala on March 2, 2015, in Toronto.




GoviEx Uranium's Madaouela uranium project in Niger. Credit: GoviEx Uranium

GoviEx pitches Madaouela uranium project in Niger

Before listing on the Canadian Securities Exchange in June, the small corporate team at GoviEx Uranium (CSE: GXU) raised over $100 million privately to advance their Madaouela uranium project in Niger.



Material on a conveyor at Aurcana's La Negra silver mine in Mexico's Queretaro state, 180 km north of Mexico City. Credit: Aurcana

Aurcana improves operations at La Negra

VANCOUVER — It’s all about boosting near-term liquidity for silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) as it grapples with a high debt load and falling metal prices. On Dec. 1 the company released its…





A surveyor measures a coal stockpile at Anglo American's Greenside thermal coal mine in South Africa. Credit: Anglo American

Miners struggle to adapt to lower coal prices

Thermal coal prices recently touched a five-and-a-half-year low of US$62.25 per tonne, and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.


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