Mining and Metals News

Rousseff proposes new regulatory framework for Brazil mining

President Dilma Rousseff has proposed a new regulatory framework for mining in Brazil, one of the world's biggest producers of iron, bauxite, gold, nickel, manganese and other minerals. Rousseff said her plan calls for a new government agency that would regulate mining activity and create a new concessions regime. The new concessions "will run for 40 years, extendable for another 20", and the ...
How to survive Australia’s Metals Market Correction

Petra Capital's Andrew Richards believes that, while Australian miners have been hard hit, the country's sector is turning a corner. An interview with The Metals ...
Congo-Kinshasa Chinese Mining Industry Contributes to Abuses in Democratic Republic of the Congo

Chinese mining companies operating in the Democratic Republic of the Congo (DRC) need to do more to prevent their operations from leading to human rights abuses, Amnesty International warned today in a new report. Profits and Loss: Mining and human rights in Katanga, examines the impact of the mining industry in south-eastern DRC. The report documents a number of serious abuses involving local ...
Minergy outlines new Botswana coal project

JOHANNESBURG (miningweekly.com) – Exploration company Minergy Limited has outlined a new coal project in the Mmamabula coalfield in Botswana. Executive ...
Brazils mining royalty increase will hurt companies - Vale CEO

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The Godfather Part III [DVD]

"The Godfather ... is the first completely authentic modern myth in American cinema ..." Jake Horsley, The Blood Poets: A Cinema of Savagery, 1958-1999 ...

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Metals Stocks Gold extends losses as Bernanke update nears

LOS ANGELES (MarketWatch) -- Gold futures fell Wednesday, remaining near one-month lows as the market braced for possible indication by the U.S. Federal Reserve that it will pull back the pace of monetary ...
Earthquake Halts Mining in Russian Coal Heartland

NOVOKUZNETSK, June 19 (RIA Novosti) – A moderate earthquake struck southwest Siberia's Kemerovo Region, one of the country's coal mining heartlands early on Wednesday, local officials said, temporarily bringing underground coal production to a standstill. Regional Governor Aman Tuleyev has ordered all work at underground mines in the Kemerovo Region, part of Russia’s ...
Coalspur Mines Limited - Board approves Vista project with development capital of C$458M for 6 Mtpa capacity

Board-approved development plan will deliver a 6 Mtpa clean coal capacity operation in one stage for C$458M, a capital efficiency of C$76 per tonne of capacity Significant improvement over the prior plan which called for a two-stage development to 6 Mtpa, for a cost of C$655M Competitive and robust process with globally recognised EPC contractors resulted in an optimised project and ...
Getting to know graphite an interview with Vancouver-based Valterra Resource Corp.

Graphite has been called 'the future' and 'a must own stock' for its unique strength and conductivity, for its potential use in high-end electronics, aviation and ...
Delayed decision on drilling at parks risks losing Allegheny County millions County Executive Fitzgerald says

Allegheny County leaders must decide soon whether to allow natural gas drilling at Deer Lakes Park or risk losing a chance to make millions, County Executive Rich Fitzgerald said on ...

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Reported in the press

Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.

Hassan Rouhani

Iran's president-elect was speaking after his historic election victory.

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The Helmsley Park Lane, New York

The best feature of this hotel is its location, overlooking Central Park in the heart of Manhattan. The hotel also ...

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Featured Story

Why we crave things we should not

A new study from the University of British Columbia has shed light on how people become obsessed with forbidden pleasures.

The study showed that when people are forbidden from something, it takes on a new level of focus.

"Our findings show that when individuals are forbidden from everyday objects, our minds and brains pay more attention to them," said lead author Grace Truong, a graduate student in UBC's Dept. of Psychology.

"Our brains give forbidden objects the same level of attention as our own personal possessions," Truong added.

The study's most important finding, though, is that obsession is not as strong if others are also denied: when an object is forbidden to a group, the allure of the object drops dramatically.

This helps to explain why group diet techniques such as Weight Watchers can be more successful than dieting alone. It also offers important insights for compulsive hoarding and parents seeking to help their children's attachment to toys and other possessions.

For the study, groups of participants were shown images of everyday objects and told the objects were either theirs, someone else's, forbidden to them or forbidden to everyone. Using electronic brain imaging and memory tests, researchers found the forbidden objects were recognized as well as self-owned objects. ...