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Thai entrepreneur wants to take bug snacks into ‘high society’

Posted February 27th 2015 at 3:27 pm

Street vendors selling deep-fried insects as snacks are a familiar sight in Bangkok, but a Thai entrepreneur is trying to give edible bugs a more upmarket appeal.

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In pictures: Upmarket bug snacks to creep into Thai store shelves

Posted February 27th 2015 at 3:27 pm

Street vendors selling deep-fried insects as snacks are a familiar sight in Bangkok, but a Thai entrepreneur is trying to give edible bugs a more upmarket appeal.

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Why I quit my own business to work for someone else

Posted February 27th 2015 at 10:00 am

Two years ago I quit my own business to work for someone else, and it was the best decision I’ve ever made.

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The most common mistakes made by first-time franchisors

Posted February 27th 2015 at 10:00 am

If you’re a new or aspiring franchisor, try to avoid the following

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Implats will not be cutting jobs

Posted February 27th 2015 at 9:15 am

Following Impala Platinum’s announcement that the miner will revamp its Rustenburg mines to boost productivity, the chief executive has reassured that staffing levels will stay the same. At an interim […]

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Glencore plans to cut coal exports

Posted February 27th 2015 at 7:50 am

Glencore has said it plans to cut coal exports from its Australian mines by about 15% in 2015 to ensure the mines remain profitable as coal prices languish near 5-1/2 […]

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Troy's higher gold output results in more revenue

Posted February 27th 2015 at 7:19 am

ASX- and TSX-listed gold miner Troy Resources has reported a 22% increase in revenues for the half-year ended December, on the back of a higher gold output. The miner on Friday reported that gold equivalent production during the interim period reached 65 014 oz, compared with the 60 334 oz produced in the first half of 2014. The Casposo underground mine, in Argentina, delivered higher output.

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Rio Tinto simplifies business to further lower costs

Posted February 27th 2015 at 6:47 am

Diversified giant Rio Tinto on Friday announced that it would streamline its business, condensing its assets into four product groups namely; aluminium, copper and coal, diamonds and minerals, and iron-ore. The miner said that the new copper and coal product group would bring Rio’s coal operations alongside the existing copper portfolio, with copper CEO Jean-Sébastien Jacques leading the combined product group.

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Australian iron-ore juniors hurting, some majors reviewing expenditure plans as prices slump

Posted February 27th 2015 at 6:00 am

The recent free fall in the iron-ore price to its lowest level in six years has struck a deathblow to a number of Australian juniors operating in the sector, while the majors have been forced to cut back costs. Commodity analyst Wood Mackenzie (WoodMac) blamed the lagging commodity price on a decline in demand from the Chinese steel mills during 2014, which unfortunately, coincided with a massive upsurge in global iron production.

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Sibanye Gold not keen on Marula

Posted February 27th 2015 at 5:45 am

Sibanye Gold, which has said it wants to expand into platinum, said on Thursday it was not interested in Impala Platinum’s Marula mine. Implats earlier (Thursday)  announced its intention to […]

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Colombian mining tax regime counterproductive to investment, profit

Posted February 26th 2015 at 11:03 pm

The Colombian mining tax regime has imposed a significantly high tax burden on marginal investments in mining, discriminated across minerals and was counterproductive to project profitability, pointing to a need to improve the country's mining tax regime. This was according to a report released on Thursday by researchers from the Universidad de los Andes, in Colombia, and the School of Public Policy at the University of Calgary, in Canada.

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Aus explorer exercises option to acquire two US projects

Posted February 26th 2015 at 10:23 pm

Australian explorer Carnavale Resources has exercised an option to acquire private firm Tojo Minerals, which has the rights to the Red Hills project, in Nevada, and the Little Butte project, in Arizona. Perth, Australia-based Carnavale said in a statement that it would move to immediately ramp-up exploration activities at both projects.

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PDAC: How payment transparency helps gain a social licence to operate

Posted February 26th 2015 at 9:25 pm

Corporate social responsibility is front-and-centre at this year's Prospectors and Developers of Canada meeting. One not to be missed session about the ideas that will shape the future of CSR will be held Monday, March 2 from 3:30 to 5:00 pm in...

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PALLADIUM: NAP looks to expand pit, lengthen life of Lac-des-Iles

Posted February 26th 2015 at 9:23 pm

ONTARIO – North American Palladium of Toronto has completed a preliminary economic assessment aimed at extending the life of its Lac des Iles (LDI) palladium mine 85 km northwest of Thunder Bay. The base case, including current operations...

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GOLD: Anaconda drilling at Pine Cove increases potential

Posted February 26th 2015 at 9:21 pm

NEWFOUNDLAND – Toronto-based Anaconda Mining recently concluded a 10 hole program at its Pine Cove gold mine near Baie Verte and accomplished three things: 1) find additional resources to extend the life of the open pit; 2) reduce the...

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DRILLING: Boart Longyear hits large diameter target at Wyoming coal mine

Posted February 26th 2015 at 9:19 pm

SALT LAKE CITY, Utah – A Boart Longyear drilling team rose to the challenge as it bore down into the earth to create a ventilation shaft for an underground longwall coal mine in Southwest Wyoming.

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OFF-ROAD WASH: MobyDick system removes dirt in minutes

Posted February 26th 2015 at 9:15 pm

SWITZERLAND – Raw materials have been extracted from Rio Tinto's Boron mine (the world’s largest borax mine) in California for almost 100 years. Because management was increasingly faced with the problem of the extreme dirt on...

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MINING PEOPLE: AEMERA, Aumund Fordertechnik, Pan American Silver, and St Andrew Goldfields

Posted February 26th 2015 at 9:13 pm

The Alberta Environmental Monitoring, Evaluation and Reporting Agency (AEMERA) of Edmonton has invited six international recognized experts to create a science advisory panel. They are Dr. Jill Baron (chair), Dr. John Giesy, Dr. Joanne...

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Otterburn's K92 picks up Barrick's Kainantu mine

Posted February 26th 2015 at 9:11 pm

Measures taken by Barrick Gold (TSX: ABX; NYSE: ABX) to divest non-core assets, chip away at debt and focus on five cornerstone mines in the Americas are benefiting juniors like Otterburn Resources (TSXV: OBN).

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New Caledonia: Nickel – Market Insights – by Robert Trzebski (Australian Mining – Febraury 26, 2015)

Posted February 26th 2015 at 7:35 pm

http://www.miningaustralia.com.au/home There are currently three key players in the nickel sector over in New Caledonia. French-owned ERAMET has been present in the country for over 120 years now and operate mines in New Caledonia through their subsidiary, SLN (Société Le Nickel). They have in total five operations, which are mostly concentrated in the centre of […]

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