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  • Big undersea quake off Russia

    An 8.2-magnitude earthquake under the Sea of Okhotsk was recorded early Friday, the US Geological Survey said. The temblor was at a depth of 601.80 km, reported Xinhua. The epicentre was located nearly 360 km southwest of Esso, a town in Russia's Kamchatka Krai region. The West Coast and Alaska Tsunami Warning Center of the US said in a statement that no tsunami is expected due to the depth ...

  • Top 10 newly discovered species revealed

    A global committee of taxonomists - scientists responsible for species exploration and classification - has announced a list of top 10 new species discovered in 2012. An amazing glow-in-the-dark cockroach, a harp-shaped carnivorous sponge and the smallest vertebrate on Earth are just three of the newly discovered top 10 species selected by the International Institute for Species Exploration at ...

  • Tribals in Niyamgiri demonstrate against Bauxite mining

    More than 3000 tribals assembled in Muniguda village of Rayagada district on Wednesday (May 22), to protest against mining in the Niyamgiri hills. The Supreme Court had recently suggested that there was need to seek the opinion of local tribals before mining as it did not want any damage to be caused to the environment. The mining project has also been opposed by the rights groups. The Gram ...

  • Global manufacturing slowdown to grind metals prices

    A worker wearing protective glasses welds steel products at a heavy equipment manufacturing factory in Luoyang, Henan province May 1, 2013. (China ...

  • Petroceltic abandons exploration well off Bulgaria

    Petroceltic International has said it would abandon an exploration well off the Bulgarian coast that failed to yield enough gas to justify commercial production. The Kamchia-1 exploration well is part of the Galata exploration concession in the Black Sea. The well reached a total depth of 2,887 feet and encountered 56 feet of carbonate sands with sub-commercial gas saturations, the oil and gas ...

Movie Review

Deep Red (Profondo rosso) [Blu-Ray]

Deep Red (Profondo rosso) [Blu-Ray]

Deep Red (Profondo rosso) was Dario Argentos transition film, the bridge between his earlier trilogy of giallo films (Italian murder mysteries) and his later output of supernatural horror. It is also one of his best films, as it prefigures some of the elaborate stylistic devices t ... ...

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  • Gold Fields names adviser for Kyrgyzstan project review

    JOHANNESBURG (miningweekly.com)– JSE-, NYSE- and Nasdaq-listed Gold Fields has appointed investment banking group Jefferies International as exclusive financial adviser in the review of "potential strategic alternatives" for the Talas copper and gold project, in Kyrgyzstan. The review would examine and consider opportunities available to the company, with the objective of ...

  • Technical challenges costs limit shale gas’ global impact

    PERTH (miningweekly.com) – Despite the resources sector’s optimism, shale gas was expected to remain a largely regional resource over the next three years, with an uncertain global impact as a result of the increased technical challenges and higher development costs of the resource, advisory firm Deloitte predicted this week in its global Oil and Gas Reality Check 2013 report. ...

  • Australia extends helping hand to resource countries

    PERTH (miningweekly.com) – Federal Resources Minister Gary Gray this week released an assessment of how Australia could assist other countries to sustainably develop their mineral and energy resources. A report by Geoscience Australia details the known mineral and energy resources of 138 developing countries, along with insights into other factors that could influence investment such as ...

  • KBL outlines cost reduction plan

    PERTH (miningweekly.com) – Metals miner KBL Mining on Friday said that it was undertaking a number of cost cutting measures, including reducing staff, in light of recent market volatility. The miner also announced that it was looking at selling equity stakes in its gold producing Mineral Hill mine and its developing Sorby Hills project. KBL told shareholders that since commissioning ...

  • Mining sector to continue facing price currency pressures

    PERTH (miningweekly.com) – The mining industry would remain under pressure from unprecedented price and currency volatility for the next few years, as the sector approached demand/supply equilibrium, advisory firm Ernst & Young (E&Y) reported on Friday. In a white paper released to the market, E&Y noted that demand for most commodities had outstripped supply for the best ...

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