The steep, last minute metal concentrate tax slapped on copper miners has brought exports to a standstill.
Analysts said Baja is done.
The pros and cons of extraction from the seabed.
Another African nation has fallen victim of belt-tightening at the world's number one miner.
More stringent environmental enforcement and a shift of resources to regions.
Baja Mining Corp. is pleased to announce that it has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. , which is now controlled by members of the Korean Consortium, that a portion of MMB's 2010 project financing facilities provided by the Export-Import Bank of the United State to MMB has been renegotiated.
Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects of South Africa’s mining strikes on the company's mining operations and on the wider economy.
Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.
Worm composts are not just for kitchen waste, since the bugs also happen to be good at absorbing heavy metals, according to a study by the International Journal of Environment and Waste Management. An earthworm vermicompost is effective at removing …
The JVs dates back to October 2009 and AngloGold spent approximately $5.7 million on exploration at Ndjole-Mevang and $3 million at Ogooue.
Jupiter Mines, headed by former BHP Billiton chief Brian Gilbertson, has announced plans to raise AUD$125 million for the expansion of South African and Western Australian resource projects.
A UK Labour MP has moved an “early day motion” in the House of Commons seeking a debate on mining in the Indian state of Goa, calling upon the British government to urge local authorities to address the issue as a matter of urgency.
This year could be the best for manganese producers, the 4th most traded metal in the world, according to Visual Capitalist.
The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.
Peter Koven at the National Post looks at the Vancouver-based DeepGreen Resources, a private company that just signed 50% off-take agreement with mining giant Glencore International.
Troubled Vancouver miner, Baja Mining (TSE:BAJ), said that it laid off 40% of its staff to conserve cash and admitted that there is "no assurance" that it will find funding to complete its Boleo project, a $1.143 billion copper-cobalt-zinc project in Mexico.
China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.
BHP Billiton (NYSE:BHP) surprised the market this morning with good news by announcing it will restart its TEMCO manganese operations in Tasmania by the end of August.
Indonesia, Southeast Asia’s largest economy, will proceed with a plan to ban exports of unprocessed metal ores including bauxite from next month, while confirming an exemption for producers that intend to treat output locally.
aja Mining Corp. (TSX:BAJ)(OTCQX:BAJFF) today announced that it has filed and is mailing a third and final letter to shareholders regarding the proxy contest initiated by dissident Mount Kellett Master Fund II A L.P. Baja has scheduled a vote to take place at a special meeting of shareholders on April 3, 2012 and urges shareholders to vote the GOLD proxy against Mount Kellett.
BHP Billiton has announced its intention to temporarily suspend production at TEMCO, its manganese alloy production facility located in George Town, Tasmania, by early to mid March 2012.
Guyana hopes to start exporting manganese ore for the first time in 50 years following the discovery of the mineral in the country's northwest, government officials said Saturday.
This year could be the best for manganese producers, particularly for Asian countries, as the "Manganese: Global industry markets and outlook, 2012," released today suggests.
Western Australian minerals exploration company Hannans Reward Limited has commenced a combined RC and Diamond drilling program at its 3,000 square kilometer Jigalong project in the South East Pilbara region of Western Australia.
China said on Wednesday that it would appeal against a World Trade Organisation ruling that it illegally restricted exports of certain rare and speciality metals and minerals including bauxite, coking coal, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus and zinc.
The United States, European Union and Mexico argued that the minerals are key inputs for numerous industries and any cut in supplies could lead to sharp spikes in world prices. The complainants fear a similar situation to rare earths where the price of certain elements have tripled thanks to export cuts and China's virtual monopoly on production.
Centaurus Metals has positioned itself to expand the company's manganese exploration portfolio by entering into an option to acquire a project located in south eastern Brazil.
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