May 13, 2011 Northern Freegold announces $8 million private placement Northern Freegold Resources announced that it intends to complete a non-brokered private placement of up to 22,857,142 units at a price of $0.35 per unit, for gross proceeds of up…
May 13, 2011 United States Magnetic Materials Association: Defense bill calls for a competitive, multi-source rare earth inventory plan The United States Magnetic Materials Association (“USMMA”), a trade association dedicated to restoring a competitive, secure, end-to-end rare earth supply chain to support the domestic manufacturing of rare earth permanent…
May 13, 2011 Errant Indian diamond exporters to face the heat In a move meant to curtail fake diamond exports and the round tripping of funds and diamonds indulged in by some nefarious diamond merchants, India's central bank, the Reserve Bank…
May 13, 2011 A fragile South African iron ore story ArcelorMittal South Africa (AMSA), a subsidiary of ArcelorMittal, the world's biggest steelmaker, this week announced an agreement which may see the acquisition of an iron ore "resource" in the Northern…
May 13, 2011 How gold purchase by Central Banks affects supply metrics The Chinese mining sector is currently producing 340 tonnes of gold a year and rising. No doubt there is every encouragement from the State for this figure to rise. We…
May 13, 2011 Strong gold and PGM revenues see Franco-Nevada Q1 net income up 157% Franco Nevada reported an adjusted net income of US$21.4 million or 18-cents per share for the first quarter, a 157% increase over the adjusted net income of US$8.3 million or…
May 13, 2011 Slide in silver prices could be short-lived – Dillon Gage Silver's drop could be only temporary after prices retreated from a 31-year high reached in late April as traders watched crude oil values decline. Prior to that, silver was a…
May 13, 2011 Silver set to shine again in India The relentless slide in silver prices has been termed a temporary aberration by silver producers in India, who insist that since silver […]
May 13, 2011 Newmont offers Ghanaian students mining apprenticeship program The Chronicle reports that 45 Ghanaian students have been offered a four-year apprenticeship program with Newmont Akyem. The apprenticeships will be undergone in the US, Ghana or South Africa. These…
May 13, 2011 Copper miner KGHM almost triples Q1 profits Europe's No.2 copper producer KGHM (KGHM.WA) nearly tripled its net profit in the first quarter, beating expectations thanks to a rally in metal prices. Poland's state-controlled miner said on Friday…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am