Canada injects $300m in Chile’s copper giant Codelco
The world’s biggest copper producer will, in turn, procure goods and services from Canadian companies.
Cecilia Jamasmie , Editor-in-Chief
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Canadian mergers picking up: New Gold buys Bayfield
Transaction is worth around $15 million.
Gold down again, some miners selling at loss
Friday’s rally was just a brief break for the precious metal.
Yanzhou Coal injects $2.8bn into troubled Australian unit
In an attempt to keep Yancoal afloat as coal prices trade near multi-year lows.
Rio Tinto’s $5.4bn Oyu Tolgoi expansion in limbo once again
Mine operator and Rio's subsidiary Turquoise Hill said Monday they have made an offer to the government of Mongolia to resolve matters in a manner deemed "beneficial to all stakeholders.”
Swiss UBS faces fine over alleged precious metals trading wrongdoing
The bank, which is the world’s largest private lender, is also expected to announce an agreement regarding alleged collusion and manipulation in the foreign exchange market.
BHP closer to unveiling details of upcoming spin-off
The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.
Zimbabwe mulls ending tax on diamonds
As part of a set of planned measures to stimulate production and attract investment in the sector.
Mining suppliers create more jobs than mining, report says
The sector created 40,960 direct and 27,471 indirect jobs in 2011, paying $4.6 billion in salaries.
Apple’s new 18k gold watch may wipe out your bank account
Not quite, but it would cost you between $4,000 and $5,000.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
