Glencore Xstrata up on first day of trading after merger
The newly combined company’s stock price rose over 4%
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Guatemala declares state of emergency over anti-mining riots
Protesters are up in arms against Tahoe Resources' Escobal flagship project.
World’s most valuable gold miner Goldcorp posts sharp profit drop
But it said it has developed a “contingency plan” to defer capital spending if conditions in the gold market require it.
More than 60 Sudanese gold miners killed in well collapse
Gold has become a key commodity for Sudan since the oil-rich south seceded nearly two years ago.
Italy should use gold-backed bonds as an alternative to austerity: WGC
The strategy would be a more remedial answer for countries facing financial challenges than outright gold reserve sales, says the organization.
Uranium miner Cameco profit dives 93%
While a decline in profit was expected, Cameco’s figures were beyond analysts’ estimates.
Collapse of equipment makers adds fresh evidence the mining boom is over
Analyst warns that major mining companies’ current focus on returns will reduce supply growth and lead to higher commodity prices.
Arizona to be second state in the US to legally accept gold, silver as tender
The law, however, would not force businesses to accept either of them as a form of payment.
INFOGRAPHIC: Is this how Bitcoin’s 15 minutes of fame ends?
An underground online marketplace that attracts about 20% of the global bitcoin trade is being held ransom by hackers.
Resource sector boosted Canadian economy growth in February
The mining sector contribution to Canada’s GDP grew 6.4% as a result of a significant increase in output at potash mines.
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.
