Indian and Chinese investors eye Vale’s Rio Colorado potash project
The potential takeover comes only four years after Vale bought the project from Rio Tinto.
Cecilia Jamasmie , Editor-in-Chief
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California’s Gold Rush pieces fetched over $1 million
Main attraction was a collection of coins privately made in San Francisco in the 1850s.
Strong support for Keystone in the US: poll
Poll shows US citizens value energy security over action on climate change, a view that translates into broad support for TransCanada’s proposed Keystone XL oil pipeline
Caterpillar profits drop 45% on weak mining sales
The company revised it forecast, which now sees a sales decline of about 50% from 2012 for traditional CAT machines used in mining.
Here we go again: copper headed to bear market land
The metal lost almost 7% this week.
Top pension funds oppose Barrick Gold co-chairman compensation
Group said it will vote against members of Barrick’s compensation committee at next week’s annual meeting.
Swiss to vote on whether their central bank can sell gold reserves
Initiative also seeks to force the bank to keep at least 20% of its assets in the metal.
Anglo logs upbeat results, but Minas Rio, Amplats still a thorn in Cutifani’s side
The miner's first-quarter output was higher across most commodities including copper, iron ore and diamonds.
Congo’s Katanga province rejects ban on copper exports
Governor Moise Katumbi said the province lacks capacity to process all the ore itself.
Rio Tinto’s Walsh promises investors $5bn in cost savings
Aside from selling assets and slashing jobs, Walsh said the company will improve performance at all operations.
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.
