Sprott and Chinese firm set $500 million minerals fund
Fund will invest mostly in equities and debt instruments related to gold, precious metals, copper and minerals.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Workers strike at Chinese uranium mine in Niger
About 700 workers are emanding better salaries and bonus payments.
Mosaic invests $1bn in Saudi venture
The deal is the biggest-ever overseas venture for the fertilizer company.
Global downturn takes a toll on Canada’s north ‘mining boom’: report
Even with the downgrade, overall economic growth in Nunavut is forecast to be 3.4% in 2013 and 8.8% in 2014.
Areva to resume test drilling for uranium in Nunavut
The company has opened a winter road and intends to move about 200,000 litres of fuel and other supplies to the site.
Rio Tinto, Xstrata to slash over 100 coal jobs each
Rio and Xstrata are not the only miners rethinking their coal business in Australia. Vale and BHP are reportedly on the same page.
UK Government questions $2.7bn potash project
Authorities fear the mine could interfere with the UK’s missile early warning system.
Mining industry to solve lack of skilled workers with technology: study
International mining executives believe the industry is in the midst of a transition from a blue collar to a white collar workforce.
World’s top copper producer faces major strike threat and lower demand
In 2011, Codelco was hit by a one-day strike that cost it $40 million.
Five reasons gold will hit an all-time record this year
Bullion enthusiasts believe gold prices are steadily moving up.
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.
