IFS Applications considered dominant for mining industry enterprise software

IFS Applications has been ranked in the dominant zone for enterprise software for the mining industry by third-party analyst group Technology Evaluation Centers.

MINING.com Editor | February 29, 2012 | 4:08 pm

Happy day: Silver hits 5-month high, gold attempts $1,800 and Dow scales 13,000

Silver’s gains for 2012 now stands at over 30% while gold added more than 180/oz in January and February. The last time the Dow closed above 13,000 was in May 2008.

MINING.com Editor | February 29, 2012 | 1:05 am

Teck chief says not to worry about China’s economy

Canadian resource giant Teck's Chief Executive Officer Don Lindsay told Reuters on Tuesday that concerns over the health of the Chinese economy is overstated

MINING.com Editor | February 29, 2012 | 12:14 am

Teck CEO says zing is back in zinc

Lindsay's comments come despite forecasts of supply outstripping demand by at least 350,000 tonnes (some analysts put the figure as high as 539,000 tonnes) this year further putting pressure on prices.

MINING.com Editor | February 28, 2012 | 11:55 pm

Grizzly buys estimated 100,000 bpd May River property for $225 million

Calgary-based oil sands exploration and production company Grizzly Oil Sands on Tuesday announced that it has closed the acquisition of the May River property from Petrobank Energy and Resources  for gross cash proceeds of  $225 million.

MINING.com Editor | February 28, 2012 | 8:02 pm

Lynas website hacked as thousands protest Malaysia rare earth plant

Thousands of protesters have been converging on Lynas Corporation's new rare earths processing facility in Malaysia according to reports. The Australian producer's website was also hacked over the weekend.

MINING.com Editor | February 28, 2012 | 1:35 am

CyPlus opens new cyanide transloading station in Ciudad Obregon, Sonora, Mexico

CyPlus GmbH and Evonik Degussa Mexico, both subsidiaries of Evonik Industries AG in Germany, officially announce the opening of its cyanide transloading station for CyPlus® Solid-to-Liquid Containers at its warehouse and logistics center in Ciudad Obregon, Sonora in spring 2012.

MINING.com Editor | February 27, 2012 | 5:21 pm

Dragflow details its range of pumps and dredges

Heavy-duty pumps producer Dragflow published today details on its range of pumps, dredges and equipment for the mining sector, which it has manufactured for more than 25 years.

MINING.com Editor | February 27, 2012 | 3:28 pm

Iron ore derivatives market to reach 100 million tons this year

The global market for derivates based on iron ore could expand to reach 100 million metric tons in 2012, said data provider The Steel Index (TSI).

MINING.com Editor | February 22, 2012 | 7:41 pm

China has invested $14 billion in the oil sands, and that’s a good thing

A think tank is pushing back against the perception that Chinese firms are locking up Canadian resources, but rather are providing an important financial boost to the sector.

MINING.com Editor | February 22, 2012 | 6:22 am

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