Mandalay mulls reprocessing tailings at Chile mine – CEO
TSX-listed Mandalay Resources, which aims to produce 1,9-million ounces of silver and 15 000 oz of gold this year at its Chilean […]
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Toyota tries to pull the plug on rare earths
ETFdb reports that Toyota may find substitute for some of the rare earths it consumes: Toyota is sinking vast sums into research […]
ArcelorMittal, Nunavut Iron team up for successful Baffinland bid
Canadian Mining Journal reports: Almost four months have passed since Toronto-based Nunavut Iron Ore first proposed a takeover of Baffinland Iron Mines, owner of the Mary River iron ore project 160 km south of Mittimatalik (Pond Inlet). Nunavut Iron offered US$0.08 per share, an offer that had the Baffinland board saying "no thanks."
Deep Yellow delivers strong pre-feas results for Namibian uranium project
Proactive Investors Australia reports: Strong positive interim Pre-Feasibility Study (PFS) results have been recieved by Deep Yellow (ASX: DYL) for its wholly-owned […]
RusAl files lawsuit against Norilsk Nickel
The world’s top aluminum producer RusAl has filed three law suits against Norilsk Nickel, the world’s largest nickel producer, over its deals […]
Compass Minerals Acquires Canadian Sulfate of Potash Producer, Big Quill Resources Inc.
News Blaze reports: Compass Minerals (NYSE: CMP) has acquired Big Quill Resources Inc., Canada’s leading producer of sulphate of potash, in an […]
Australia floods force ships to look for coal supplies elsewhere
Reuters reports: An increasing number of dry bulk carriers are departing eastern Australia’s coal ports empty-handed as devastating floods force companies to […]
De Beers set to restart Gahcho Kue diamond mine project
A new diamond mine in Canada’s North is again in front of regulators after a recovery in international markets for the sparkly […]
Nunavut diamond mine gets new management team
Vancouver Sun reports: Shear Diamonds Ltd. (TSXV: SRM), which owns the mothballed Jericho diamond mine, is beefing up its senior management team […]
North American Palladium & the growing demand for PGMs
North American Palladium hit a new 52-week high of $7.62 so far this week, in part because the market has gone gaga for all things palladium. The company's shares had been showing support around $6.69 and resistance in the $7.45 range, but investors continue to push palladium-minded stocks higher in the belief that growing demand for PGMs, or platinum group metals, will continue to be ramped up.
India to invest in foreign uranium mines
India’s NTPC seeks overseas uranium mine financing to secure fuel for a massive nuclear power expansion targeting 100 GW capacity by 2047.