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 […]
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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.
Inmet, Lundin agree to C$9bn merger into Symterra
Two Canadian miners, Inmet and Lundin, have agreed to an all-share merger that will create Canada’s second largest base and industrial metals […]
Rio Tinto Digs Deeper Into Africa
Feature article from the Wall Street Journal: Rio Tinto has prided itself on the fact that more than 80% of its assets […]
Canada Lithium arranges $110-M toward Quebec project
Toronto’s Canada Lithium is arranging a $110-million bought deal financing that is earmarked for partial development of its Quebec lithium mine 60 […]
Goldcorp sets record at 2.52M oz
Goldcorp set a gold production record in 2010 at 2.52 million oz, including 686,300 oz in Q4, Canadian Mining Journal reports. Cash […]
RANKED: World’s top 20 largest gold mines
Mine production saw a modest rise to 3,672 tonnes last year, WGC data shows.