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 […]
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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 […]
Environmental assessment begins for Ajax copper-gold mine
The environmental review has begun for the proposed Ajax copper-gold mine 10 km southwest of Kamloops, BC, Canada. The project is being […]
Hydrometallurgical process is eco-friendly
Eco Refractory Solutions has tested its hydrometallurgical process for refractory gold ores for a second client, Canadian Mining Journal reports. The company […]
Australia coal losses mount
Australia’s devastating floods could remove 5 percent or more of steelmaking coal from world markets, a major bank estimated on Wednesday, as […]
Rio declares force majeure on Boyne aluminium
Premiums for spot primary aluminium in Asia are unlikely to rise after Rio Tinto declared force majeure on shipments from its Boyne […]
Chile’s Codelco to invest $16bn 2011-2015
Chile’s state copper giant Codelco will invest over $16-billion between 2011-2015 and expects copper prices to remain strong in the long-term, the […]
Gold possibly in ‘early stages’ of bubble, but prices to continue higher
Mining Weekly reports: The gold price, which set a record above $1 430/oz in December before settling back to the current $1 […]
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.