June 29, 2011 South Africa mines nationalization talk may cut output Bloomberg reports South Africa risks cutting the mine output that contributes 8.8% of the economy as calls from within the governing political party for a state takeover of the industry…
June 29, 2011 FL Smidth gets mill order for FQM’s major Sentinel copper project in Zambia An announced order for milling equipment for First Quantum's big Sentinel copper project in Zambia suggests a decision to go ahead with the project has already been taken. FLSmidth has…
June 29, 2011 Moly Mines secures $494m loan from China Development Bank Moly Mines Ltd (MOL.TO: Quote) (MOL.AX: Quote) said it got loans totalling $494 million from China Development Bank Corp(CDB) for the construction of its Spinifex Ridge molybdenum and copper project…
June 29, 2011 Grupo Mexico, Asarco union extend existing contract for 2 years Grupo Mexico and miners at its U.S. copper mining unit Asarco agreed to extend their existing contract for two more years, the Mexican company said in a statement on Tuesday.…
June 29, 2011 Obama praises Alcoa in Iowa visit President Barack Obama on Tuesday held up Alcoa’s aerospace aluminum plant in the Quad Cities as a bright spot in the U.S. economy. But Obama did not touch on the…
June 29, 2011 Alcoa disputes Romney quote on labor board Alcoa officials and business leaders dismissed an assertion from GOP presidential candidate Mitt Romney earlier this week that a federal labor board’s actions could threaten jobs at the Alcoa plant…
June 29, 2011 Scotiabank’s Mohr forecasts copper demand rebound in second half of 2011 Moderately lower base metals, molybdenum, uranium and silver prices more than offset stronger gold, potash and cobalt prices in May, lowering the Scotiabank Commodity Price Index by 2.3% last month.…
June 28, 2011 Silver Quest announces $10 million private placement Silver Quest Resources Ltd. has entered into an agreement with a syndicate led by Paradigm Capital Inc. and including Stonecap Securities Inc. and Scotia Capital Inc. in respect of a…
June 28, 2011 Nickel prices continue to slide Nickel is projected to be in a surplus over the next year and a half, as weak stainless steel demand has caused cuts in production. There are supporting factors as…
June 28, 2011 Little Deer deposit expands over 60% Cornerstone Capital Resources of Mount Pearl, NL, and joint venture partner Thundermin Resources of Toronto are pleased with the increased resource estimate for their Little Deer copper project 10 km…
BHP puts Anglo in ‘rearview mirror’ as CEO eyes Canada copper “I’m hopeful that in five years time, 10 years time, there’ll be further investments that we can make into Canadian resources, and specifically into copper,” Mike Henry said. December 19, 2025 | 12:32 pm