December 20, 2012

Indico Resources Ltd.: Additional drill results from phase 2 drilling campaign, Ocana porphyry Cu-Mo-Au project

Best hypogene drill intersection to date: OCA010 with 300 metres of 0.70% CuEq- including 57 metres of 1.53% Cu Eq

December 19, 2012

BHP to sell its Guinea iron ore mine to B&A Mineração

BHP Billiton (ASX, NYSE:BHP) has reportedly chosen mining venture B&A Mineração as the preferred bidder for its Mount Nimba iron ore mine, one of the largest deposits of the mineral…

December 19, 2012

Rio Alto Mining Limited: New York Stock Exchange listing

The company anticipates that its common shares will open for trading on the NYSE Friday, December 21, 2012 under the ticker symbol "RIOM".

December 18, 2012

Mexico’s copper output suffers biggest single-month drop in 2 years

The fall was caused by lower prices and slowing demand from major copper consumers like China, says Gonzalo Fernandez, an analyst with Grupo Santander.

December 18, 2012

China’s MMG to plough AUD$1.5bn into Queensland zinc mine

The Middle Kingdom's overseas resource buying spree continues

December 18, 2012

Globex announces record date for spin-out of Chibougamau Independent Mines Inc.

Every shareholder of record at the close of business on December 28 will receive one share of CIM for each Globex share held.

December 17, 2012

LME hits record volumes on last independent day

149.6 million lots carrying a notional value of $13.6 trillion ahead of Hong Kong takeover completion.

December 17, 2012

Big pit, big bonus: Codelco gives every Chuquicamata worker $35,475

The $6,334 interest free loan and 3.7% wage hike will also come in handy.

December 17, 2012

CIBC’s Matt Gibson sees upside in iron in 2013

Investors who want to play in the iron and copper space should look to small-cap producers for attractive valuations and lower risk, says Matt Gibson, institutional research analyst with CIBC…

December 17, 2012

Chileans divided over value of Barrick’s water fund

When it comes to its $8.5 billion Pascua Lama project, 2012 was not a great year for Canada’s Barrick Gold.