October 29, 2012 Xstrata shareholders caught in ‘prisoner’s dilemma’ Could Anglo or Vale free them? Even shareholders choking on $200 million of management bonuses, may have to okay the compensation if they want the deal to go ahead. But Xstrata may have other options beside…
October 29, 2012 Russia nearly doubles 9M 2012 copper exports Exports of refined copper from Russia increased by 93.5% YoY in January-September 2012 to 204,900 metric tons, the Ministry of Economic Development has reported.
October 29, 2012 Anglo American Platinum offers bonus to bring back miners South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, has offered to reinstate 12,000 miners fired in early October for illegally striking and pay them a $230) “hardship…
October 29, 2012 Tirex Resources moves from exploration to production in Albania Not very often you hear about a company moving from exploration into production, but Canadian Tirex Resources (CVE:TXX) is doing just that. The Vancouver-based firm announced Monday it has received…
October 29, 2012 Petaquilla rejects Inmet’s final takeover bid Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet…
October 29, 2012 Deer hunters evince little enthusiasm for copper ammunition Deer hunters in the American mid-west have shown little enthusiasm for new non-toxic copper bullets which would reduce the impact of lead ammunition fragments on local fauna.
October 28, 2012 French scientists transform H20 into gold Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.
October 28, 2012 Slowing Chinese economy hits U.S. metal industry As China's economy cools, U.S. exporters are increasingly feeling the chill.
October 27, 2012 Police fire rubber bullets to disperse clashing union workers in South Africa Unrest in South Africa has cost the country R3.1bn (US$350 million).
October 26, 2012 Cynthia Carroll yields to pressure and leaves Anglo Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.
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