August 3, 2012 BHP Billiton takes $2.84 billion hit on shale gas asset Record low gas prices in North America will result in BHP Billiton (NYSE:BHP) taking an impairment of US$2.84 billion (before tax) against the carrying value of the Fayetteville shale gas…
August 3, 2012 Strategic Metals to sell royalty Interests for US$30 million with provisional increase to US$36 million The company announced that pursuant to the terms of the royalty purchase agreement, Strategic will sell its royalty interests in three advanced mineral projects to 8248567 Canada Limited for up…
August 2, 2012 Outer Harbour outta here! When BHP gives up on iron ore growth then you know the mining boom is over The mining giant is also scaling back or postponing other expensive expansion projects but the pullback in iron ore – by far the Melbourne-based company's most profitable division – is…
August 2, 2012 Add German complications to Papua New Guinea problems for Nautilus undersea mine The Toronto-based company said in the report it continues to engage the government of PNG in legal proceedings held in Sydney Australia but that it has run into trouble with…
August 2, 2012 Allied Gold Mining announces claim filed The company claims, among other things, $24.9 million on account of gold loss and $17.1 million on account of throughput loss arising directly from defective work carried out by GRES.
August 2, 2012 Aquila Drills 71.68 meters of 1.68 grams per tonne gold including 2.9 meters of 27.06 grams per tonne gold at Bend copper-gold deposit Aquila reports intersects of 71.68 meters of 1.68 grams per tonne gold including 2.9 meters of 27.06 grams per tonne gold at Bend copper-gold deposit.
August 1, 2012 Three people shot dead after mob rushes Aquarius Platinum mine Three protestors are dead and 20 are injured at Aquarius Platinum's Kwezi shaft when 200 disgruntled former contractors, some carrying petrol bombs, forced their way onto the company's property.
August 1, 2012 Royal Nickel gets $12 million of government help for its $1.8 billion Dumont nickel project Royal Nickel (TSE:RNX) announced that the Ressources Québec, a resource investment arm run by the province, gave the company $12 million in return for 0.8% of the net smelter return…
August 1, 2012 Dilution ahoy! Nautilus offers major investors new shares for less than 52-week low Nautilus Minerals dropped 7.3% to $1.02 in late-afternoon trade on Wednesday, after the Toronto-based firm announced that it is raising $34 million from its major shareholders at 90c a share…
August 1, 2012 No more queuing – LME embarks on warehouse review LME's warehousing operations "have been dogged by controversy since big banks and trading houses including Goldman Sachs and JP Morgan Chase bought warehousing operations."
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly. January 30, 2026 | 06:21 pm
