July 12, 2012 Rio Tinto CFO steps down, major shakeup follows Rio Tinto's long-standing Chief Financial Officer, Guy Elliott, will retire at the end of 2013 announced the miner on Thursday, along with a few other senior management changes.
July 12, 2012 Woulfe signs memorandum of understanding (MoU) for KRW120 billion (US$104 million) debt financing with Korea’s largest bank Woulfe and its subsidiary, Sangdong Mining, executed a deal with Shinhan Bank for a 12-year term loan amounting to $104 Million for the development of the Sangdong tungsten-Molybdenum project.
July 12, 2012 TomaGold corporation awards DIAGNOS a contract to use its artificial intelligence technology to target gold and copper DIAGNOS will assist Tomagold by using its CARDS (Computer Aided Resource Detection Software) technology, which makes it possible to identify the sites having the same signature as known mines and…
July 12, 2012 Chile’s largest open pit copper mine goes underground Chile’s largest open pit copper mine, Chuquicamata, has officially started its conversion towards underground mining. The project will cost Codelco over $2 billion in the preliminary phase but will substantially…
July 12, 2012 Platinum prices set to recover in the second half of 2012 on sliding supply Platinum prices are set for a recovery in the second half of this year due to declining mine production, although palladium prices will remain tepid due to thin investment demand,…
July 12, 2012 Mongolia kingmaker: ‘Fix’ Oyu Tolgoi ‘shadow masters’ and ‘scare to death’ Tavan Tolgoi oligarchs The Facebook page of the junior partner in the likely ruling coalition post the Mongolian elections makes for scary reading.
July 11, 2012 Falcondo Xstrata mines without permit, lawmaker says La Vega province deputy Elpidio Infante on Wednesday said the company Falcondo Xstrata Nickel is exploiting Loma Miranda without the Environment Ministry permit.
July 11, 2012 Xstrata-Glencore merger to be decided Sep 7 Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach…
July 11, 2012 Goldcorp lowers guidance due to drought and production delays Goldcorp, the world's second-largest gold miner, said expected gold production would drop 8% due to problems at Peñasquito and Red Lake.
July 10, 2012 North American Palladium’s $43 million debt offering In order to increase production and reduce cost per ounce at its flagship Lac des Iles mine, North American Palladium (TSE:PDL) is raising Can$43 million on a bought deal basis…
US raises Graphite One loan to $2.1B Graphite Creek is described by the US Geological Survey as the largest graphite deposit in the country. December 19, 2025 | 07:43 am
