June 28, 2012 China Gold International picks up a Zambian miner for $20.4 million China Gold International Resources is acquiring China Nonferrous Mining Corporation Limited for HK$155.1 million.
June 27, 2012 Glencore ‘ready to pull’ Xstrata merger While both Davis and Glencore CEO Ivan Glasenberg would suffer blows to their reputations as dealmakers if the merger should collapse other parties stand to lose more.
June 27, 2012 2012 survey of Canadian mine wages Fifty-six mines across Canada provided data on wages paid in 2011. Thirty-four are union mines; and twenty-two non-union. Forty-five reported increased wages while eleven made no changes. None decreased wages.
June 27, 2012 Cascadero signs option agreement with OZ Minerals Ltd. Cascadero has entered into an option agreement with OZ Minerals, the agreement enables OZ to earn up to a 75% interest in Cascadero's Centenarito claims
June 27, 2012 Glencore ponders changes to Xstrata deal as major shareholder demands better terms Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.
June 27, 2012 San Gold signs financing and option agreement with Canadian Arrow Mines The agreement gives Sand Gold an 80% undivided interest in all precious metals produced by Canadian Arrow's properties which includes silver and gold, but excludes platinum and palladium.
June 27, 2012 Orbite signs memorandum of understanding with Asian giant Nalco and announces positive results from Its Red Mud remediation process Orbite has signed a non-binding agreement to test its new technology on Nalco's ores and red mud – residue which is left after alumina extraction.
June 27, 2012 $8 billion resource reserve likely to lift Bolivia’s depressed economy The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.
June 26, 2012 Bashed billionaires: Lakshmi Mittal is mining’s biggest loser Firstpost reports after a 5% salary increase Lakshmi Mittal took home $1.74 million last year working as the CEO of ArcelorMittal. The […]
June 26, 2012 Glencore-Xstrata deal ‘on the verge of collapse’ after Qatar withdraws support Qatar's about-turn means that more than 25% of shareholders eligible to vote at the 12 July meeting are now against the deal’s current terms.
Namib Minerals to restart mothballed Zimbabwe gold mine in February Redwing currently has an estimated 2.5 million ounces of gold and is the largest resource base in the group's Zimbabwean portfolio. December 19, 2025 | 07:08 am
