March 9, 2012 Euphoria over Molycorp deal may soon turn to despair. China’s grip is as strong as ever and rare earth prices are still dropping Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday and some industry observers say the tie-up creates a vertically integrated company that will…
March 9, 2012 South Africa’s standalone state mining company a step closer, already hunting for deals South Africa took a step closer on Thursday to create a standalone mining company that will take charge of the government's role in the country's rich resources and with ambitions…
March 9, 2012 Zimplats targets 1 million platinum ounces a year Mines belonging to Zimplats, the Zimbabwe unit of Impala Platinum, have at least 30 years of production left in them and could deliver one million platinum ounces annually, according to…
March 9, 2012 Over 18% of Canada’s job losses in February were in the mining industry Despite a healthy economic growth, Canada’s economy lost 2,800 jobs in February, with at least 18% of those positions belonging to the mining sector.
March 8, 2012 Ivanhoe Australia turns into nice little earner earlier than scheduled, still on the chopping block Ivanhoe announced on Thursday its Australian project is producing copper and gold ahead of schedule. Last week the company said Ivanhoe Australia is on the chopping block as its mega-mine…
March 8, 2012 Zimbabwe – last to leave, never mind turning off the lights – they’re already off In the 32 years of his benighted rule, Zimbabwe's President Robert Gabriel Mugabe has done more damage to the country than its white-led minority government ever did.
March 8, 2012 Antofagasta Minerals CEO quits a week before 2011 results In an surprising move, London-listed, Chilean copper producer Antofagasta PLC (LON:ANTO) announced that the chief executive of its copper division, Marcelo Awad, had agreed to quit.
March 8, 2012 Mexico leads Latin America’s exploration expenditures Mexico’s exploration expenditures are the highest in Latin America, reaching a record high of almost US$1 billion in 2011, says the latest report released by the Metals Economics Group’s (MEG),…
March 8, 2012 Indonesia mine rule applies to all, not just aimed at Freeport – minister The country's deputy energy and mining minister says the new regulation that changes the rules on foreign ownership of mines applies to all companies and is not aimed specifically at…
March 8, 2012 Hudbay’s cash grows 42% in fourth quarter Hudbay Minerals (TSE:HBM) rang in the fourth quarter with a $34.3 million profit or 21 cents per share, compared to $7.9 million or seven cents a share at the end…
ERG signs long-term gallium supply deal with Mitsubishi Kazakhstan, which currently produces no gallium, is set to become the world's second-largest producer. December 20, 2025 | 08:34 am
