March 7, 2012 Indonesia rule change rattles foreign mine owners Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's…
March 7, 2012 Antofagasta CEO steps down with immediate effect The copper miner says Marcelo Awad had resigned with immediate effect and will be temporarily replaced by chairman Jean-Paul Luksic until a successor is appointed.
March 7, 2012 Glencore raising new $6bn loan – extending existing too Swiss commodities trading powerhouse Glencore is raising a $6 bn syndicated loan in connection with its Xstrata merger and also extending an existing $11.85 bn of existing loans.
March 7, 2012 Kansanshi copper mine signs gas cleaning and acid plant deal with Outotec Finland's Outotec has been awarded a $105 million contract to build a new gas cleaning and sulphuric acid plant for Kansanshi Mining's Solwezi copper smelter in Zambia.
March 7, 2012 Are South Africa’s new platinum and silver ETNs exciting South Africa's ABSA bank plans to launch platinum and silver Exchange Traded Notes (ETNs). Will they prove to be as successful as the country's New Gold ETF?
March 6, 2012 Kagara lays off 130 employees after posting A$48.9 million loss Queensland base metal miner, Kagara Mining, said 130 of its staff were becoming redundant after the company posted an A$48.9 million loss in the first half of its financial year.
March 6, 2012 South American mining boom is now in the rearview mirror: Citigroup In Latin America the decade-long bull run for mining and hydrocarbons is mostly behind us, according to Jason Press, a regional specialist analyzing equities for Citigroup.
March 6, 2012 Chile Copper Giant Codelco to invest over US$4.3 bln in 2012 Chilean state giant Codelco, the world's biggest copper producer, plans to invest over US$4.3 billion this year, said the company’s president Diego Hernandez said on Tuesday
March 6, 2012 Rio Tinto to close its UK Lynemouth smelter Rio Tinto Alcan, the aluminum division of Rio Tinto PLC (RIO) announced today it will close its Lynemouth aluminum smelter in Northumberland, England at the end of March, as part…
March 6, 2012 KGHM eyes more copper deals as mining tax dents profit The company expects flat operating profit this year, held back by a new mining tax, and is looking for more deals following its $3 billion acquisition of Quadra FNX.
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
