November 12, 2011 Nautilus now has $155 million kitty and all its green permits for undersea mine Nautilus, the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits, announced on Friday it has completed the quarter with a cash balance of $155.1 million,…
November 11, 2011 Albidon shuts down Zambia nickel mine citing ‘serious cash flow difficulties’ Mining Weekly reports Albidon’s (ASX:ALB) problems escalated on Friday after it suspended operations at its Munali nickel mine, in Zambia.
November 11, 2011 Copper price surges $164/tonne on rare good news from Europe Reuters reported that copper surged almost 2% bolstered by a weaker dollar, the better political situation in Italy and a pickup in Chinese bank lending. Benchmark copper on the London…
November 11, 2011 Katanga gets $635 million to build world’s largest cobalt mine Katanga Mining announced on Friday it has secured $635.5 million in new loan facilities from parent Glencore International to fund the expansion of its Democratic Republic of Congo copper-cobalt mine.…
November 11, 2011 Ausenco wins contract for Kazakhmys $1.8 billion copper project in Kazakhstan Ausenco has been awarded a A$45 million Create phase engineering services contract for the $1.8 billion Bozshakol copper project owned by Kazakhmys. Ausenco Minerals and Metals business will be providing…
November 11, 2011 Outotec provides process technology to Sierra Gorda copper-molybdenum project in Chile Outotec has signed a contract with Quadra FNX Mining for the design and delivery of a process solution to the new copper-molybdenum concentrator located in Sierra Gorda, close to Antofagasta…
November 11, 2011 Foreign powers eyeing $3 trillion Afghan resource spoils While peace in Afghanistan still looks to be a utopian dream, AFP reports that developing nations like China and India are eager to make resource deals in the troubled country…
November 10, 2011 Scrap gold, silver, platinum can comprise half an airplane’s recycling value You're probably aware that gold demand is mostly for jewelry -- in fact, over three-fourths of it is. But unknown to many people, notes Dillon Gage Metals, is that gold,…
November 10, 2011 On the path to production There are three stages in a junior company’s development.The most upside (and by far the greatest risk) comes from buying a junior resource company when they are exploring and make…
November 10, 2011 Xstrata Copper’s Site Decommissioning Project in Canada Receives Prestigious Engineering Award Xstrata Copper Canada is pleased to announce that consulting engineering firm Genivar won the prestigious 2011 Schreyer Award at this year's Canadian Consulting Engineering Awards for its role in the…
Chile regulator approves Codelco-SQM lithium deal hours after announcing audit The resolution comes hours after the top regulator announced it would launch an "unprecedented audit". December 19, 2025 | 03:13 pm