October 22, 2011

Iron ore and copper reflect China’s wave of selling

Iron ore fell to its lowest level of the year and copper plunged more than 6 per cent as Chinese investors led a wave of selling across industrial commodities markets…

October 21, 2011

Push for South Africa mine nationalization coming to a head next week with ‘mass action’ marches

It is vital for the South African government to step up and take a bigger stake in the mining industry, a top economic advisor told those attending a Mining for…

October 21, 2011

Augusta Announces "Notice of Availability" for Rosemont Copper DEIS Issued by USFS

About AugustaAugusta is a base metals company focused on advancing the

October 21, 2011

Mining ripping away chunks of Great Wall in rural areas

One of the Seven Great Wonders of the World is being threatened by mining. Reuters reports that legal and illegal mines operating below the Great Wall of China are tearing…

October 21, 2011

Rio Alto Closes US$25 Million Financing for Mine Expansion

Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX VENTURE:RIO)(OTCQX:RIOAF)(BVLAC:RIO)(DBFrankfurt:MS2) is pleased to announce that it has completed definitive documentation for a US$25 million increase in its existing gold…

October 21, 2011

Hard Creek Nickel Corporation – Updated Preliminary Economic Assessment models production of saleable concentrate

(VANCOUVER) - Hard Creek Nickel Corporation (TSX - HNC) is pleased to release the results of a new Preliminary Economic Assessment (PEA) of its wholly owned Turnagain Nickel Project in…

October 21, 2011

Amerigo posts lower Q3 copper/molybdenum output

Amerigo Resources, which produces copper and molybdenum from tailings from Codelco's giant El Teniente mine in Chile, saw sharp 3Q falls in production of both metals, but says will be…

October 21, 2011

Copper bounces 5.5% from 15-month low as supply disruptions begin to bite

In early morning trade in New York, copper for delivery in December jumped 5.5% from yesterday's 15-month low to trade at $3.23 a pound after France and Germany made positive…

October 21, 2011

Taseko says New Prosperity Mine would pour $9.8B into gov’t coffers

Taseko Mines (TSE:TKO) estimates its proposed New Prosperity copper-gold mine would generate $9.8 billion in tax revenues for the federal and BC government over the next 20 years. The Vancouver-based…

October 21, 2011

Zambia suspends issuing mining licences, calling system ‘inefficient’

Zambia has stopped issuing and renewing mining licences as part of a shake-up of the mining sector by President-elect Michael Sata and his new government. Mining Minister Wilbur Simusa said…