September 21, 2012 Xstrata gets an extra week to decide on Glencore merger Diversified miner Xstrata (LON:XTA) and commodities trader Glencore International (LON:GLEN) have now until October 1 to decided on the $36 billion lauded merger.
September 19, 2012 Nautilus Minerals plumbs new depths, comes up smelling of roses Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.
September 18, 2012 Nautilus Minerals Defines 410 million tonne inferred mineral resource Nautilus Minerals defines 410 million tonne inferred mineral resource at Clarion-Clipperton Fracture Zone
September 4, 2012 Baja Mining’s partners indecisive on further funding for Mexico project Canadian Baja Mining (TSX:BAJ) shareholders continue to be anxious about the future of the company’s flagship Boleo project in Mexico, as its South Korean partners were unable to decide on…
August 29, 2012 Baja Mining stocks surge 77% on Korean consortium’s $90mln payment Shares in Vancouver-based Baja Mining Corp. (TSX:BAJ) have surged following confirmation from the company that a Korean consortium has paid USD$90 million to become a 51% owner of Baja subsidiary…
August 21, 2012 Baja Mining reports on status of stage I financing and provides corporate update Baja Mining announces that the aggregate $90 million comprising the Stage I financing which was to have been advanced to MMB by the Korean Consortium has not yet been fully…
July 27, 2012 Baja sued for $260 million in class action. Vancouver co is worth only $18 million, down 93% in 2012 Baja Mining dropped by almost a third on Friday after announcing class action proceedings seeking $260 million in damages for misrepresenting the true state of affairs at its Boleo project…
July 27, 2012 Class action commenced against Baja Mr. Sue-Tang seeks: a declaration that Baja made misrepresentations contrary to the securities act during, general and special damages in the amount of $250 million, punitive damages in the amount…
July 13, 2012 Baja Mining only has enough money for Boleo project for two more weeks The Canadian mining company continues to struggle with cost overruns at its flagship Boleo mine in Mexico, the company has not yet received any funding proposals for the project and…
July 6, 2012 Xstrata-Glencore merger vote postponed: unions raise concerns Xstrata has delayed voting on a merger with Glencore as investors continue to dictate the offer and unions become more vocal about their concerns over the deal.
Mass layoffs overshadow Guinea’s Simandou mega mine as output accelerates The project is laying off thousands of workers just as it begins exporting iron ore after decades of delays and corruption scandals. December 18, 2025 | 10:26 am
