October 7, 2012

China uncovers large nickel reserve

Officials expect reserves to grow

September 29, 2012

Ancient Buddhist statue found in Tibet carved from meteorite

A Buddha statue looted by Nazis in Tibet in the 1930s was carved from the Chinga meteorite, which crashed to the Earth 15,000 years ago, revealed Elmar Buchner of the…

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…