June 14, 2011

New 50% bigger Kalukundi copper/cobalt project study awarded

South Africa's MDM Engineering Group has been awarded the increased throughput design update and cost revalidation of the Bankable Feasibility Study (BFS) for Africo Resources' Kalukundi copper/cobalt project, located in…

June 14, 2011

Glencore shares dip on results, bid denial

Commodities trader Glencore (GLEN.L: Quote) is not considering a bid for embattled miner ENRC, its chief executive said, dismissing reports of a takeover after it disappointed the market with its…

June 13, 2011

Zambia copper output down – see IM article in July

Africa’s largest copper producing nation saw output fall back over the first four months of 2011, compared with a year ago. Cobalt […]

May 10, 2011

Baja Mining starts surface mining at Boleo project, Mexico

Baja Mining Corp. (TSX:BAJ) is pleased to announce the commencement of surface mining activities at its 70% owned Boleo copper-cobalt-zinc project ("Boleo"), located near Santa Rosalia, Baja California Sur, Mexico.…

April 28, 2011

Sherritt’s Q1 earnings up 116% to $63.6 million

Sherritt's Q1 earnings rose 116% over the same quarter a year ago. The company reported net earnings on Thursday of $63.6 million or 22 cents a share. A year ago,…

April 11, 2011

We have a duty to consider any serious offer – Metorex

South African miner Metorex (MTXJ.J: Quote) said on Monday that if there were any other serious offers to acquire it aside from one launched by Brazil's Vale (VALE5.SA: Quote) it…

March 11, 2011

Formation Metals Inc. completes $80 million equity financing

Formation Metals Inc. (TSX:FCO) (the “Company”) is pleased to announce it has completed the equity financing (the “Financing”) announced on January 27, […]

February 24, 2011

Sherritt expecting production declines in Cuba this year

Canadian mining and energy company Sherritt is expecting production declines in Cuba in 2011, Cuba Standard reported: Sherritt, Cuba’s largest foreign investor, […]

January 30, 2011

Philippines hoping for a Colombia-like repeat in its mining sector

There are more than a few explorations companies drilling holes in the Philippines these days, all with the quiet hope that the country soon finds favour with serious resource investors…

January 30, 2011

Zinc, cobalt grabbing some ‘green’ traction

Zinc and cobalt often fall into that esoteric metals category called byproduct, meaning they are generally an afterthought for miners who are keen at getting at, say, nickel or copper…