May 24, 2012 Newmont applies substantial cuts to investment in controversial $4.8 billion Conga project in Peru World number two gold producer, Newmont Mining Corp. (NYSE:NEM), will spend $440 million on the controversial Conga mine project in Peru over the next 18 months, about two-thirds less than…
May 23, 2012 Asian Mineral Resources says no to Norilsk Nickel’s $22 million offer Asian Mineral Resources' board is recommending that the shareholders turn down Norilsk Nickel's $22.3 million offer or 11 cents a share.
May 23, 2012 Copper ETFs: The horror! The horror! A letter from US wire manufacturers to the SEC states this type of investment vehicle in copper would “grossly and artificially inflate prices” and “wreak havoc on the US and…
May 23, 2012 GoldQuest reports drilling results from the Dominican Republic hole LTP 90: 231 metres grading 2.4 g/t gold including 160.3 metres grading 2.9 g/t gold and 0.62% copper GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) is pleased to announce results from a 15 hole drill program at its 100-percent-owned Las Tres Palmas project, summarized in this release's Table 1.
May 23, 2012 Sama Resources closes private placement of Can$4,402,394.40 The shares were issued at a price of CAN$0.60 per share.
May 23, 2012 Rio Tinto confirms support for Ivanhoe Mines comprehensive financing package and agrees to amend certain terms of memorandum of agreement Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have agreed to amend certain terms of the memorandum of agreement announced on 18 April 2012, under which Rio Tinto has agreed to…
May 23, 2012 Anglo and Codelco restart talks to end dispute The frantic legal battle between diversified miner Anglo American (LON:ALL) and its Chilean adversary Codelco, the world’s largest copper producer, was put on hold as the parties announced they were…
May 23, 2012 NGEx announces Josemaria drill results including 172 metres at 1.57% copper equivalent Highlights from the latest batch of results include: JMDH49 with 172 metres at 1.57% CuEq* (136 to 308m, 1.33% Cu and 0.36 g/t Au);JMDH25 with 552 metres at 0.75% CuEq*…
May 22, 2012 Olympic Dam Taskforce CEO to doubters: We’re planning 10,000-strong village, already building airstrip for 737s The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam…
May 22, 2012 Xstrata relies on China to lift copper demand Copper demand in China, the world's main consumer of the red metal, is expected to rebound in the second half of 2012, despite the uncertain outlook for Europe, the head…
Disruption and dislocation: LME metals’ year in seven charts Supply disruption and tariff dislocation have defined the London Metal Exchange base metals complex this year. December 23, 2025 | 07:58 am
