June 25, 2012 Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.
June 25, 2012 Moly Mines update: hedging and 27% more iron With a new director, intentions for acquisitions and a new estimate on its iron holdings – which indicate 27% more iron ore than originally estimated – Moly has something to…
June 25, 2012 Anglo and Codelco like the boy who cried wolf: dispute deadline moved to July 17 London-based Anglo American and Chile's state-owned Codelco did not came to an agreement on Friday over disputed copper assets which has had the miners engaged in a bitter legal confrontation…
June 25, 2012 Prophecy Platinum arranges $11.25 million non-brokered private placement The company is intending to sell 5 million units at $2.25 a share, proceeds of the placement intended to advance its flagship property in Canada's Yukon Territory.
June 24, 2012 Bear market in commodities a risk for equities Economic data last week from around the world have dampened the demand outlook for basic resources.
June 22, 2012 Chile divided over lithium privatization Chile’s government decision to privatize the country’s lithium, announced last week, has the country immersed in a heated debate over who has the right to exploit the vast reserves of…
June 22, 2012 Peru tries solving Xstrata’s conflict to stop mining investments from falling Peruvian authorities met Thursday with representatives of the town of Espinar in southern Peru, to resolve a conflict between the community and Xstrata’s Tintaya copper mine, which they accuse of…
June 22, 2012 Baja Mining thanks shareholders for their support and provides project update On the table at the company's annual shareholder's meeting in Vancouver were cost overruns, operating costs and new funding requirements.
June 21, 2012 Billions wiped off metal stocks after China, EU and US deliver economic shocks The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a…
June 21, 2012 Traders with Bernanke blues sell off metals, gold drops $50 The slide in the spot price of gold triggered by disappointment over the Fed's actions – or lack thereof – yesterday accelerated in Thursday trade with the precious metal giving up $50…
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