July 6, 2011
Arab League injection earns Texas miner $107m windfall
After an initial 5% jump, shares in Arabian American Development Co was flat at midday on Wednesday on four times usual volumes following news of a $37m injection into the…
July 6, 2011
After an initial 5% jump, shares in Arabian American Development Co was flat at midday on Wednesday on four times usual volumes following news of a $37m injection into the…
July 6, 2011
Late last month Ivanhoe Mines received $502 million from Rio Tinto following Rio’s decision to exercise all remaining share-purchase warrants that it holds in Ivanhoe Mines. Assembly of open pit…
July 5, 2011
Reuters reports Afghanistan has grand plans for a vast rail network to attract mining investors, but experts say the project would simply be a new target for insurgents and warn…
July 5, 2011
According to a spokesperson for the Chilean copper operation, the mine is working under a contingency plan due to bad weather which has delayed a workers' shift.
July 4, 2011
Chile's Codelco on Monday sought to avert a 24-hour strike by workers demanding a bigger say in the restructuring of the world's top copper miner, the company's top executives said…
July 4, 2011
The Economic Times reports Indian mineral production declined 14.52 percent in April compared to the preceding month due to sharp drop in the output of coal, bauxite and copper, official…
July 4, 2011
South African miner Metorex said on Monday that it had still received no firm offer from any party other than Brazil's Vale, which has made a $1.1 billion offer for…
July 4, 2011
According to reports more than 7,000 workers from Freeport McMoRan's massive gold and copper mine in Indonesia's western Papua region started a week-long strike on Monday to demand better wages.…
July 4, 2011
Bloomberg reports that Eduard Ogay, chief executive officer of Kazakhmys Corporation LLC, says copper prices will stay about the same.
July 3, 2011
BANGALORE -- Copper Development Corp., which has stakes in several mining projects in the Philippines, has received interest from a number of mining firms for a project in Negros Oriental,…
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