February 23, 2012

Thousands strike again at Freeport’s mine in Indonesia

Thousands of workers at Freeport-McMoRan Copper & Gold Inc's (NYSE:FCX) Indonesia unit stopped working on Thursday following an unsettled ongoing dispute with the organization, reports Reuters.

February 22, 2012

Energy inefficiencies jeopardizing Peru’s mining future

Lack of investment and long-term planning in the Peruvian electrical system are threatening to wreck billionaire mining projects, considered key to the economic growth of the country, reports today one…

February 22, 2012

NovaGold on its way to sell Galore Creek stake

Canadian miner NovaGold Resources Inc. (TSX:NG) said today that it has begun the process of trying to sell its 50% stake in the Galore Creek copper-gold project in British Columbia,…

February 22, 2012

Mining and Energy stocks back Canadian and American markets

Stocks struggle Wednesday morning as risk trades were daunted by dreary economic activity figures on both sides of the globe and the Greek post-deal aftermath.

February 21, 2012

China further entrenched in Africa with Minmetals’ Anvil acquisition

In what is being regarded as the first major African mining play by a Chinese company, China Minmetals succeeded Friday in closing its $1.3 billion bid for copper miner Anvil…

February 20, 2012

Quadra FNX Securityholders Approve Plan of Arrangement With KGHM

Quadra FNX Mining Ltd. ("Quadra FNX") (TSX:QUX) is pleased to announce that its securityholders have approved the previously announced plan of arrangement (the "Arrangement") involving Quadra FNX, 0929260 B.C. Unlimited…

February 20, 2012

Zambia NFCA Starts Work On $832 Million Copper Project – Report

Chinese-owned NFCA Mining has stated developing a $832 million copper mine project in Zambia's Copperbelt province as it steps up efforts to boost copper production at its Zambian operations, Zambia's…

February 20, 2012

Iron Creek & Hochschild Mining discover “exotic” copper mineralization, Victoria Joint Venture

Iron Creek Capital Corp. (TSX-V: IRN) is pleased to provide an exploration update on recent work completed by Hochschild Mining Holdings Limited (HOC.L: "Hochschild"), the operators of the Victoria Joint…

February 20, 2012

Chile the largest copper producer and the country with the biggest reserves — USGS

Chile is not only the largest copper producer in the world, but also the country with the largest worldwide reserves of the red metal, reveals the latest commodity report by…

February 20, 2012

Chile Collahuasi mine resumes operations after snowstorm halt

Collahuasi, the third largest copper mine in the world, resumed operations this morning after a snowstorm halted production on Sunday, publishes online news outlet Terra.cl