September 23, 2011

Ivanhoe Mines to issue statement on Monday, September 26, on challenge to unauthorized remarks about Oyu Tolgoi project

SINGAPORE, SINGAPORE--(Marketwire - Sept. 23, 2011) - Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) founder and Chief Executive Officer Robert Friedland said today that the company will issue a statement on Monday, September 26,…

September 23, 2011

Dorato receives final drill results from phase I Cobrecon drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2011) - Dorato Resources Inc. ("Dorato" or the "Company") (TSX VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) announces receipt, from Minera Afrodita, of final drill results from the first phase…

September 23, 2011

Commodities: Copper hits lowest mark since 2008

Copper futures have hit their lowest mark since 2008 after a China factory index signalling contraction fuelled rumours that demand for metal will fall amid signs of economic slowdown. The…

September 23, 2011

Peru’s Congress approves raised mining taxes and royalties

Peru, a top global producer of precious and base metals, expects $42 billion in mining investments over the next decade and Congress has approved new legislation that will see miners…

September 23, 2011

Copper, Nickel, Tin Slump on European Debt, Global Growth Risk

Sept. 23 (Bloomberg) -- Copper dropped to the lowest in more than a year while nickel and tin plunged as the deepening European debt crisis and threat of a U.S.…

September 23, 2011

Mongolian ministers assigned to renegotiate foreign mining deal

The Mongolian Cabinet Office would ask Canadian and Australian mining companies to renegotiate the Oyu Tolgoi copper-gold mining agreement, local media reported Thursday. Chimed Khurelbaatar, chief of the Cabinet Office…

September 23, 2011

Gold companies merge into McEwen Mining

Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. (TSX:MAI) to form a new corporate entity called McEwen Mining.

September 23, 2011

Copper, coal: crystal balls for the global economy

Copper, coal and other industrial commodities can be great tools for predicting economic prospects and right now they’re offering a gloomy outlook, but a closer analysis shows a glimmer of…

September 22, 2011

Xstrata Copper to invest $1.5bn in two Peru mines

Xstrata Copper will invest $1.47-billion in two copper mines in Peru, with the goal of increasing production in the country by 60% in 2012, according to a company presentation obtained…

September 22, 2011

Teck to spend $685 million on upgrades

Teck Resources Limited (NYSE: TCK) will invest $210 million at its Trail Operations to increase its capacity to recycle end-of-life electronic waste and $475 million in a mill modernization project…