June 28, 2012 Brazil grants Vale license to expand world’s largest iron ore venture Brazilian mining company Vale has been granted a preliminary environmental license for its S11D mine, an extension of the company's giant Carajas complex, which is posed to be the world’s…
June 27, 2012 2012 survey of Canadian mine wages Fifty-six mines across Canada provided data on wages paid in 2011. Thirty-four are union mines; and twenty-two non-union. Forty-five reported increased wages while eleven made no changes. None decreased wages.
June 27, 2012 Asbestos found at Rio Tinto’s iron ore mine in Australia The West Australian Department of Mines and Petroleum is investigating evidence of asbestos contamination at Rio Tinto's West Angelas iron ore mine, in the Pilbara region.
June 27, 2012 Glencore ponders changes to Xstrata deal as major shareholder demands better terms Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.
June 27, 2012 Orbite signs memorandum of understanding with Asian giant Nalco and announces positive results from Its Red Mud remediation process Orbite has signed a non-binding agreement to test its new technology on Nalco's ores and red mud – residue which is left after alumina extraction.
June 27, 2012 Altius Minerals corporation (TSX:ALS) reports annual net loss of $4,611,000 Altius Minerals reported a net loss attributable to common shareholders of $4.6 million for the year. Altius previous year's earnings included the sale of an iron ore project to Alderon…
June 26, 2012 Bashed billionaires: Lakshmi Mittal is mining’s biggest loser Firstpost reports after a 5% salary increase Lakshmi Mittal took home $1.74 million last year working as the CEO of ArcelorMittal. The […]
June 26, 2012 Mongolian coal mining stops, drops and … Mongolian Mining Corp hit a record low today as investors looked at the likelihood of more restrictive investment policies to be implemented after Mongolia's parliamentary elections this week.
June 26, 2012 Tara Minerals acquires 100% of Champinon iron ore property The property, situated in Mexico, was purchased for $2.1 million. Under this acquisition agreement the previous royalty of $5 a tonne has been eliminated.
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.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
