April 10, 2012

New report shows resource investors cannot pick a worse spot to put their money than Toronto

Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone…

April 10, 2012

Vedanta Group says mining ban in India hits iron ore output

London-listed diversified miner Vedanta Resources (LON:VED) announced today a significant drop in its full-year iron ore output, attributed to both a mining ban in India’s southern state of Karnataka and…

April 9, 2012

Glasenberg – 1, Xstrata shareholders – 0

The $2.6 billion Qatari investment could provide Glencore CEO Ivan Glasenberg the necessary backing he needs to push through the deal which many Xstrata shareholders say sell them short.

April 9, 2012

FT: Spain and Portugal on the brink of mining renaissance

TSX-listed Emed Mining hopes to re-open the Rio Tinto copper mines in southern Spain after an almost 30-year hiatus.

April 6, 2012

The ‘lunar trajectory’ of Canadian mining investment

The source of the surge in mining investment has been quite diverse, reflecting the widespread advance in prices. For 2012, gold leads the way with $3.6 billion of capital spending.…

April 5, 2012

JPMorgan: We don’t speculate with metals

"We store significant amounts of commodities, for instance silver, on behalf of customers. We operate vaults in New York City, in Singapore and in London. Often when customers have that…

April 5, 2012

FT: ‘Inbred’ miners may admire Hannam, but many not ‘too sad’ to see him go

"Resources groups and the bankers who promote them merit close scrutiny since minerals have been linked in the past with financial scandals and market manipulation, from the nickel bubble that…

April 5, 2012

Nullagine iron ore mine extended by 1.5 years

BC Iron's Nullagine mine in Australia will produce another 18 months thanks to an updated mineral resource at it Bonnie East deposit.

April 5, 2012

Too much of a good thing?

A recent study published by Canberra-based think tank The Australia Institute calls for a slowdown in mining investment.

April 4, 2012

‘Shocking’ trade numbers have some Australians calling the end of the mining boom

The commodity price cycle peaked in the third quarter of last year.