December 22, 2012

BHP rejects $50 million offer for Port Hedland resort

BHP Billiton has turned down a AUD 50 million offer from a consortium of investors for a collapsed resort project at Port Hedland. BHP's move is expected to lead to…

December 17, 2012

LME hits record volumes on last independent day

149.6 million lots carrying a notional value of $13.6 trillion ahead of Hong Kong takeover completion.

December 11, 2012

Glencore-Xstrata deal hits South African snag

Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.

December 11, 2012

Barminco appoints new CEO

Leading underground hard-rock mining contractor, Barminco Holdings Limited (Barminco or the Company), is pleased to announce Peter Stokes has been appointed as Chief Executive Officer.

December 4, 2012

Norilsk billionaires end dispute as Russian tycoon steps in

Mining billionaire Roman Abramovich, the Russian tycoon who owns the Chelsea soccer club, has stepped into Norilsk Nickel’s long-running management dispute between its two main shareholders by buying a 7.3%…

December 4, 2012

The copper clash and the reclusive Russian billionaire

Russian billionaire Vladimir Iorich keeps a low profile, but has shown he’s ready to play for high stakes – as some shareholders in mining companies he covets have discovered.

December 2, 2012

Key LME broker vows to stay on after HKEx deal

London Metal Exchange's largest broker says HKEx purchase will help its Asian expansion

November 30, 2012

Belvedere reports financial and operating results for third quarter of 2012

Highlights: Production of 535.9 tonnes of nickel in concentrate, revenues of CDN$ 8.49 million (Q2 2012: CDN$ 11.38 million).

November 26, 2012

Seven familiar names shortlisted to head Anglo

Well-known executives headhunted from major mining companies such as BHP Billiton, AngloGold Ashanti, Barrick Gold and Xstrata have made the cut to become Anglo American’s new CEO.

November 25, 2012

Indonesia’s tin mining brings more problems than wealth: report

Tin mining is a profitable but damaging trade that has scarred the Indonesian island of Bangka, a granite outcrop just east of Sumatra, reports English newspaper The Guardian.