September 28, 2012

Colombia renews controversial mining contract with BHP

The debated contract, that has Colombian authorities divided over the terms under which BHP Billiton should operate the Cerro Matoso nickel mine, found a momentary solution this week after the…

September 27, 2012

Norilsk Nickel looks to acquire PGM licenses in Africa despite risk

At the Russia Investment Summit, Norilsk Nickel CEO Vladimir Strzhalkovsky said the company looks to obtain licenses for platinum group metals deposits in South Africa to increase its resource base.

September 27, 2012

Survey: Finland is top mining destination, Mexico jumps 16 places

Australia's Dragon Mining announced the discovery of a promising new area of gold deposits in Kuusamo, Finland, only hours after the country was announced as the top destination for mining…

September 26, 2012

Xstrata closes nickel mine in Australia

Diversified miner Xstrata (LON:XTA) announced Wednesday it is suspending operations at its Cosmos nickel mine in Western Australia, as nickel prices have plummeted dramatically.

September 23, 2012

Australia trade minister: No mining bust, but cutbacks and even new taxes needed

Both Australian trade minister Craig Emerson and treasurer Wayne Swan over the weekend entered the debate over whether the country is facing a period of decline as the country's resource-led…

September 22, 2012

Drill baby drill, the secret to prospect generation

Prospect generators Duane and Morgan Poliquin of Almaden Minerals Ltd. have a business model that works: find a prospect.

September 21, 2012

Xstrata gets an extra week to decide on Glencore merger

Diversified miner Xstrata (LON:XTA) and commodities trader Glencore International (LON:GLEN) have now until October 1 to decided on the $36 billion lauded merger.

September 20, 2012

Brazil a step closer to fully mining the Amazon

A controversial project to mine Brazil's vast indigenous territories in the Amazon, to be presented at the South American country’s Congress in October, has revived a long-dragged confrontation among authorities,…

September 19, 2012

Nautilus Minerals plumbs new depths, comes up smelling of roses

Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.

September 19, 2012

Greenland – The next mining destination

Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence…