August 7, 2012 Xstrata to create world’s biggest zinc mine Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.
August 6, 2012 After burning fingers in Congo, First Quantum is going big in Zambia The Vancouver-based miner inked a deal with a Zambian firm for a new mine on Monday adding to its already ambitious expansion plans totalling $3.7 billion which includes building one…
August 5, 2012 Eight nickel shipments completed from Berong output in H1 TOLEDO MINING Corp. Plc. completed eight shipments of nickel ore in the first half from output produced at a Palawan project, the […]
August 3, 2012 BHP Billiton takes $2.84 billion hit on shale gas asset Record low gas prices in North America will result in BHP Billiton (NYSE:BHP) taking an impairment of US$2.84 billion (before tax) against the carrying value of the Fayetteville shale gas…
August 1, 2012 Royal Nickel gets $12 million of government help for its $1.8 billion Dumont nickel project Royal Nickel (TSE:RNX) announced that the Ressources Québec, a resource investment arm run by the province, gave the company $12 million in return for 0.8% of the net smelter return…
August 1, 2012 No more queuing – LME embarks on warehouse review LME's warehousing operations "have been dogged by controversy since big banks and trading houses including Goldman Sachs and JP Morgan Chase bought warehousing operations."
July 31, 2012 Retreating ice reveals huge riches in Greenland Business Insider has the story about Greenland and global warming, which is peeling back thick ice and uncovering vast mineral wealth.
July 27, 2012 Not convinced Chinese trade is a disaster? Take a look at these shipping numbers Examples: Worldwide orders for dry-bulk vessels dropped 49% to 9.8 million deadweight tons in the first half of 2012. The monthly index of new-ship prices in China is now at…
July 21, 2012 No signs of the mining boom ending for Australia any time soon: studies There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an…
July 19, 2012 Nickel inventories at 13-month high. ‘No hint’ of demand pick-up Ample stocks of ore and metal in China, together with overcapacity outside China, means that the nickel market is unlikely to get particularly tight for the foreseeable future.
New York copper price surges again, Shanghai sets record Copper jumped by more than 5% to the highest level since the short squeeze in July. December 26, 2025 | 12:18 pm
