September 17, 2012

Nuinsco announces 43-101 mineral resource estimate at CBay’s Corner Bay copper deposit in Quebec

"With 825,000 tonnes of M&I resources grading 3.42% copper, the partially-developed Corner Bay deposit is the most likely target for first production from CBay's Chibougamau assets," said CBay's CEO Roland…

September 14, 2012

Wrong again Dr Copper: The best indicator of Chinese growth has slowed to 3.6%

The recent spike in the price of copper speaks of overoptimism.

September 13, 2012

‘Eastwooding’ space miners pitch ideas to ‘invisible Obama’

No U.S. president has waxed as poetically about mining the moon the way John F. Kennedy did about landing on it. But that didn't stop four entrepreneurs from making their…

September 12, 2012

Greenstone confirmed as Gateway to Northern Ontario’s Ring of Fire

Municipality to take advantage of mining exploration projects in the area.

September 8, 2012

Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.

September 7, 2012

Glasenberg grabs top job from Davis in new Glenstrata deal

Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it…

August 30, 2012

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss…

August 20, 2012

Philippine miners duck taxes by selling gold on the black market

Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.

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…