June 25, 2012 Prophecy Platinum arranges $11.25 million non-brokered private placement The company is intending to sell 5 million units at $2.25 a share, proceeds of the placement intended to advance its flagship property in Canada's Yukon Territory.
June 21, 2012 Xstrata to pay $342 million to execs after Glencore merger triggers ‘red-top alert’ The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.
June 19, 2012 Burundi makes nickel debut Burundi is slowly entering the global mining economy. Two imminent projects are Muremera nickel, in the target outline stage, and Musongati, targeting nickel, cobalt, copper and platinum.
June 18, 2012 Prophecy’s positive PEA prompts 12% gain After announcing an economic report today, shares in Prophecy Platinum traded hands at six times their usual volume.
June 18, 2012 First Nickel optimizes Lockerby Mine plan, resulting in an $87 million NPV First Nickel has updated and optimized its mine plan, result in a new $86.9 million net present value.
June 17, 2012 Australia: Mine, all mine By having too much of a good thing, the argument goes, Australia, or the “quarry in China’s backyard”, has become too dependent on commodity-led growth. That has made it lazy…
June 15, 2012 DeepGreen’s Clipperton project would make Nautilus’ Solwara 1 project look like ‘child’s play’ Peter Koven at the National Post looks at the Vancouver-based DeepGreen Resources, a private company that just signed 50% off-take agreement with mining giant Glencore International.
June 15, 2012 End of an epoch as Hong Kong exchange takes over 135-year old LME The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.
June 14, 2012 Scathing report calls India’s 2,600 mines ‘out of control’ Illegality in the mining sector has deprived state governments of badly needed revenues, threatened the industry with costly and unpredictable shutdowns, and generated political chaos that helped bring down two…
June 14, 2012 Duluth confirms massive potential of Twin Metals copper/nickel/pgm/gold resource A new independent technical report from AMEC confirms the vast tonnages and economic grades in the Duluth Metals/Antofagasta Twin Metals base and precious metals project in Minnesota.
Copper price nears $13,000 on tariffs woes, supply strain Mine outages, tariff risks and tight supply push copper toward a milestone despite weakening Chinese demand. December 29, 2025 | 05:51 am
