May 10, 2012

The commodity megatrend

Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the 20thcentury. The new and long-term upward trend began with most commodities in late…

May 10, 2012

Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory

The oil and natural gas rich nation's stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to…

May 10, 2012

BHP merging embattled aluminum and nickel divisions

BHP Billiton (NYSE:BHP) added to market rumors that its nickel business is not relevant for the miner anymore by announcing yesterday it had merged the stainless steel materials unit with…

May 8, 2012

New legal challenge filed against UP nickel mine

A private club in Michigan's Upper Peninsula has filed a federal lawsuit to halt construction of a nickel and copper mine, saying Kennecott Eagle Minerals Co. did not obtain necessary…

May 7, 2012

Commodities up after early drubbing on Europe; nickel jumps

Commodities rebounded on Monday after the huge selloff of the previous session, with nickel staging a big rally and bargain hunting lifting oil prices from their lows after investors shrugged…

May 7, 2012

Flood of nickel sparks price warning

More nickel coming onto the market from new or restarted mines is likely to depress the price of the metal used mainly in steelmaking, says Intierra:

May 6, 2012

South Africa mine casualty figures at record low

Miningmx.com reports April has seen the lowest number of mining fatalities ever in South Africa, according to figures released by mines minister Susan Shabangu.

May 6, 2012

Budget ‘must reveal’ mining tax details

CLIME Asset Management founder John Abernethy has called on companies hit by the government's controversial mining tax to immediately disclose the financial impact on their business or face reprimands from…

May 5, 2012

Goliath vs David and Goliath battle brewing over world-first ‘stainless steel’ deposit

Vancouver's First Point Minerals served notice of arbitration on Cliffs on Saturday because the iron and coal giant refuses to hand over crucial information about the tiny explorer's Decar project,…

May 5, 2012

Cliffs Refuses to Provide First Point with Key Data on Decar Project

First Point Minerals Corp. announces that it has served notice of arbitration on Cliffs Natural Resources Exploration Canada Inc. and Cliffs Natural Resources Exploration Inc. (collectively "Cliffs") over Cliffs' refusal…