February 29, 2012

Scotiabank’s report paints optimistic outlook for copper, zinc and nickel

As Canadian exports of iron ore and uranium to China continue to increase dramatically, Beijing will benefit from higher-quality ore and diversification of supply sources, predicts economist Patricia Mohr in…

February 24, 2012

Sherritt expects volatile nickel market

Sherritt International Corp. expects a volatile nickel market this year and next as the global demand picture for the commodity remains unclear, according to its top executive.

February 20, 2012

Quadra FNX Securityholders Approve Plan of Arrangement With KGHM

Quadra FNX Mining Ltd. ("Quadra FNX") (TSX:QUX) is pleased to announce that its securityholders have approved the previously announced plan of arrangement (the "Arrangement") involving Quadra FNX, 0929260 B.C. Unlimited…

February 14, 2012

Vale resuming Sudbury operations, says no 2012 production impact

Brazillian miner Vale SA said Tuesday it is gradually resuming mining at its underground nickel operations in Sudbury, Canada.

February 12, 2012

BHP Billiton not ruling out production cutbacks

GLOBAL mining giant BHP Billiton yesterday warned that it could scale back production at unprofitable operations as commodity prices softened due to economic uncertainty. But BHP chief Marius Kloppers said…

February 12, 2012

Glencore-Xstrata deal terms ‘must be revisited’

TORONTO: Fidelity Worldwide Investment said that while it supports Glencore International plc's STG23.8 billion (RM112.5 billion) takeover bid for Xstrata plc "in principle," the terms of the deal "need to…

February 10, 2012

Norilsk to open 40,000 t/y nickel project in Australia

Nickel major Norilsk is preparing to start its Honeymoon Well project, in Western Australia, following positive studies completed in 2011, director of overseas operations Roman Panov said this week.

February 9, 2012

Vale’s Sudbury mines to resume production

February 9, 2012

BHP may sell $10 billion of smelters, mines, Deutsche Bank says

BHP Billiton Ltd., the largest mining company, may consider selling about $10 billion of aluminum, nickel and coal mines and smelters as it trims its portfolio, Deutsche Bank AG said.

February 8, 2012

BHP H1 earnings up 8% on record iron ore, gas production

BHP Billiton raked in US$18.7 billion in the half-year ended December 31, 2011 — an 8.3% increase in Underlying EBITDA from the second half of 2010.