March 5, 2012

Body blow for mining heavyweights as China growth expected to slow to near decade low

The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were…

March 5, 2012

Western Areas acquires 100% of Lounge Lizard and Kagara’s nickel assets

The Board of Western Areas is pleased to announce the Company has reached agreement with Kagara Limited ("KZL") to purchase 100% of Kagara Nickel Pty Ltd ("Kagara Nickel") including the…

March 4, 2012

Green Monday: Glencore dividend payout gives Glasenberg a $110 million pay day

Ivan Glasenberg, CEO of  Glencore International stands to receive dividends worth roughly $110 million on Monday when the commodities giant announces its maiden full-year payment to shareholders.

March 2, 2012

New study says 66% of institutional investors choose Africa as number one destination. No wonder. Have you seen the size of that place?

A new survey by The Economist Intelligence Unit finds when institutional investors interested in frontier markets were asked to choose two regions out of five, two-thirds see Africa – projected…

March 2, 2012

Glenstrata is still far from a done deal

March 1, 2012

Global nickel surplus may constrain stainless steel pricing

Surplus nickel and Chinese nickel pig iron production, may combine to lower nickel prices and keep stainless steel prices in check.

March 1, 2012

Union calls for criminal charges against Vale over nickel mine fatalities

A United Steelworkers investigation says Vale's Stobie nickel mine fatalities could have been avoided and has called on the Ontario Government to bring criminal charges against the company.

February 29, 2012

OFL accuses Vale of whitewashing investigation into double fatality, calls for criminal investigation

Ontario Federation of Labour President Sid Ryan accused multinational mining corporation, Vale, of whitewashing an internal investigation into a 2011 double fatality at its Stobie Mine in Sudbury. ULAANBAATAR, MONGOLIA--(Marketwire…

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.