February 7, 2012

Panoramic Resources confirms hostile bid for competitor Magma Metals‎

ASX and TSX-listed Magma Metals (MMW) announced today the appointment of advisers in respect of the unsolicited proposed $40 million takeover offer for Magma by nickel miner Panoramic Resources Limited.

February 7, 2012

Xstrata and Glencore to close $90bn merger

After months of speculations and secret negotiations, Xstrata PLC (LON:XTA) and Glencore International PLC (LON:GLEN) have formally announced an all-share merger that would create a $90bn giant named "Glencore Xstrata…

February 7, 2012

Vale employees returning to work at Sudbury operations

Vale said the return to work process has begun at the company's five Sudbury area mines following a temporary suspension stemming from three fatalities at those operations.

February 3, 2012

URSA Major Minerals temporarily suspends operations at Shakespeare nickel mine

URSA Major Minerals Incorporated ("URSA Major" or the "Company") (TSX:UMJ) has temporarily suspended operations at the Shakespeare Nickel Mine, located 70 km west of Sudbury, Ontario.

February 3, 2012

68% lift in Magma Metals on $40 million takeover bid

Shares in ASX and TSX-listed Magma Metals rocketed 68% after Panoramic Resources, a nickel miner, launched a $40 million takeout bid.

February 2, 2012

Glenstrata: Not just mining’s biggest ever deal, a new kind of resource giant

Glencore International is in talks with Xstrata to merge in a deal that would create a $80 billion rival to BHP Billiton, Vale, Rio Tinto and China's Shenhua. Here's a…

February 1, 2012

BHP axes nickel operations in Western Australia

BHP Billiton Ltd., the world’s largest mining company and the fourth-largest nickel producer, announced today that is decreasing mining operations at its West Australian locations by 30 percent.

January 31, 2012

Vale closing eight mines while it investigates another fatality

After a recent mining fataility at Vale's Coleman Mine in Sudbury, the Brazillian miner is temporarily shutting down all eight mines in the region while it assesses safety procedures.

January 27, 2012

Nickel, copper, molybdenum and zinc demand all trending up

RBC Capital Markets forecasts copper demand growth of 3.6% in 2011, 5.5% in 2012, 5.6% in 2013, and trend growth of approximately 4.0% in 2014 and 2015.

January 25, 2012

No one thing to blame in miners’ deaths: Vale

Sudbuy Nickel company puts forth 30 recommendations after investigation into fatalities.