November 9, 2012

Nickel miner Talvivaara falls on radioactive leak worries

Shares of nickel producer Talvivaara (LON:TALV) dropped down over 10% on Friday over reports the firm had failed to solve a waste water leak at a nickel and zinc mine…

November 9, 2012

Aboriginal land council amenable to uranium mining in Western Australia

The chairwoman of the Broken Hill Aboriginal Land Council has declared that she is open to possibility of uranium mining in the region.

November 7, 2012

Paladin Energy to cut costs by $80 million

Uranium miner Paladin Energy (TSX:PDN)(ASX:PDN) is targeting up to $80 million in cost reductions over the next two years and putting a freeze on development as the price for uranium…

November 7, 2012

China’s overseas mining and metals M&A’s surge in value, momentum set to persist through next year

The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.

November 6, 2012

Uranium One drops to year-low after suffering net loss

The $1.88 billion miner lost $62 million during the quarter as uranium prices continue to drift lower.

November 6, 2012

Is Pakistan’s paranoia pushing it into a nuclear war with India?

The possibility of a nuclear war between Pakistan and India grows every day.

November 6, 2012

Canada to supply India with nuclear energy

After two years fine-tuning details of their nuclear cooperation agreement, Canada and India have finally reached consensus and the countries representatives announced Tuesday a deal that will see Canadian companies…

November 5, 2012

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

November 4, 2012

Australia’s Greens call for $26bn in mining tax revenue over next four years

The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to…

November 3, 2012

Mining boom’s second wind to arrive in 2020

The head of the Australian Stock Exchange says the country should prepare for another mining boom in around a decade's time by providing exploratory tax concessions to resource juniors.