September 19, 2012

Greenland – The next mining destination

Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence…

September 19, 2012

Chile and Peru join forces to bring back foreign mining investment

They don’t often see eye-to-eye, but representatives of the Chilean and Peruvian governments have agreed to work together to attract declining investment to their copper mining sectors, and also increase…

September 17, 2012

Alphamin Intersects high grade tin, silver, zinc and lead with diamond drilling at its Bisie tin project, Democratic Republic of the Congo

Significant results include: 25.85m at 2.26% Sn including 5.8m at 8.55% Sn and 12m at 3.15% Sn including 3m at 6.14% Sn.

September 14, 2012

Wrong again Dr Copper: The best indicator of Chinese growth has slowed to 3.6%

The recent spike in the price of copper speaks of overoptimism.

September 13, 2012

Mining outlook for Canada’s North less promising than projected

Sinking global commodity prices have negatively impacted Canada’s North near-future mining outlook, but longer-term prospects for the industry in the three territories remain strong.

September 11, 2012

Teck confesses to a century of US river pollution

Diversified mining giant Teck Resources Ltd. (TSX:TCK.A) has confessed to polluting the upper reaches of Columbia River in Washington State for nearly a century with effluent discharge from one of…

September 8, 2012

Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.

September 7, 2012

Glasenberg grabs top job from Davis in new Glenstrata deal

Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it…

September 7, 2012

Vote on Glencore-Xstrata merger delayed due to ‘developments overnight’

Glencore International (LSE:GLEN) has postponed its Friday shareholder meeting where voting would have taken place on its proposed $34 billion takeover of Xstrata (LSE:XTA).

September 5, 2012

Nationalization is no help ending a mine fight in Bolivia

Over $1 million has lost Bolivia so far due to the conflict over rights at the silver, tin and zinc mine that used to belong to commodity trader Glencore (LON:GLEN),…