June 27, 2012 Glencore ‘ready to pull’ Xstrata merger While both Davis and Glencore CEO Ivan Glasenberg would suffer blows to their reputations as dealmakers if the merger should collapse other parties stand to lose more.
June 27, 2012 2012 survey of Canadian mine wages Fifty-six mines across Canada provided data on wages paid in 2011. Thirty-four are union mines; and twenty-two non-union. Forty-five reported increased wages while eleven made no changes. None decreased wages.
June 26, 2012 Bashed billionaires: Lakshmi Mittal is mining’s biggest loser Firstpost reports after a 5% salary increase Lakshmi Mittal took home $1.74 million last year working as the CEO of ArcelorMittal. The […]
June 25, 2012 Teck receives regulatory approval for renewal of share buy-back program Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer…
June 25, 2012 Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.
June 22, 2012 Baja Mining thanks shareholders for their support and provides project update On the table at the company's annual shareholder's meeting in Vancouver were cost overruns, operating costs and new funding requirements.
June 21, 2012 Billions wiped off metal stocks after China, EU and US deliver economic shocks The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a…
June 21, 2012 Bolivia won’t pay Glencore for taking its mine Bolivia’s leftist government announced it won’t pay any financial compensation to Swiss miner Glencore after yesterday’s decision to take over its Colquiri tin and zinc mine.
June 20, 2012 Baja Mining has 45 days to come up with money for Boleo Besieged Baja Mining (TSX:BAJ) added another 14% on Wednesday following good gains the day before to trade at $0.205 after announcing it had negotiated a 45-day standstill agreement with lenders…
June 18, 2012 Major shareholder sues Baja Mining over ballooning costs, management Baja says it "intends to defend this action vigorously."
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am