May 2, 2012

New watchwords at BHP: sequencing, discipline, cash flow

BHP Billiton addressed shareholder concerns about its ambitious investment plans in four mega-projects on Wednesday saying it will match capital expenditures closely with cash flows and stagger the project pipeline.

May 2, 2012

US metal and industrial metal mine salaries for 2011

There is no such thing as an average miner.  There is no such thing as an average salary.  Yet we can get some idea of how well mining people are…

May 1, 2012

2011 wages for US metal and industrial mineral mines

There are conventionally 2,080 work hours in a year. Thus somebody earning a wage of $20 an hour gets the equivalent of a salary of about $42,000. Considering the mine…

May 1, 2012

Mining blamed for Canadian economy unexpected dip in February

Canada's gross domestic product surprisingly dropped 0.2% in February, with all fingers pointing at the manufacturing and mining sectors, particularly potash and nickel producers, as the main responsible, says the…

May 1, 2012

Xstrata copper production down, but Q1 financial performance solid

Anglo-Swiss Xstrata Plc. (LON:XTA) reported today mixed production results for its first quarter, with copper production declining 18%, but said operating and financial performance remains strong.

May 1, 2012

Sun Metals to maintain zinc deliveries despite supplier collapse

The Australian miner, a subsidiary of Korea Zinc, said Tuesday its Zinc output target was still achievable despite the collapse of key supplier Kagara Ltd

April 27, 2012

Social responsibility in mining is basic risk management, not feel-good projects

Corporate Social Responsibility initiatives by mining companies operating in emerging markets in South America, Africa and Asia have become a crucial part of doing business as “above-ground risks are quickly…

April 27, 2012

Nautilus Minerals lists on OTCQX International

Canada-based Nautilus Minerals Inc. announced today that its common shares are now trading on the OTCQX International for greater access to the U.S. capital markets.

April 27, 2012

Mount Kellett demands Baja CEO quit

Mount Kellett Capital Management, a 20% shareholder in Baja Mining (TSX:BAJ), has escalated the war of words between the two companies by demanding the resignation of Baja CEO John Greenslade…

April 24, 2012

Record revenues for Teck despite lower metals prices

Teck Resources fought against lower metals prices to post record revenues for the first quarter.