March 26, 2012

Iberian Minerals reports 2011 net income of $173.7 million

The Company reported net income of $173.7 million for 2011, representing $0.42 per share.

March 26, 2012

Baja Mining urges shareholders: Vote the Gold Proxy

aja Mining Corp. (TSX:BAJ)(OTCQX:BAJFF) today announced that it has filed and is mailing a third and final letter to shareholders regarding the proxy contest initiated by dissident Mount Kellett Master…

March 24, 2012

First Nations say Manitoba should hurry up mining files

Governments of all levels have been criticized by the slow pace of regulatory approval for mine and exploration permitting. Now First Nations groups, according to an editorial in the Winnipeg…

March 24, 2012

Zinc sees end to metal fatigue

Zinc could soon be in the pink. The metal used primarily to galvanize steel has slumped 20% from last year's highs, under pressure from ample mine supply and a slowing…

March 22, 2012

Glencore-Xstrata merger won’t happen this year

EU regulators are stepping up scrutiny of the mooted $90 billion merger of the commodities trader and coal giant and the whole vetting process could take until early 2013. That…

March 22, 2012

Investors give miners another kicking after China manufacturing shrinks

None of mining's top companies escaped the carnage on Thursday after a survey of manufacturing in China showed activity slowed for a fifth straight month.

March 22, 2012

Metals Economics Group pipeline activity index, March 2012

Metals Economics Group (MEG) Pipeline Activity Index (PAI) slid for the third consecutive month in January to its lowest level since mid-2010, before showing some encouraging signs of recovery in…

March 22, 2012

Global mining firms face energy crisis

Global mining firms say energy vulnerability is a risk they worry about in one of the last relatively unexplored countries, which is thought to still have big undiscovered deposits even…

March 21, 2012

Canada’s Quebec budget banks on mining royalties to balance books

The government of Quebec, Canada’s most indebted province, is banking on a royalty windfall from its natural-resources sector, especially mining, to help begin its long climb out of the red.

March 21, 2012

Aquila Enters Into Operating Agreement with HudBay Minerals for Back Forty Project

Aquila Resources Inc. (TSX: AQA)(OTCQX:AQARF)(FRANKFURT:JM4A) ("Aquila" or the "Company") is pleased to announce the Company has entered into an Operating Agreement with HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) ("Hudbay") to advance work…