March 4, 2012

Green Monday: Glencore dividend payout gives Glasenberg a $110 million pay day

Ivan Glasenberg, CEO of  Glencore International stands to receive dividends worth roughly $110 million on Monday when the commodities giant announces its maiden full-year payment to shareholders.

March 4, 2012

Money returning for mining equity, bankers say

There's a new appetite for equity financing in the global mining sector, as investors tiptoe back into a market that has fretted about funding for the last six months. Boosted…

March 2, 2012

Rio Cristal updates status of its projects

VANCOUVER, BRITISH COLUMBIA and LIMA, PERU--(Marketwire - March 2, 2012) - Rio Cristal Resources Corporation (TSX VENTURE:RCZ)(BVL:RCZ) ("Rio Cristal" or the "Company") today provided a corporate progress report.

March 1, 2012

Glencore International to buy near 8% stake in junior zinc miner Trevali

Canadian junior zinc miner Trevali Mining (TSX:TV) said Thursday Switzerland-based commodities trader Glencore International (LON:GLEN) has agreed to buy a 7.8% stake in the zinc miner through a private placement…

February 29, 2012

Silvermet Reports Record Production and Sales in 2011

Silvermet Inc. ("Silvermet" or the "Company") (TSX VENTURE:SYI) is pleased to provide an operational update with a number of positive developments:

February 29, 2012

Scotiabank’s report paints optimistic outlook for copper, zinc and nickel

As Canadian exports of iron ore and uranium to China continue to increase dramatically, Beijing will benefit from higher-quality ore and diversification of supply sources, predicts economist Patricia Mohr in…

February 28, 2012

Teck CEO says zing is back in zinc

Lindsay's comments come despite forecasts of supply outstripping demand by at least 350,000 tonnes (some analysts put the figure as high as 539,000 tonnes) this year further putting pressure on…

February 27, 2012

Canadian junior Aquila Resources buying big in the U.S. zinc market

Canadian Junior miner Aquila Resources Inc. (TSX:AQA) announced this morning it has acquired the Five Mile Lake zinc project near Ely, Minnesota.

February 25, 2012

Vedanta consolidation to create world’s 7th largest natural resources company

London-based Vedanta Group (LON:VED) announced Saturday a merger of two of its subsidiaries, Sesa Goa and Sterlite Industries, into a new corporate entity to be named Sesa Sterlite.

February 17, 2012

Hecla busts company record with 148 million ounces of silver reserves

Hecla Mining reported the largest resource calculation in company history today with 148 million ounces of silver reserves and 281 million ounces of resources. The silver numbers represented a 4%…