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%…

February 15, 2012

Abcourt Mines soars 23% on high silver grades

Canadian junior explorer Abcourt Mines (TSX-V:ABI) has intercepted a high-grade silver zone at its Abcourt-Barvue orebody in Quebec.

February 15, 2012

Nyrstar’s meteoric rise as a miner

Born of two established metals companies as a pure smelting play in 2007, Brussels-listed Nyrstar NV has since grabbed a commanding position in the zinc supply chain with no sign…

February 14, 2012

Zinc Glut Expanding to Almost Two-Decade High Threatens Rally

The largest glut of zinc in almost two decades is threatening to curtail a rally in prices as record production expands inventories to the highest since at least 1984.

February 14, 2012

Teck buy-in rumour has Fortescue shares jumping 5%

Fortescue Metals was up 5% Monday on rumours that Canadian coal and copper/zinc miner Teck Resources is making a play for the third-largest iron ore producer in Australia.

February 13, 2012

Chinese company invests in Canadian Zinc

Canadian Zinc Corp., the company developing a new zinc mine in the Northwest Territories, announced a major share purchase by a Chinese investor today.

February 12, 2012

Glencore-Xstrata deal terms ‘must be revisited’

TORONTO: Fidelity Worldwide Investment said that while it supports Glencore International plc's STG23.8 billion (RM112.5 billion) takeover bid for Xstrata plc "in principle," the terms of the deal "need to…

February 12, 2012

BHP Billiton not ruling out production cutbacks

GLOBAL mining giant BHP Billiton yesterday warned that it could scale back production at unprofitable operations as commodity prices softened due to economic uncertainty. But BHP chief Marius Kloppers said…

February 10, 2012

Inmet fourth-quarter profit slumps by a third

Canadian copper-zinc producer Inmet Mining earned a third less profit in the fourth quarter than the same period a year ago.