January 18, 2012

Baja Mining announces further draw of US$100 million of senior debt for Boleo

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Baja Mining (TSX:BAJ)(OTCQX:BAJFF) today announced that its 70 per cent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V. (MMB) drew…

January 17, 2012

Commodities face twin macro risks in Europe, China, Morgan Stanley says

Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.

January 16, 2012

Inmet Mining Announces 2011 Production and 2012 Objectives for Operating Mines

TORONTO, CANADA--(Marketwire - Jan. 16, 2012) - Inmet Mining Corporation (TSX:IMN) is pleased to announce its production by operating mine for 2011, and production and cash cost objectives for 2012.

January 16, 2012

Eurometeaux gears up for EU carbon tax talks

The metals lobby group is gearing up to meet with the European commission at the end of January to persuade it to grant the sector full exemption from the indirect…

January 13, 2012

Xstrata renews contract with Industrea for Black Star

Global mining products and services provider Industrea has signed a renewal contract through Industrea Mining Services (IMS) for the hire, service and support of equipment to Xstrata for its Black…

January 12, 2012

Silver Standard ups silver production from Pirquitas by 12%

Silver Standard Resources (TSE:SSO) Thursday provided an update on operations at its Pirquitas mine in Jujuy, Argentina and announced guidance for 2012.

January 12, 2012

Cadmium is the new lead: jewelry removed from Target, Saks, Gap and others

The Washington Post reports in a move reminiscent of the crackdown on lead in toys, more than a dozen major retailers including Target, Saks and Gap, are voluntarily halting sales…

January 12, 2012

LME says sell-out decision February as 2011 contracts value surges 33% to $15 trillion

Reuters reports the London Metal Exchange has been approached by several   potential bidders and will consider takeover proposals in late February according to its CEO. The LME handles some 80% of…

January 11, 2012

Hecla must shut down Lucky Friday for entire year, stock down 20%

US mine safety authorities on Wednesday ordered Hecla to shut down the silver shaft at its Lucky Friday mine for the rest of the year following a rockburst in December…

January 10, 2012

TSX rallies to 2-month high led by base metals miners

Toronto's commodity-heavy stock index hit its highest level in two months on Tuesday as healthy Chinese import data and a constructive outlook from U.S. aluminum giant Alcoa boosted confidence in…