May 23, 2011

New underground lead/zinc/silver mine in Broken Hill to start next year

The Rasp underground mine in the heart of one of Australia' most historic mining centres -- Broken Hill's Line of Lode -- should be operating by April next year. Development…

May 20, 2011

Exxaro seeks bids for zinc assets

Reuters Africa reports Exxaro (JNB:EXX) has invited bids for the company’s stake in a zinc and lead mine in Namibia. The market news is quoted as saying: The assets up…

May 20, 2011

The next commodities bubble is coming sooner than you think

To hear the mainstream media tell it, the commodities bubble has burst. Commodities are plunging across the board in response to the latest U.S. data, most of which seems to…

May 19, 2011

China’s interest in Latin American commodities continues

Latin America used to be known for its economic and political instability. But it fought off the global financial crisis with relative […]

May 19, 2011

Levon announces closing of $40,170,000 offering

Levon Resources announced that it has today closed a previously announced financing pursuant to which the Company has issued 20,600,000 common shares at a price of $1.95 per share for…

May 19, 2011

Scorpio Mining reports record silver production in Q1 2011 and increases mine operating earnings by 123% from Q4 2010

Scorpio Mining achieved record mine operating earnings of $12.5 million in Q1 2011, an increase of 823% over mine operating earnings in Q1 2010 and 123% over mine operating earnings…

May 19, 2011

Glencore IPO expected to boost appeal of Hong Kong as a mining destination

Commodities trader Glencore's bumper public offering has increased interest in Hong Kong listings from across the mining sector and will prove a welcome boost to the bourse, a senior executive…

May 17, 2011

HudBay Minerals increases first quarter profit by 59%

HudBay Minerals Inc. has released its first quarter 2011 financial results. Net profit attributable to shareholders increased to $16.8 million or $0.11 per share in the first quarter of 2011,…

May 16, 2011

What’s driving the divergence of commodity prices

As the chart below demonstrates commodity prices are driven by different factors. The precious metals prices have been the hyperbolic driver of headline commodities news relative to the broader based…

May 16, 2011

John Kaiser: alternative energy fuels mining boom

Advances in energy and agriculture are creating demand for previously ignored metals such as scandium, tellurium and indium. In this exclusive interview with The Energy Report, Mining Analyst John Kaiser,…