MINING.COM

Vale invokes force majeure at nickel project

Vale, the world's second-biggest nickel producer, said on Thursday it would suspend sales and purchase agreements at its Goro project on the French Pacific island of New Caledonia after an accident at the mine's sulfuric acid plant.

Reuters | May 11, 2012 | 5:45 am

Will a Euro breakup boost gold and silver prices?

Greek politicians are struggling to form a new government. Concerns are increasing that Greece will drop the euro.

The Gold Report | May 11, 2012 | 5:37 am

20-billion-tonne iron ore mine in Bolivia in jeopardy

Malaysian News Agency Bernama.com reports that a huge iron ore mine in Bolivia may be doomed as a result of conflicts between the proponent and the Bolivian government.

Andrew Topf | May 11, 2012 | 4:51 am

Rio says iron ore to stay strong even as other mining segments ‘come off the boil’

"It's not just resources versus the rest of the economy, it's iron ore versus the rest of resources versus the rest of the economy."

Frik Els | May 10, 2012 | 10:43 pm

Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory

The oil and natural gas rich nation's stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to push through the $90 billion merger with Xstrata.

Frik Els | May 10, 2012 | 7:28 pm

Ritchie Bros pays $64 million for AssetNation

Mining and construction equipment auction house Ritchie Bros. has acquired AssetNation Inc., an online provider of surplus and salvage assets, for US$64 million.

MINING.com Editor | May 10, 2012 | 7:28 pm

Gold going to $1,840 on more stimulus: Goldman Sachs

Despair not, gold investors. Goldman Sachs hasn't given up on bullion. Despite a significant selloff in the yellow metal in recent days, bottoming out at four-month lows, Goldman Sachs is still forecasting a rally in gold this year.

Andrew Topf | May 10, 2012 | 7:00 pm

Good news from West Timmins gives Lake Shore Gold 8% bump

Lake Shore Gold added 8.2% on Thursday after announcing positive financial and operating results for the first quarter as it accelerates a $160 million capex programme for the year.

Frik Els | May 10, 2012 | 6:34 pm

Pipeline pictured: The Keystone XL infographic

Confused about the political machinations surrounding the Keystone XL pipeline, or baffled by talk of crude oil discount rates, Oklahoma bottlenecks and Texas Gulf refining capacities?

MINING.COM Staff Writer | May 10, 2012 | 6:04 pm

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