Activist hedge fund takes 5.2% of Cliffs Natural Resources, tells miner to spin off international assets
The company is using its position as one of the biggest share holders to push for some major changes.
Latest Stories
Integra Gold jumps after expanding high grade Quebec resource
Vancouver junior's 100%-owned Lamaque project now boasts 756,280 ounces grading 7.1 g/t gold.
Senegal wants mining industry to drive economy
Mining will be one of the country's 'pillars of development.'
Sugar battery runs better without lithium, platinum
Researcher see usage in portable electronics in as soon as three years.
Financing window opens for quality gold juniors
Mark O’Dea’s True Gold Mining has just announced a $36.6-million bought deal financing with RBC Capital Markets of $0.40 units with a half warrant at $0.47 good for six months.
Caterpillar sees ‘some signs of improvement’ but expects mining companies to further reduce costs in 2014
Expects sales and revenues to be similar to 2013 as sales to the resource industry decline modestly.
Gold price gains halted as ETF investors sell into rallies
Gold price ends its winning streak ahead of Fed meeting and amid continued ETF outflows.
Australia’s Wolf Minerals ready for construction of UK tungsten mine
The Hemerdon is believed to be the third largest tungsten resource in the world.
DRC mining billionaire turns 29,900% profit on oil deal
Perfecting a strategy honed with copper and gold, Dan Gertler sells back to the DRC an oil block for $150 million acquired 7 years before for $500,000.
