OZ Minerals, Southern Copper shopping for South American mines
US-based Southern Copper and Australia's Oz Minerals are both looking to acquire assets in South America, according to media reports Wednesday.
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De Beers diamond production down 16% in Q1
Diamond production by De Beers decreased to 6.2 million carats in the first quarter. This is a decline of 16 percent year-over-year and 4 percent compared to the fourth quarter of 2011.
Codelco chief says copper to test year lows
Codelco is responsible for roughly 10% of global copper production and acts as a bellwether for the industry.
Ivanhoe Australia: Scoping study shows 2.4B pounds copper, 2.2M ounces gold at Mount Elliott
Ivanhoe Australia Limited (ASX:IVA), a separate company from $10-billion market cap Ivanhoe Mines but sharing CEO Robert Friedland, had an up-day in […]
Analysts raise uranium targets as producers show signs of life
One year after Japan’s Fukushima nuclear crisis, analysts are hiking ratings and price targets on uranium companies that have posted some impressive gains of late.
Diamond prices tipped to sparkle
An expert has tipped the price of diamonds to rise by more than 30 per cent over the next two years because of expected consolidation in the industry and increasing investor interest in the sector.
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Deputy President calls for more state involvement in South African mining
Tallk of nationalizing South Africa's mining industry may have quieted down recently, but that hasn't stopped some government officials from fanning the flame.
Chinese steel output hits all-time high in April. Should be good news, right?
While China's steel output is hitting a record rate of over 2 million tonnes per day stockpiles of iron ore are growing at a clip of 1 million tonnes per week at the country's ports.
