Brazil mining investment to top $75 billion by 2016
Brazilian investment in mining is about to shatter a five-year record.
Latest Stories
‘We’ll believe it when we see it’: PotashCorp CEO on BHP’s Jansen mine
PotashCorp chief executive Bill Doyle threw down a challenge to rival BHP Billiton today, saying in an interview with The Financial Post that he doesn't believe the world's biggest miner is able to establish a potash beachhead in Canada with its Jansen mine.
Grupo Mexico profit jumps 35% on higher production
Major copper producer Grupo Mexico reported a 35% jump in first-quarter profit, helped in part by higher mine production numbers.
Report: Mongolia going the way of Zimbabwe with mandatory state control of foreign miners
Draft legislation, a copy of which was seen by the Financial Times on Wednesday, gave "the clearest sign yet that Mongolia is uncomfortable with the large foreign investments that have so far been a mainstay of economic growth."
Strike and lower copper price hurt First Quantum production
A lower copper price and a strike at its Kansanshi mine in Zambia has bit into the bottom line at Africa-focused base metals producer First Quantum Minerals.
Scientists trying to breathe new life into Europe’s dying metals mines
EuroNews reports on a trend becoming more common in European metal mines: the high cost of extraction amid depleted resources.
Orko Silver slips 11% despite release of engineering study
Releasing the results of a new engineering study failed to move the markets in a positive direction today for Orko Silver (TSX-V:OK), although the resource-heavy Toronto exchanges were also in the red.
Colombia to spend nearly $1.3 billion in coal-related ports expansions
Colombia’s leading coal producers are increasing investments dramatically to improve and expand their ports, in what is considered a key move for rising coal production in the country to 120 million tons within by 2014.
Brazilian Gold gives long-suffering investors something to smile about
Brazilian Gold Corporation jumped 13.5% on Wednesday on three times usual trading volumes, after announcing positive metallurgical test work at its São Jorge deposit in northern Brazil.
