French uranium supply threatened by strike in Niger
Niger's uranium workers have downed tools over a dispute with Areva, the French nuclear power giant that owns the Imouraren mine.
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Surprised it lasted this long. Soviet-era palladium stockpiles said to be depleted
Apart from Russian reserves no longer distorting the market, South Africa's dwindling supply is bound to boost prices further.
We need to talk about how rare earth prices are imploding
Declines in Chinese rare earth export prices coming off 2011's record highs have been stark. But this year some light REEs have halved again and some heavies are now almost $2,500/kg cheaper.
Freeport McMoRan slapped with $6.8 million fine
US copper giant Freeport McMoRan has been ordered to settle claims worth $6.8 million for polluting areas around the Morenci Mine in Arizona.
Belo Sun cranks Volta Grande resource estimate 28%; M&I now at 2.85 million oz
Brazil-focused Belo Sun Mining (TSX:BSX) was up 6% today after the Toronto-based company released an updated resource estimate on its Volta Grande gold project.
Investors take a $1 billion chunk out of Potashcorp after earnings drop 26%
Potash Corporation of Saskatchewan dropped 3.4% when markets opened on Thursday, after revising its earnings guidance for the year and announcing a 26% drop in earnings.
Vale’s profits down by almost half – Q1 results
Vale, the second largest mining company, fell to the lowest in over six weeks today, after reporting its third consecutive drop in quarterly profit driven by declining iron-ore prices and output.
France’s Dassault to acquire Canadian mining software firm Gemcom for $360 million
French software and consulting services group Dassault Systèmes (EPA:DSY) unveiled today its plans to take over Canadian mining software provider Gemcom, in a cash deal worth about $360 million.
Barrick sells stake in Russian Highland Gold Mining cheap
Barrick Gold (NYSE:ABX)(TSX:ABX) announced today the sale of its entire 20% stake in Highland Gold Mining Limited (LON:HGM), the AIM-quoted Russian gold producer, at a price of 120 pence per share to undisclosed institutional investors.
