Vale’s iron ore output just hit another record
Production of the steelmaking raw material jumped 11% to 86.2 million tonnes in the January-March period, compared to the same quarter a year earlier.
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American Augers upgrades bestselling surface miner
According to the company, its T1460 mechanical drive chain trencher is one of their bestsellers, as it is able to produce up to 16,000 psi rock
Goldcorp begins friendly $247 million takeover of Exeter
Exeter shareholders will receive 0.12 of a common share of Goldcorp for each they have in the junior — that's a premium of 67% based on the part's closing prices on the day prior to the announcement.
Production at Syncrude’s Mildred Lake oil sands to fully resume in June
Pipeline shipments would restart at approximately 50% of capacity in early May.
Mining’s environmental accomplishments unknown to American voters
A new poll by Morning Consult for the National Mining Association (NMA) shows that most American voters are unaware of the environmental and technological advancements in teh industry.
Newmont gets fresh shot at top gold miner spot
Chinese back out of $1.5 billion deal for Barrick's Kalgoorlie stake – JV partner Newmont has long expressed interest in acquiring half of Super Pit.
Minjar Gold attempt to grab Barrick’s stake in Super Pit falls through
The firm, a unit of Shanghai-listed Shandong Tyan Home, reportedly walked away from the deal due to recent tightened controls in China on outbound investment.
Recent Escondida strike may push Chile into recession
Analysts believe that would increase the chances of the country joining Latin America’s ongoing political drift to the right in November’s elections.
Silver prices poised for bullish run — experts
Speculators are long a net 105,515 silver futures contracts — the highest bullish position since Bloomberg records began in 1993 and more than three times the average weekly net long over that period.
