First Uranium receives $25 million from AngloGold
The figure corresponds to the balance of the $335 million sale of its subsidiary Mine Waste Solutions to AngloGold Ashanti in March last year.
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South Africa to announce decision on Glencore–Xstrata on Tuesday
South Africa's Competition Tribunal will publish its official decision on the proposed Glencore-Xstrata merger tomorrow.
South Africa’s Gold Fields output hurt by strikes
The company warned Monday it would report lower production figures for the October-December quarter, mainly due to the strikes that hit its South African operations last year.
Latin America the best positioned to face commodity price collapses: S&P
Latin America will benefit from having “more firepower” than other regions, as strong international reserves are already helping those countries face commodity price collapses, said Lisa Schineller, Standard & Poor's economist.
Canada firm as top mining destination: report
Exploration investment in the country reached a record high of $3.9 billion in 2011, with the three territories receiving 22% of the total international spending for the year.
Rio Tinto fighting to keep Australia in top iron ore producer spot
Even with significant ore bodies coming on stream from 2015 onwards in Brazil (Anglo’s Minas Rio and Vale’s Serra Sul), Australia will be able to keep its crown in this commodity kingdom thanks to Rio, say analysts.
Report: Anglo American set for $5bn Minas Rio writedown
Delays at the Brazilian iron ore project cost Anglo and former CEO Cynthia Carroll dearly.
Codelco’s longer term ambitions undiminished: targets 2.5m tonnes a year
Output expected to be up 42% by 2021.
