JFE Steel sees slightly lower Q1 output than Q4
The Japanese steelmaker expects its crude steel production in the January-March to be flat or slightly down on than that of the October-December period.
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Anglo American mulls sale of Amapa iron ore stake – sources
Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.
Chiquita, Tides Canada defend oilsands activism
Chiquita has denied that it's boycotting Canada’s oilsands as a fuel source for shipping its fruit. Instead, the company said it’s just expressing a “preference for fuels with lower than normal greenhouse gas footprints wherever possible.” ...
Intierra and RMG form resource intelligence powerhouse
Intierra Resource Intelligence has acquired Swedish-based Raw Materials Group (RMG). All RMG shareholders have taken an equity position in the expanded company and all RMG staff will stay on with the new entity. This unification...
First Uranium to lay off 1,850 employees at South African mine
First Uranium said it plans to lay off up to 1,850 employees at its Ezulwini Mine in South Africa.
Newcrest Mining reduces gold production guidance by 150,000 oz
Newcrest Mining (ASX:NCM) said it will produce about 150,000 oz less gold in its 2011/12 financial year due to production disruptions at Cadia Valley and Lihir, and lower feed grades and recoveries at Telfer.
South American Silver’s stock is up 17% after announcing four billion pound copper resource
South American Silver (TSE:SAC) stock shot up 17% in morning trading today on the Toronto Stock Exchange to $1.62 a share after the company announced the findings from its NI 43-101-qualified resource estimate of the company's Escalones copper-gold-silver project in central Chile.
Gold sees losses as Fitch downgrade warning hurts euro
Gold prices eased on Monday as a warning from Fitch Ratings that it may downgrade France and six other euro zone countries hurt stocks and the euro.
