Canada’s Teck Q4 profit fell victim to slumping coal prices
Vancouver-based Teck Resources Ltd. is yet another miner feeling the impact of low coal prices: net profit was down 54% last year from same period in 2011.
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IsaMills™ selected for Kazakhmys’ Bozshakol and Aktogay Projects in Kazakhstan
This shows the growing recognition within the industry of the benefits of combining efficient grinding with the flotation benefits from inert media.”
DayLube Nano-Ceramic Grease Extends Maintenance Intervals Provides Greater Friction Resistance than Traditional PTFE Greases
“Customers using DAYLube report significantly longer service life – up to 10-times longer – than traditional PTFE lubricants”
ArcelorMittal lost $3.7 billion in 2012, faces violent protests
Stocks at the world’s top steelmaker by sales, ArcelorMittal (NYSE:MT), were down 1.71% at 10:09 am ET this morning after the company announced Wednesday a $3.7 billion net loss for 2012.
Vale to invest $16 million in copper-gold project in Mexico
Vale's local subsidiary signed a deal with Canadian junior miner Corex Gold to explore for gold and copper in Mexico.
HD Mining favoured foreign workers over qualified Canadians: minister
B.C Jobs Minister shifts position on HD Mining temporary foreign worker controversy.
Uranium supply threatened by force majeur in Kazakhstan and Niger
Uranium supply in key producers Kazakhstan and Nigeria could be severely impeded by weather problems and political turmoil.
Oakland Resources buys up Chile’s Castillo Copper
Sydney-listed Oakland Resources (ASX:OKL) has signed an implementation agreement for the acquisition of private Chilean copper explorer Castillo Copper.
Virginia legislators back study into independent currency
Legislators in Virginia have backed a study into the establishment of an independent "contingency" currency which would enjoy the backing of precious metals.