MINING.COM

BHP merging embattled aluminum and nickel divisions

BHP Billiton (NYSE:BHP) added to market rumors that its nickel business is not relevant for the miner anymore by announcing yesterday it had merged the stainless steel materials unit with another struggling division: aluminum.

Cecilia Jamasmie | May 10, 2012 | 12:18 pm

Rio Tinto bullish despite Europe woes

Rio Tinto, the world's third largest miner behind BHP Billiton and Vale, is bullish on the demand for commodities despite renewed volatility in Europe and the risk of financial contagion.

Andrew Topf | May 10, 2012 | 5:00 am

Rinehart’s latest legal move means her kids probably won’t see a dime of her $18 billion fortune

Except for Ginia of course, the only child who is not suing Gina for control of the family trust.

Frik Els | May 9, 2012 | 11:55 pm

Taseko redux? BC first nation flexes muscles on Red Chris

A proposal by Imperial Metals to develop the Red Chris mine in northern BC is not sitting well with a local First Nation.

MINING.com Editor | May 9, 2012 | 11:49 pm

Wall vs Mulcair: Saskatchewan premier defends mining, oilsands

Trading barbs over the allocation of resource revenues is a blood sport in Canada, and the latest contenders are newly minted NDP leader Thomas Mulcair and Saskatchewan Premier Brad Wall.

MINING.com Editor | May 9, 2012 | 11:13 pm

Denison Mines net loss widens to $52 million on sale of US assets

Denison Mines Corp shed 1.2% on Wednesday bringing its losses over the last week to 19% ahead of quarterly results that showed the company widened losses to $51.9 million.

Frik Els | May 9, 2012 | 10:30 pm

Greece no good for gold on its way to 2012 low

Gold is now down almost 17% from its all-time record high of $1,911.60 an ounce set on September 6 last year.

Frik Els | May 9, 2012 | 6:57 pm

Ryan Gold Corp.: 2012 exploration and drilling plans for the Yukon Territory

Ryan Gold Corp. (TSX VENTURE:RYG) ("Ryan Gold" or the "Company") is pleased to announce its exploration plans for the 2012 exploration season in the Yukon Territory.

Marketwire - Mining and Metals | May 9, 2012 | 6:00 pm

Mongolia backtracks on state ownership of mining companies

Fearing a backlash by foreign investors in the mining sector – the foundation of the country's economy – Mongolian legislators on Tuesday watered down many of the provisions of draft legislation that gives the state greater control and ownership of mining projects.

Frik Els | May 9, 2012 | 4:52 pm

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