MINING.COM

Potash producer Mosaic reports better than expected results

Fertilizer producer Mosaic Co. (NYSE:MOS) stocks were up US$2.50 this morning, after the company reported higher-than-expected quarterly profit as better prices helped offset a plunge in phosphate sales and flat potash volumes.

Cecilia Jamasmie | January 5, 2012 | 3:35 pm

Canada’s asbestos industry on its way out

LAB Chrysotile Inc., one of the two remaining Quebec’s asbestos miners, has filed for bankruptcy because of high fixed costs and sharply declining revenues.

Cecilia Jamasmie | January 5, 2012 | 2:43 pm

Union drops strike at First Quantum mine in Zambia

Workers at First Quantum Minerals' Zambian copper/gold mine resumed work this morning after the country’s minister of labour intervened to end the two-day wage strike.

Cecilia Jamasmie | January 5, 2012 | 12:52 pm

Areva eyes stake in UK-based uranium enricher – paper

A Dutch paper reported on Thursday that France's Areva is eyeing a stake in UK-based uranium enrichment company Urenco.

Mineweb | January 5, 2012 | 11:11 am

China’s 2012 crude steel consumption to peak at 700m tonnes

The China Iron and Steel Association expects the country's crude steel consumption to rise 4% and peak at 700 million tonnes this year.

Mineweb | January 5, 2012 | 11:09 am

First Quantum suspends production at its copper/gold mine in Zambia

First Quantum announced that it is suspending production at its 80%-owned Kansanshi copper/gold mine in Zambia due to a labour dispute that started yesterday.

Michael Allan McCrae | January 4, 2012 | 9:55 pm

Scientists worry about a greenhouse feedback loop as the permafrost warms up

Given that the earth's temperature is rising, sciencetists are investigating if gases trapped in the permafrost are going to be released and what effect it will this have on the climate.

Michael Allan McCrae | January 4, 2012 | 9:10 pm