Fronteer Gold acquired by Newmont Mining in a $2.3 billion deal
On Thursday, Fronteer Gold announced that all its outstanding shares will be acquired by Newmont Mining. Size of the deal is $2.3 […]
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Commerce Resources’ Upper Fir tantalum and niobium deposit confirmed as a large indicated resource, Blue River, BC
AMEC has determined a base case indicated mineral resource of 36.35 million tonnes containing 195 ppm (gpt) Ta2O5 and 1,700 ppm (gpt) Nb2O5.
Energizer targets 2014 start-up at big Madagascar vanadium project
Mining Weekly reports: TSX Venture Exchange-listed Energizer Resources could potentially supply approximately 14% of the global vanadium market when its Green Giant […]
BRC forms JV with Rio Tinto to explore for diamonds in DRC
Mining Weekly reports: TSX- and JSE-listed BRC DiamondCore has formed a joint venture (JV) with diversified mining group Rio Tinto to resume […]
BHP’s Jansen potash project takes another step forward
Australian uber-miner BHP Billiton is moving ahead with its Jansen potash project.
Patriot moving forward with plan to open new coal mines
Mining Weekly reports that U.S. miner Patriot Coal will open a number of new mines in the next two years as it […]
Massive uranium supply/demand gap developing
Speakers at a London conference point to a massive supply gap developing for uranium, with mine output unable to keep up with […]
S.Africa: govt will ensure enough coal for Eskom, but coal still not domestic priority
State-owned power utility Eskom urges regulation of coal exports to ensure domestic power suppliies, but government backs off declaring coal a strategic […]
Looking at Vale’s USD 5bn dividend for 2011
The mining majors are pumping cash, but huge capital expenditures increasingly compete with investor demand for bigger dividends, and stock buybacks.
