Vale kicks off copper production at Zambia mine
Brazil's Vale (NYSE:VALE) announced it has started producing copper concentrate at its Lubambe mine in Zambia.
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15% of Queensland’s mining jobs to disappear in two years
Analysts say more coal jobs will be axed in the Australian tropical state of Queensland as the beleaguered resources sector continues to weather a barrage of adverse factors.
Massive shorts to squeeze then propel precious metals: Turk
Investment expert James Turk says a massive short squeeze on gold and silver is approaching which will serve to push prices for both the precious metals higher due to panic buying.
Discovery Metals rejects $830 million bid from Shanghai PE firm
Africa-focused copper miner Discovery Metals (ASX:DML) has rejected a bid from Shanghai's Cathay Fortune on the grounds that the proposed AUD$830 million consideration is insufficient.
World’s biggest copper mine to make inroads underground
The Chuquicamata mine in Chile - the world's largest open cut copper mine, will commence underground operations after nearly a century of open-cut production.
Iron ore: The rollercoaster ride has only just started
The transformation of the iron ore market over the last few years has been nothing less than stunning. Those with nerves of steel can look forward to even higher highs and lower lows.
Main Focus of the Apprenticeship Conference is the Shortage of Skilled Workers
“The Future Works Here” is the slogan of Alberta’s Apprenticeship Conference which will take place from October 15 to 17 at the […]
Peruvian mining millionaires allegedly trafficking cocaine
U.S. authorities announced yesterday the seizure of more than $31 million supposedly connected to an international money-laundering scheme run by the owners of two gold mines in Peru.
Iron ore pulls back from $120 despite fresh Chinese infrastructure spending
The country's railways ministry is upping its investment for a third time this year – the annual budget for 2012 is now a round $100 billion.
