MINING.COM

Anglo American sells South African Scaw Metals Group for $430 million

Diversified miner Anglo American Plc. (LON:AAL), announced today it has sold the South African Scaw Metals Group business for $430 million to a group of partners, on a move to refocus on its core mining business.

Cecilia Jamasmie | April 24, 2012 | 10:00 am

Haywood stands firm on 2012 silver forecast despite volatility warnings

Despite growth in investment demand, Haywood Securities' Chris Thompson says silver remains "very much an industrial metal."

Mineweb | April 24, 2012 | 7:00 am

MBAC reports positive prefeasibility study results for its Santana Phosphate Project in Brazil

MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX:MBC) (OTCQX:MBCFF) is very pleased to announce the results of the Prefeasibility Study ("PFS") for the Company's 100% owned Santana Phosphate Project ("Santana" or the "Project") located in the southeast of Para State, Brazil.

CNW Telbec | Mining/Metals | April 24, 2012 | 5:57 am

Lucara’s Botswana mine yields first diamonds

Lucara's Karowe diamond mine in Botswana has yielded its first precious stones.

Andrew Topf | April 24, 2012 | 5:26 am

Peregrine Diamonds discovers third kimberlite

Canadian Peregrine Diamonds has discovered a third kimberlite during its winter drill program in the Lac de Gras region, Canada, one of the most prolific diamond districts in the world since kimberlite was first discovered there in 1991.

Cecilia Jamasmie | April 24, 2012 | 3:29 am

Investors, directors flee Baja after Boleo costs rocket. Stock tanks 37%

Baja Mining dropped 37% on Monday on more than 15 times usual trading volumes, after announcing its Boleo copper-cobalt-zinc project in Mexico will now cost 21.5% more and that half its board has resigned.

Frik Els | April 23, 2012 | 10:22 pm

Hiring heavy hitter, takeover speculation fail to boost Guyana Goldfields

Nothing the company has done so far to assuage investors about its Aurora gold project has been successful and after dropping 5.5% on Monday it is now down over 60% since the start of the year.

Frik Els | April 23, 2012 | 10:05 pm

$30 billion Olympic Dam now even bigger

World number one miner BHP Billiton on Monday bought five additional exploration plots near its giant Olympic Dam mine and expansion project, destined to become the world's largest open pit.

Frik Els | April 23, 2012 | 9:57 pm

Rick Rule: Why I’m excited about this gold market

After a reasonably long period of sustained and occasionally dramatic escalations, commodity markets in general, and precious metals markets in particular, have declined. This is normal and healthy behavior, even if it is uncomfortable for some market participants.

Casey Research | April 23, 2012 | 9:40 pm

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