Xstrata reports 86% jump in FY profits
The transnational miner beat analyst expectations when it announced an 86% jump in profits on the back of stronger prices for most […]
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Northam to gain cash injection, PGM Resources post Mvela unbundling
Northam Platinum Limited (Northam) announced today its firm intention to make an all share offer to acquire the entire issued ordinary share […]
Acadian Mining spins off zinc and lead assets to focus on gold exploration
Acadian Mining shares were up 30% on Tuesday morning trading after it announced it will spin off lead and zinc assets so […]
Skills shortage warning
The Australian mining industry has been warned that growth is at risk if its leaders fail to address long-term workforce development and […]
Report downplays communist threat to mining in the Philippines
In late December 2010 a spokesman for the National Democratic Front (NDF), a confederation that encompasses many of the country’s leftist groups — including the Communist Party of the Philippines (CPP) and its New People's Army (NPA) military wing — warned that it intended to increase the tempo of attacks against mining companies.
Is Caterpillar due for a stock split?
According to the Wall Street Journal, Caterpillar could be due for a stock split after a 94% run up in its stock. […]
Crystallex’s Las Cristinas project is “unilaterally terminated”
Crystallex International Corporation announced that the Corporacion Venezolana de Guayana had “unilaterally terminated” the company’s mine operating contract for the Las Cristinas […]
First new U.S. uranium mill in 30 years closer to construction
A Colorado court refused to overturn a special use permit for Energy Resources’ proposed Pinion Ridge uranium mill project, on its way […]
Harmony’s operating profit is up 33%
Gold production was down four percent but operating profit increased 33% at Harmony. The company announced second quarter results on Monday for the period ending Dec. 31, 2010.
