December 12, 2012

Xstrata puts off $5.9bn mine in Philippines until 2019

Swiss miner Xstrata (LON:XTA) is delaying the commercial production of its $5.9 billion Tampakan copper-gold project in the Philippines to 2019, Sagittarius Mines Inc, the firm's local unit, said Wednesday.

December 12, 2012

Ancient plant dye used to make eco-friendly biomass batteries

Ancient plant dye acts as outstanding organic electrode

December 11, 2012

Fresh crisis at Lynas

Won't be allowed to treat waste in Malaysia. Shares suspended.

December 11, 2012

Rio Tinto and Anglo sell Palabora to Chinese group

Mining giants Rio Tinto and Anglo American are selling a 74.5% shareholding in the South African copper company Palabora Mining to a consortium of Chinese and South African firms, in…

December 11, 2012

Glencore-Xstrata deal hits South African snag

Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.

December 11, 2012

Nautilus rockets 27% as investors speculate on what’s next for seabed mining

Work off PNG has stopped, but international waters beckon.

December 10, 2012

NALCO could call off Indonesia project over approval delays

National Aluminium Company could put a halt to its planned aluminium smelter and captive power plant project in Indonesia should it manage to get clearances and coal linkages for a…

December 10, 2012

Resource nationalism is miners’ number one fear and major threat to global security — report

Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report.

December 9, 2012

Central bank buying on course

There has been an announcement from the Bank of Korea that it bought 14 tonnes of gold during the month of November but that has so far been the only…

December 9, 2012

Copper, lead strengthen on industrial demand

Copper and lead strengthened by Rs 3 each per kg on the local non-ferrous metals market today on increased demand from consuming industries.