May 30, 2012

Singapore iron ore platform off to brisk start

Miner BHP Billiton sold two cargoes of iron ore via the GlobalOre trading platform that debuted on Wednesday, traders said, heralding the start of competition with top iron ore importer…

May 30, 2012

China mulling undersea mineral exploration

China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.

May 29, 2012

Silvercorp says work interrupted at mine in China

Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner, said Monday that production at its flagship silver-lead-zinc Ying Mine will be interrupted for about five days as a result…

May 29, 2012

Freeport McMoRan: Labour dispute and lower copper prices pressuring stock

I'm not all that thrilled to be owning Freeport McMoRan Copper & Gold (FCX) right now. While the company's stock has tended to be highly correlated to the price of…

May 29, 2012

$6.4 billion Alpha Coal Project given go-ahead

The Newman Government has given the green light to what will be one of Australia’s biggest mines, the $6.4 billion Alpha Coal Project in Queensland’s Galilee Basin.

May 28, 2012

Market Chatter: Oil India Eyes Stake in ConocoPhillips’ Canada Oil Sands

State-run explorer Oil India is looking at buying stake in ConocoPhillips' (COP.N) oil sand assets in Canada, as well as the Gabon assets of France's Maurel et Prom, Finance Director…

May 28, 2012

Singapore-based iron ore platform to compete with China’s beginning on Wednesday

A second major physical iron ore trading platform, supported by major mining companies and Chinese steelmakers will launch this Wednesday, competing directly with China's new own platform in a race…

May 25, 2012

Rio Tinto confirms strong potential for diamond jewellery demand in China

An increasing demand for diamond jewellery coming from China could help precious stone producers to boost sales in the following months, hinted diversified miner Rio Tinto (LON:RIO) in a release…

May 23, 2012

Asian Mineral Resources says no to Norilsk Nickel’s $22 million offer

Asian Mineral Resources' board is recommending that the shareholders turn down Norilsk Nickel's $22.3 million offer or 11 cents a share.

May 23, 2012

Rio Tinto confirms support for Ivanhoe Mines comprehensive financing package and agrees to amend certain terms of memorandum of agreement

Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have agreed to amend certain terms of the memorandum of agreement announced on 18 April 2012, under which Rio Tinto has agreed to…