January 28, 2012

Race for resources – TATA Power in talks to buy stake in MEC Coal

TATA Power is in talks to pick about 15% stake in MEC Coal, the Dubai registered company that owns more than two billion tonnes of coal reserves in Indonesia.

January 27, 2012

Forget gold, IRON ORE is the story of the decade

On the last day of Roundup, Vancouver's mining showcase, Sandy Chim CEO of Canada's Century Iron Mines, flashed a few slides about China, India and the iron ore market that…

January 27, 2012

Ivanhoe Mines expects to maintain a majority of independent directors on the Ivanhoe board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 27, 2012) - Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) Deputy Chairman Peter Meredith said today he expected the company's 14-member Board of Directors will continue to maintain a…

January 27, 2012

Japan steel output set to fall

Bad news from nation's steel makers translates into more bad news for already weakened dry bulk sector.

January 27, 2012

Ivanhoe Mine shares surge on Rio Tinto takeover

Shares of Canada's Ivanhoe Mines Ltd. gained more than 5 percent in aftermarket trading on Thursday after majority shareholder Rio Tinto PLC disclosed that it is reviewing the company's board…

January 25, 2012

Sherritt Announces Senior Management Changes

Sherritt International Corporation ("Sherritt" or the "Corporation") (TSX:S) today announced changes to the leadership of its senior management team, effective February 1, 2012.

January 24, 2012

Rio Tinto takes control of Ivanhoe, punters feel deflated

World number two miner Rio Tinto has taken a majority stake in Ivanhoe Mines, its partner on the massive Oyu Tolgoi project in Mongolia, purchasing a 51% interest. A favourite…

January 24, 2012

Toyota says could bring rare earth substitute for hybrid cars to market within two years

Reuters reports that Toyota has developed a technology to substitute rare earths used in its hybrid vehicles. The company, which has a strong lead in environmentally friendlier car sales around…

January 21, 2012

A look inside the Fukushima containment vessel

Forty technicians were needed to create a 8.5 mm hole so an endoscope could be lowered inside the stricken Fukushima containament vessel. […]

January 20, 2012

PT Timah to order more large dredges for tin mining

State-controlled Indonesian tin producer PT Timah plans to order two new generation dredges worth around $100 million this year, the Antara news agency has reported.