October 29, 2012 Xstrata shareholders caught in ‘prisoner’s dilemma’ Could Anglo or Vale free them? Even shareholders choking on $200 million of management bonuses, may have to okay the compensation if they want the deal to go ahead. But Xstrata may have other options beside…
October 29, 2012 Russia nearly doubles 9M 2012 copper exports Exports of refined copper from Russia increased by 93.5% YoY in January-September 2012 to 204,900 metric tons, the Ministry of Economic Development has reported.
October 29, 2012 Xstrata, Glencore shareholders to vote on merger on November 20 On November 20, 2012 Glencore and Xstrata shareholders will attend a meeting, where they will vote on the merger of both companies. The transaction is valued at USD 37 billion.
October 29, 2012 Anglo American Platinum offers bonus to bring back miners South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, has offered to reinstate 12,000 miners fired in early October for illegally striking and pay them a $230) “hardship…
October 29, 2012 Russian ship with 700 tonnes gold ore missing The ship with a 9-member crew sent a distress call on Sunday from the Sea of Okhotsk off Russia's Pacific Coast.
October 29, 2012 Petronas extends $5.2 billion takeover bid for Progress Energy Malaysian state-run oil company Petronas has extended the deadline for its takeover bid for Canadian gas producer Progress Energy Resources Corp.(TSX:PRQ) in hopes it will be able to overcome Ottawa's…
October 29, 2012 TransCanada and Phoenix Energy join forces to build $3-billion pipeline TransCanada Corp. (TSX, NYSE:TRP) and Phoenix Energy Holdings Ltd. have entered into a 50-50 partnership to build a $3-billion pipeline in Northern Alberta, one of the centres of Canada’s oil…
October 29, 2012 Tirex Resources moves from exploration to production in Albania Not very often you hear about a company moving from exploration into production, but Canadian Tirex Resources (CVE:TXX) is doing just that. The Vancouver-based firm announced Monday it has received…
October 29, 2012 Newmont recognized by Carbon Disclosure Project for third consecutive year Newmont Mining Corporation (NYSE: NEM) announced Monday it was recognized for transparent climate change disclosure practices by the Carbon Disclosure Project’s (CDP) Leadership Index for the third consecutive year.
October 29, 2012 Petaquilla rejects Inmet’s final takeover bid Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet…
Platinum miners favour payouts over projects even as prices surge Despite strong prices, mining executives are wary of launching new projects without evidence of sustained long-term price stability. February 11, 2026 | 10:30 am
