October 17, 2012

American company acquires Canadian Metals Economic Group

Virginia-based SNL Financial announced Wednesday the acquisition of Halifax, Nova Scotia-based Metals Economics Group (MEG), provider of global mining industry information and analysis.

October 17, 2012

Canada waves asbestos mining ‘au revoir’

A loan rejection to the last asbestos miner in the country followed by Canada’s federal government’s announcement that it wouldn’t oppose to list Chrysotile —the type of asbestos found in…

October 17, 2012

Gold: Part of Greece’s salvation?

It’s not just the ancient ruins that are deteriorating in Greece. With unemployment at 25% and youth unemployment more than 50%, the country’s very social fabric is at risk of…

October 17, 2012

Mexico is the most energy secure country – report

Mexico is the most energy secure nation among the world's 25 biggest energy consumers, reported the U.S. Chamber of Commerce in a recent study of the largest energy-consuming countries.

October 17, 2012

Minera IRL’s Don Nicolas gold mine in Argentina gets green light

Minera IRL (LON:IRL) confirmed Wednesday the approval of the environmental impact assessment and the granting of a development permit for the Don Nicolas gold project in Santa Cruz, Argentina.

October 17, 2012

Potash Corp warns profit to be lower than forecasted

Potash Corp. (TSX, NYSE:POT), Canada's largest fertilizer producer, said Wednesday it was revising its outlook because of delays in reaching contracts with commodity buyers in India and China.

October 17, 2012

Former American real estate brokers find gold fortune in Ghana

Two former American real estate agents headed to the gold-rich West African jungles of Ghana to find a way to pays their debts, which exceeded $1 million.

October 17, 2012

Polymetal likely to cut 2013 capex by 16%, expects reserves upgrade

Polymetal International is likely to cut its capital expenditure by 16% in 2013 to USD 210 million-USD 250 million, provided no new assets will be purchased by the company, Polymetal's…

October 17, 2012

Standard and Poor’s cuts Anglo American’s outlook to negative

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects…

October 17, 2012

Oil and coal save BHP’s September quarter results

BHP Billiton (ASX,LON,NYSE:BHP), the world’s biggest miner by market value, posted Wednesday a weaker than expected September quarter from its West Australian iron ore mines as the company’s work on…