April 28, 2012

Basic Element companies expand partnership with Norinco Corporation

Oleg Deripaska, CEO of Basic Element and UC RUSAL and President of En+ Group, and Zhang Guoqing, President of China North Industries Corporation, signed a framework agreement on strategic cooperation…

April 28, 2012

Dow Signs consulting and supply agreement with Metals Finance Limited

The Dow Chemical Company (NYSE: DOW) today announced that it has signed a consulting and supply agreement with Metals Finance Limited (ASX code MFC), of Queensland, Australia.

April 28, 2012

Vale makes most bullish iron ore comments yet. $180 a tonne anyone?

“There is a new level of prices for iron ore globally,” Tito Martins, Vale CFO tells analysts in a conference call Friday.

April 27, 2012

Social responsibility in mining is basic risk management, not feel-good projects

Corporate Social Responsibility initiatives by mining companies operating in emerging markets in South America, Africa and Asia have become a crucial part of doing business as “above-ground risks are quickly…

April 27, 2012

It takes four tries before this gold skeptic can buy something with bullion

Felix Salmon, blogger for Reuters and gold skeptic, decided to find out if gold really is currency and went shopping with one gram of bullion in New York City.

April 27, 2012

Mines vs rainforest: Showdown looming in Tasmania

The Australian reports on a potential clash of visions in the Tasmanian rainforest, where 10 new mines are proposed and 58 exploration licences active.

April 27, 2012

Canadian crude discount cut in half in six weeks

The price oil sands producers receive for their crude improved to $30.75 a barrel below the international benchmark on Friday, a 42% gain from multi-year lows hit six weeks ago…

April 27, 2012

Trelawney vaults 41% as IAMGOLD gets more Canada-focused

IAMGOLD will pay about C$585 million in cash to acquire Canadian junior Trelawney Mining, the mid-tier gold producer announced on Friday.

April 27, 2012

NSX Silver provides update on drilling at Dios Padre Silver Project in Mexico

NSX Silver Inc. is a mineral exploration company actively exploring for silver and associated metals in Mexico.

April 27, 2012

Mining, oil and gas led Canada’s growth in 2011

Statistics Canada revealed today that the provinces of Alberta and Saskatchewan led the country in economic growth in 2011, buoyed by the extraction and exploration of their natural resources.