April 27, 2012

Mount Kellett demands Baja CEO quit

Mount Kellett Capital Management, a 20% shareholder in Baja Mining (TSX:BAJ), has escalated the war of words between the two companies by demanding the resignation of Baja CEO John Greenslade…

April 27, 2012

French uranium supply threatened by strike in Niger

Niger's uranium workers have downed tools over a dispute with Areva, the French nuclear power giant that owns the Imouraren mine.

April 26, 2012

Surprised it lasted this long. Soviet-era palladium stockpiles said to be depleted

Apart from Russian reserves no longer distorting the market, South Africa's dwindling supply is bound to boost prices further.

April 26, 2012

FDA approves drug for treatment of cyanide poisoning

The US Food and Drug Administration has approved a new drug to be used as an antidote to cyanide poisoning.

April 26, 2012

ABORIGINAL AFFAIRS: Agnico-Eagle makes training commitment to Nunavut youth

NUNAVUT – Toronto-based Agnico-Eagle Mines and the Nunavut Department of Education have signed a memorandum of understanding concerning the mining company’s commitment to training the youth of the territory. The…

April 26, 2012

Newmont Announces First Quarter Net Income from Continuing Operations Up 9% to $1.13 per Share

Newmont Mining Corporation (NEM) ("Newmont" or the "Company") today reported attributable net income from continuing operations of $561 million or $1.13 per basic share ($1.11 per share on a fully…

April 26, 2012

BioteQ and NWM Mining settle lawsuit

BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in the treatment of industrial wastewater, announces that the Company has agreed to settle its legal action against NWM Mining (NWM) for unpaid…

April 26, 2012

We need to talk about how rare earth prices are imploding

Declines in Chinese rare earth export prices coming off 2011's record highs have been stark. But this year some light REEs have halved again and some heavies are now almost…

April 26, 2012

Xstrata Coal seeks operating partner for Donkin Coal interest

Xstrata Coal Donkin Management Limited ("Xstrata Coal") and Erdene Resource Development Corp. ("Erdene") (TSX:ERD.TO -News) today announced that Xstrata Coal is seeking an operating coal company to assume its interest…

April 26, 2012

Metso sees slow start to year

Finnish engineering firm Metso reported weaker-than-expected quarterly results marred by the lack of global economic activity. The company reported January-March operating profit rising around 14%t to 128.2 million euros, compared…