April 13, 2012

Processing plant to cost $302 million- 1/3 of Avalon’s rare earth project capex

Avalon Rare Metals, whose Nechalacho rare earth prospect in Canada's Northwest Territories is in the midst of a feasibility study, today announced the results of a separate prefeasibility study for…

April 13, 2012

Silver miners building for breakout: Chris Marchese

The health of the U.S. economy may not be quite as robust as some government statistics indicate and more stimulus could be on the way, despite what the Fed may…

April 13, 2012

Coal takes a beating after China’s GDP numbers disappoint

China, the world's biggest consumer of coal, said that the gross domestic product came in at 8.1% in the first quarter, the lowest figure in three years.

April 13, 2012

Long-rumoured takeover target Harmony Gold cheapest in a year

Harmony Gold briefly dropped to a year low of $9.68 on Friday after the company announced a steep fall-off in output for the first quarter. Now worth $4.4 billion the…

April 13, 2012

Chinese steel company to pump $194 million into Alderon’s Kami iron ore project

Alderon Iron Ore Corp saw a 2% bump in its stock price Friday on news that the Canadian iron ore junior has inked a CAD$194 agreement with China's largest steel…

April 13, 2012

Lure of mining leaves First Nations struggling

Isolation often takes the blame as the source of many problems on remote reserves. But North Caribou Lake Chief Pierre Morriseau has […]

April 13, 2012

Western Potash is in talks for potential investment or sale

TORONTO—Canada's Western Potash Corp. WPX.T +10.78% is in talks with several Indian and Chinese state-owned and private enterprises that could lead to an investment in, or sale of, the potash…

April 13, 2012

FT: Mining becoming the ticket out of Sierra Leone’s poverty

The decade-long civil war in Sierra Leone brought two unforgettable images to the West: victims of violence whose limbs were hacked off by armed rebels as a warning to civilians;…

April 13, 2012

Kinder Morgan goes ahead with its $5 billion pipeline expansion to Vancouver

Kinder Morgan (NYSE: KMP) is going ahead with its planned $5 billion expansion of the Trans Mountain pipeline in Canada, which brings crude oil from the Alberta oil sands to…

April 13, 2012

The last time South Africa’s mines produced this little the country was still ruled by the Queen of England

Output from the resources industry in the African nation is now the lowest since 1961, the year South Africa left the British Commonwealth and declared itself a republic