March 27, 2012

Why invest in mining in Chile?

A very simple answer to the question: why invest in mining in Chile?  Mining is booming in Chile; they seem to have the right government; they have the resources; the…

March 27, 2012

There is an upside to the $340+ billion hole in China’s local government debt

Faster privatization might be the ultimate measure that helps the country finally get away from a vicious lending and spending cycle.

March 26, 2012

World’s largest coal company muscling in on world’s largest metallurgical deposit

"Shenhua is the most competitive bidder for the project given its technology, transport infrastructure, access to the Chinese market and the backing of the Chinese government," Shenhua CEO Ling Wen…

March 26, 2012

La Mancha’s measured and indicated resources more than double to 4.8 million ounces of gold equivalent

Dominique Delorme, President and CEO of La Mancha, noted: "Having quadrupled our resource base to nearly 5 million ounces of gold equivalent since 2007, it is exciting to see that…

March 26, 2012

Tax burden on special lithium contracts in Chile to represent 50% of profits

The tax burden for companies taking part in bidding processes for special lithium contracts in Chile will represent 50% of their profits, deputy mining minister Pablo Wagner told BNamericas.

March 26, 2012

Flinders financing set to fund restart of graphite mine in Sweden

Graphite has been a hot commodity of late and one Canadian junior looks to have capitalized on market sentiment through a proposed C$15 million financing.

March 26, 2012

Nickel mining in Philippines: provincial governor to be charged with murder of anti-mining activist

In January last year local radio broadcaster Gerry Ortega, who fought hard for a ban on mining on Palawan was slain and now the Philippines' Department of Justice asked for…

March 26, 2012

Solution potash mine approved in New Mexico

Intrepid Potash (NYSE:IPI) was up 2% today on news that its solution mining project near Carlsbad, New Mexico has been approved by the US Bureau of Land Management (BLM).

March 26, 2012

Iberian Minerals reports 2011 net income of $173.7 million

The Company reported net income of $173.7 million for 2011, representing $0.42 per share.

March 26, 2012

Goldsource Mines rockets 28% on new Saskatchewan coal resource

Goldsource Mines shot up 28% today on news that it has increased indicated coal resources at its Border Coal Project by 48%.