March 13, 2012

European giant Glencore eyeing Canada’s Viterra

Glencore (GLEN.L) is one of a handful of parties eyeing a potential bid for Viterra (VT.TO), Canada's largest grain handler, as the diversified trading house looks to boost its agricultural…

March 13, 2012

Miner dies at Alpha mine in West Virginia

A coal miner was fatally injured in an Alpha Natural Resources Inc mine in West Virginia over the weekend, the company said on Monday.

March 13, 2012

Agnico-Eagle in class-action crosshairs for $250m

London, Ontario-based Siskinds LLP has filed a proposed class action suit against TSX-listed Agnico-Eagle Mines seeking $250-million, alleging the company and certain senior officers failed to disclose information that led…

March 13, 2012

Mining companies may be losing $130bn annually to fraud – UK study

A PKF/University of Portsmouth Centre for Counter Fraud Studies report suggests mining companies' haste for social acceptance in developing nations could cost them dearly.

March 13, 2012

U.S. net polished diamond imports +4% in January

U.S. net polished diamond imports increased in January this year when compared to January 2011 as well as when compared month-over-month to December 2011.

March 13, 2012

CAI Industries/Gauley-Robertson, RSL Fiber Systems to provide safe, fibre optic lighting

Envisioning the potential to "revolutionise" and elevate the role of lighting technology in the design and operation of major mining equipment - thereby enhancing both safety and productivity - CAI…

March 13, 2012

CESCO’s Chile copper week coming in April

Chile's Centre for Copper and Mining Studies, CESCO, is holding this year's Cesco Week from 16-19 April in Santiago. This copper focussed event brings together major players in the mining…

March 13, 2012

China gives miners another scare as $58 billion monthly swing hands it largest trade deficit in 12 years

MarketWatch quotes  Nomura economist Zhiwei Zhang as saying:  "Overall, economic conditions are getting weaker at a fast pace. The slowdown is happening faster than the government expected."

March 12, 2012

Investors pile into Caledonia Mining after new copper-cobalt find in Zambia

Caledonia, worth $57 million on the TSX, is up 35% so far this year and ten times the usual volume of 131,000 shares changed hands on Monday.

March 12, 2012

US coal production to fall 10pc this year, study says

US coal production is set to decline 10pc year over year in 2012, or by 2mn short tons (83mn metric tonnes), as miners try to bring supply in line with…