October 19, 2011

Copper sinks after Fed predicts ‘weak outlook’

The markets hammered copper on Wednesday after the Federal Reserve said in its Beige Book survey that economic prospects in the United States appear to be dimming. The red metal…

October 19, 2011

Newcrest’s gold output drops

Newcrest Mining has reported lower gold production in the September quarter but says it still expects to meet production and cost guidance. Australia?s largest gold miner produced 587,296 ounces of…

October 19, 2011

Newmont rides out Yanacocha protest as Peru government steps in

Newmont Mining announced on Wednesday protesters are now allowing access to the Yanacocha gold mine in northern Peru. A local paper reported protesters decided to remove roadblocks following an agreement…

October 19, 2011

Gold Fields Q3 production up 3 pct

Gold Fields posted a 3% rise in third quarter gold production on Wednesday, as the world's fourth-largest gold miner overcame a strike that halted output for five days in July.

October 19, 2011

Rio targetting 2015 for first iron ore from Simandou

Rio Tinto said it expects its Simandou iron ore project in Guinea to begin producing by mid-2015. The company has approved $211 million in continuing studies and $1.12 billion to…

October 19, 2011

ENDEAVOUR SILVERCORP: Endeavour Silver Options Lomas Bayas Silver-Gold Property..

announces that it has acquired an option to purchase the Lomas Bayas silver-gold property in the Copiapo region of northern Chile. This marks the second prospective silver-gold property Endeavour has…

October 19, 2011

Commerce Resources Corp. Intersects Significant Heavy Rare Earth Element Mineralization at Ashram, E

_ VANCOUVER, Oct. 19, 2011 /PRNewswire/ - Commerce Resources Corp. The initial two drill holes were successful in intersecting significant Middle and Heavy Rare Earth Oxide ("MHREO") enrichment at and…

October 19, 2011

Indian quarry operator selects Atlas Copco for greater productivity

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October 19, 2011

‘Peabody Energy and ArcelorMittal must decide whether to take action on their joint bid for Macarthur Coal’

The joint bidders for Macarthur coal must soon make a decision Source: Bloomberg PEABODY Energy and ArcelorMittal must today decide whether or not to take any action to try to…

October 19, 2011

Cat® 6030 Hydraulic Mining Shovel Marks First Delivery of Former Bucyrus Machine in Cat Trade Dress

A mere six weeks after Caterpillar finalized the acquisition of Bucyrus, a Caterpillar Yellow hydraulic mining shovel shipped from the former Bucyrus factory in Dortmund, Germany. In early October, the…