June 17, 2011

Baja says Boleo project on schedule

Mining Weekly reported that Baja Mining’s (TSE:BAJ) copper/cobalt/zinc project in Mexico is progressing on schedule. The market news is quoted as saying: “The Boleo project is currently meeting its scheduled…

June 17, 2011

Drummond, Itochu to market Colombian coal to Asia

Japan's Itochu Corp (8001.T: Quote) has teamed up with U.S. Drummond Coal [DRMND.UL] in a $1.5 billion deal under which it will market Colombian coal in Asia. Drummond had been…

June 16, 2011

Investors are finally seeing value in deal-hungry super-profitable Brazilian giant Vale

With a new government-backed CEO, a capex budget and acquisition war chest that dwarfs others, record net profits, a very generous dividend policy, strong fundamentals in its core business, aggressive…

June 16, 2011

Vale’s new partnerships stir competition in Brazil steel market

Dow Jones Newswires reports Brazil’s steel sector has been shaken up since mining giant Vale SA started building its first steel mill, […]

June 16, 2011

Sulliden Reports 89% Gold Recovery From Heap Leach Test Program at Shahuindo

Sulliden Gold announced positive results from feasibility-level metallurgical test work focused on the oxide-bearing gold and silver material at its 100%-owned Shahuindo Project located in Peru.

June 16, 2011

Peru miners want proposed tax based on profits

Top miners in Peru expect to have to pay a new tax on windfall profits proposed by President-elect Ollanta Humala, but on Wednesday urged the incoming government to refrain from…

June 16, 2011

Sulliden doubles indicated gold estimate at Shahuindo, Peru

Sulliden Gold Corporation Ltd. (TSX:SUE)(OTCQX:SDDDF) has completed a new gold and silver mineral resource estimate for its 100%-owned Shahuindo Project in Peru. The updated estimate delivered a 121% increase of…

June 16, 2011

Resource Investing News: Lithium resource in Argentina attracting analyst interest

On Monday, Lithium Americas(TSE:LAC) received a bullish initiating coverage report from equity research firm Dundee Capital Markets, as the lithium explorer was noted for having the potential to be one…

June 15, 2011

Vaaldiam stock near all time low after loss more than triples and Brazil mine ops suspended

Vaaldiam Mining net loss more than tripled in the first quarter to $7.6m after suspending operations at the Duas Barras diamond mine in Brazil. By close of trade on Wednesday…

June 15, 2011

HudBay Minerals intersects 2.4% copper equivalent over 120 meters at Constancia’s Pampacancha Deposit

HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) today announced exploration results from the Pampacancha zone at the company’s Constancia project in Peru. Hole PO-11-072 intersected two […]