Next M&A deal could be an Anglo American takeover by either Vale or Xstrata, Citigroup says
Just months after Vale (RIO-N) declared that the deal to buy Swiss-based rival Xstrata (XTA-L, XSRAF-O) was dead,…
Iron Ore
Aura set to redo Arapiraca resource
Vancouver – After a long delay at the lab, the final set of assay results before a resource calculation for Aura Mi…
Vale has big money to spend on mining equipment and supplies and it’s sourcing it now
Almir Rezende has a problem that most of us would love to have: How to spend US$1 billion a month over the next fiv…
WSR drilling hits promising hole
VANCOUVER — WSR Gold (WSR-V, WSROF-O) got a healthy boost following news that the sixth drill hole into its Ring of Fire joint venture, in the James Bay lowlands, hit a significant width of volcanic-…
Iron in the desert for Anaconda
Vancouver – Promising drill results and an available drill rig prompted Anaconda Mining (ANX-V) to tack on an extra…
Investor group takes 30% stake in Lake Giles iron ore project
Australian junior Macarthur Minerals (MMS-V) is capitalizing on Asian steel companies seeking to set up long-term…
Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.
Ignore equipment manufacturers at your peril
Since the last commodity boom 20 years ago, underinvestment in mining equipment in countries such as the United Sta…
Palladon sells run-of-mine ore to China
Why wait to build an iron ore processing plant when you can make a handsome profit shipping run-of-mine ore to th…
Champion Minerals expands iron property
Champion Minerals (CHM-V) is buying up yet more land next door to its existing 100% owned Attikamagen Lake iron p…
Eldorado inks iron ore deal with BHP
VANCOUVER — Eldorado Gold (ELD-T, EGO-X) has signed an agreement to sell future iron ore production from its 75%-owned Vila Nova project, in northern Brazil’s Amapa state, to mining giant BHP Billito…
Gold tops US$1,000 per oz.
The week ended March 15, the eleventh trading week of 2008, was capped by a powerful rally in gold prices stemming from the political and market tumult rippling out from world’s financial centre in Lo…