BHP may sell its diamond assets
BHP Billiton (bhp-n, blt-l) is considering leaving its diamonds business as it may no longer fit its modus operandi of boasting “large, long-life, upstream and expandable assets.”
Anglo American plc
De Beers sale to shake up industry
Anglo American’s (AAL-L) agreement to pay $5.1 billion in cash for the Oppenheimer family’s 40% stake in De Beers will have a profound impact on the diamond industry, executives and analysts say.
Anglo American to buy Oppenheimer’s stake in De Beers
Anglo American’s (AAUK-Q, AAL-L) agreement to pay $5.1 billion in cash for the Oppenheimer family’s 40% stake in De Beers will have a profound impact on the diamond industry, executives and analysts say.
Ed Flood hunting porphyry in Argentina
Being part of the team that unearthed one of the world’s great copper-gold deposits in Oyu Tolgoi hasn’t left Ed Flood to rest on his laurels.
Concordia looks to build on Argentinean assets
Being part of the team that unearthed one of the world’s great copper-gold deposits in Oyu Tolgoi hasn’t left Ed Flood to rest on his laurels. The founding president and former deputy chair of Ivanhoe Mines (IVN-N, IVN-T) is now throwing his…
Frontier cuts deal with Koreans to advance Zandkopsdrift
In the race to bring the world new sources of rare earths from places other than China, Frontier Rare Earths (FRO-T) has put itself in a solid position, thanks to a deal with a deep-pocketed Korean consortium.
Frontier set to make splash in rare earths sector
In the race to bring the world new sources of rare earths from places other than China, Frontier Rare Earths (FRO-T) put itself in a solid position thanks to a deal with a deep pocketed Korean consortium.
Barclays still bullish on copper
Copper prices could move lower before they go higher, but Barclays Capital says it believes we have not yet seen the highs for this year.
Friendly Manitoba remains HudBay’s happy home (May 09, 2011)
With three operating underground mines, another under construction and more than 4,000 sq. km of prospective land to explore all in northern Manitoba, HudBay Minerals (HBM-T, HBM-N) has no plans to leave the province anytime soon, even with two…
Pacific Wildcat confirms rare earths in Kenya (April 18, 2011)
A first round of drill results from the Mrima Hill rare earth-niobium project in southeastern Kenya has given Pacific Wildcat Resources’ (PAW-V) share price a major boost.
Buddy Doyle leads Amarillo Gold
Seven years in the malaria-infested rainforests of Papua New Guinea and six years in Canada’s Arctic led Buddy Doyle and his exploration teams at Rio Tinto (RIO-N, RIO-L) to the two biggest discoveries of his career: the 30-million-oz. Minifie…
Zimbabwe accelerates indigenization program
The Zimbabwe government has announced it is going ahead with its indigenization law, and foreign mining firms now have until Sept. 25 to sell a majority stake of their projects in the country to qualified locals.