Editorial: Vale goes easy on Canadian mines
The week ended Nov. 1, the 44th trading week of 2008, was characterized by some relative calm in the global financial markets after seven weeks of incredible turmoil.
Vale S.A.
Vale slashes iron ore production, trims nickel too
Saying that it is “adjusting to the new global economic scenario,” Vale (RIO-N) is dramatically scaling back its ir…
Tirex races to reveal new VMS district in uncharted Albania
SITE VISIT TIRANA, ALBANIA — You could call it a silver lining. Albanians endured almost 50 years of repressive dictatorship under Enver Hoxha and his Communist Albanian Party of Labour….
Waratah’s coal project nixed in Queensland (September 22, 2008)
An environmental ruling against Waratah Coal’s (WCI-V, WGO-A) multibillion-dollar proposal for a major coal port development on the east coast of Australia has crushed the stock. On the news, Waratah …
Queenston carves dominant position in Kirkland Lake
Queenston Mining (QMI-T, QNMNF-O) staked its claims in Canada’s second largest gold camp early and often a strate…
Aura set to update Arapiraca resource
VANCOUVER–After a long delay at the lab, the final set of assay results before a resource calculation for Aura Minerals’ (ORA-T, ORAUF-O) Arapiraca project are in and look likely to bolster the size …
TORONTO STOCK EXCHANGE JUNE 17-23
The TSX Composite Index fell 1.6% over the June 17-23 trading period, down 252.46 points to 14,691.82.
Vale has big money to spend
Almir Rezende has a problem that most of us would love to have: How to spend US$1 billion a month over the next five years.
Desert drilling returns strong iron grades for Anaconda
VANCOUVER — Promising drill results and an available drill rig prompted Anaconda Mining (ANX-T, ANXGF-O) to tack on an extra 4,200 metres to the drill program at its San Gabriel project in Chile, and…
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,…
Investors ask: Got potash?
The week ended June 14, the 24th trading week of 2008, revealed a new twist to the commodities boom, as a few scarce potash juniors became investor favourites, what with the quadrupling of potash pric…
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…