Vale S.A.

Xstrata offers $4.6B for LionOre

Nickel prices may not have hit the roof yet, but LionOre Mining International (LIM-T, LMGGF-O, LOR-L) is urging its shareholders to agree to a $4.6-billion friendly takeover bid by Xstrata (XTA-L, XSR…



Editorial: Nickel Zooms to All-Time High

The trading week ended March 16, the eleventh of the year, was highlighted by record nickel prices, which have jumped six-fold in the past five years in response to nagging supply constraints and surg…


Hand to join Fronteer board

The former head of the former Inco, Scott Hand, is slated to join the much smaller Fronteer Development (FRG-T, FRG…


CVRD buys Aussie coal miner

Iron ore giant Companhia Vale do Rio Doce (RIO-N) has bought coal company AMCI Holdings Australia for $769 million.




BY ANTHONY VACCAROA Jaguar Mining technician examines a ball mill at the Turmalina gold operation in Minas Gerais state, Brazil.

Jaguar Mining grows with Brazil

SITE VISIT Belo Horozonte, Brazil — It’s a grey day in Minas Gerais — Brazil’s famed mining state — and the row of flags flying over the heads of Jaguar…





Inco slows production in Indonesia

Dry weather has forced Companhia Vale do Rio Doce (RIO-N) subsidiary CVRD Inco to cut weekly nickel output by about 130 tonnes at its Indonesia unit because the reservoir levels at its hydroelectric p…


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