Rio Tinto plc

Rio Tinto drills Pimenta Bueno

Rio Tinto (RTP-N, RIO-L) has begun collecting a 50-tonne mini-bulk sample of the diamondiferous Cosmos 1 kimberlite…



U.S. markets continue shallow uptrend

Stronger than expected manufacturing data and a slight drop in oil and gas prices helped U.S. markets continue a shallow uptrend over the report period Sept. 27-Oct. 3. The broad-based S&P 500 Ind…


Photo by Leticia LozanoPeruvian peasants demonstrate against mining companies during the final day of a global industry conference in Arequipa, Peru. The protesters claim that mining is polluting water supplies and damaging farmland.

Miners look to Latin America

Arequipa, Peru — Oscar Gonzalez, chief executive of Southern Peru Copper (PCU-N), wears a wry smile on his face — and with good reason….


Codelco facing tough decisions

Santiago, Chile — These are good times for Chile’s national copper company Corporacion Nacional del Cobre (CODELCO)….


Commodities shine in U.S.

Oil and gas, gold, copper, and fixed-price commodities such as coal have all enjoyed rallies of late, but trading activity was a mixed bag on U.S. markets over the report period Sept. 20-26, with gold…


Placer Dome's mining complex at Cortez Hills in Nevada.

Placer green-lights Granny, Cortez Hills

Placer Dome (PDG-T, PDG-N) has approved development of its 60%-owned Cortez Hills gold project in northeastern Nevada and the Wallaby underground project at the Granny Smith mine in…



Gralheira drill results fuel uncertainty

Vancouver — Results from St. Elias Mines‘ (SLI-V) latest drilling on the Jales-Gralheira gold project, situated in the Tras-O-Montes region of northern Portugal, has confused and d…


NorthMet likely heading to feasibility

Vancouver — Several private-placement financings are expected to provide PolyMet Mining (POM-V) with funds to complete a definitive feasibility study for the NorthMet project near…



U.S. markets back to basics

Energy and commodity producers held steady on U.S. markets even as some high-end retailers and high-tech manufacturers were battered by the wake of Hurricane Katrina. Investors seem to be betting that…


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