EDITORIAL: Oil, metals and Russia’s triumph
Despite political upheaval in the world, the broad decline in oil and mineral prices picked up steam during the week ended Aug. 9, the 32nd trading week of 2008, much to the detriment of resource comp…
Glencore plc
Linear Metals drills moly discovery at KM61
Armstrong, Ont. – If there is one character trait that a geologist must have, it is perseverance, and Matt Rees, ch…
Certej study predicts 11-year mine life
A feasibility study for European Goldfields’ (EGU-T, EGU-L) Certej gold-silver project in Romania says an open-pit mining operation could produce an average of 156,000 oz. gold and 814,000 oz. silver …
UPDATE:Xstrata wants Lonmin’s platinum
Xstrata (XSRAF-O, XTA-L) wants to widen its reach in its efforts to become the world’s pre-eminent diversified mine…
Xstrata signals faith in platinum
Xstrata (XSRAF-O, XTA-L) has signaled its faith in the platinum market by making a $10 billion pitch for London-bas…
Teck and Xstrata close Lennard Shelf mine
Teck Cominco (TCK. B-T, TCK-N) and Xstrata (XSRAF-O, XTA-L) are closing the Lennard Shelf Pillara zinc-lead mine in Western Australia, because it is no longer economic.
Teck-Cominco and Xstrata close Lennard Shelf mine
Teck-Cominco (TCK.A-T, TCK-N) and Xstrata (XTA-L) are closing the Lennard Shelf Pillara zinc-lead mine in Western A…
First Nickel on firmer ground with Lockerby
First Nickel (FNI-T, FNKLF-O)wants to put market questions around its Lockerby nickel mine, in Ontario’s Sudbury basin, to bed.
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,…
Antares study suggests Haquira economic
A scoping study and preliminary economic assessment of the nearsurface leachable portion of the Haquira copper deposit in south-central Peru suggest there is an opportunity for an economic operation a…
Higher input costs will squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and depreciation (EBITDA) margins over the next five years than they have over the past 20…
First Metals moves on Magusi development
First Metals (FMA-T) has just received permission to develop an underground access ramp to extract a 50,000 tonne b…