2007

CVRD changes name to Vale

Say goodbye to the abbreviation CVRD. Companhia Vale do Rio Doce, the Brazilian mining giant, has changed its name to Vale (RIO-N).


Canadians lead new Scramble for Africa

London, U.K. — Africa is endowed with an abundance of natural resources, particularly minerals — hence the “Scramble for Africa” of the pre-colonization era in the 18th and early 19th centuries, whe…





Rio spends as suitors circle

Rio Tinto (RTP-N, RIO-L) plans to get stronger and thwart BHP Billiton’s (BHP-N, BLT-L) hostile takeover bid the old-fashioned way — through organic growth.


Platinum shortfall

Vancouver — Global demand for platinum is poised to touch a record level of 6.93 million oz. this year, up 195,000 oz. or 2.9% from 2006, says refiner and PGM marketing group Johnson Matthey in its r…



Editorial: Galore Creek blues

The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…





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