If the dry weather in the United States continues it could turn out to be “the worst drought of our generation,” CIBC analyst Jacob Bout writes in a 196-page industry report, noting that damage to the corn crop so far this year is…
VANCOUVER — Molybdenum gets little glory in the metals world. On the production side more than half of it is produced as a by-product of more prominent metals like copper, while on the consumption side it is mostly used as a secondary…
Orsu Metals (OSU-T, OSU-L) has taken another step towards getting its Karchiga copper production into production.
Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company’s Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining…
When Xstrata (XTA-L) put its share of the US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the country — especially given…
VANCOUVER — The Aluminum Corporation of China (Chalco) and Ivanhoe Mines (IVN-T, IVN-N) have agreed to wait a month before Chalco make its official offer to buy Ivanhoe’s stake in SouthGobi Resources (SGQ-T) as doubts remain as to…
VANCOUVER — SouthGobi Resources (SGQ-T) is ramping down production at its Ovoot Tolgoi coal operation in Mongolia as it faces an uncooperative government and dwindling coal contracts.
On the Philippine island of Mindanao, advancement of the Tampakan project — encompassing one of the planet’s largest undeveloped copper-gold deposits — remains in limbo following months of environmental opposition to a planned…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 4 June 1 May 31 May 30 May 29 US$ in C 1.0418 1.0380 1.0349 1.0286 1.0253 …
Chief investment strategist Dale Choi of Frontier Securities in Ulaanbaatar reported today that Mongolia’s Ministry of Mineral Resources and Energy is proposing measures that would designate at least 30% of the country’s…
After hosting two days of meetings with government policy advisors, experts and consultants about China’s medium- to long-term demand for commodities, the Nomura Group concludes the country’s industrial demand is “moving to…
Ivanhoe Mines (IVN-T, IVN-N) is shifting gears as it adjusts to Rio Tinto (RIO-N) having acquired a majority ownership stake in the company, and first production approaches at its Oyu Tolgoi copper-gold-silver mine in Mongolia.Ivanhoe released…
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