Brazil’s richest man denies gold smuggling, fixing tender
Vancouver – Shares of companies partially owned by Brazil’s richest man, Eike Batista, continued to take a beating …
Anglo American plc
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,…
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…
Global zinc supply uncertain after earthquake in China
The fate of zinc mining operations in China remains unknown after a massive earthquake devastated much of Sichuan province on May 12, leaving more than 40,000 people dead.
Higher input costs will start to squeeze margins, Citigroup says
Despite rising costs, mining companies will still be able to deliver “sustainably higher” earnings before tax and d…
Global zinc supply uncertain after massive earthquake in China; labour dispute in Namibia
The fate of zinc mining and smelting operations in China remains unknown after a massive earthquake devastated much…
Exeter’s Caspiche delivers long intercepts
VANCOUVER — Its flagship Don Sixto gold project is still on hold because of Argentinean politics but Exeter Resource (XRC-V, XRA-X)keeps moving along, buoyed by promising results from its Caspiche co…
No end in sight for moly rally (March 31, 2008)
Diminishing inventories, surging steel consumption and the widening scope of end-uses for molybdenum will sustain the current rally in prices for the base metal, according to the CPM Group, a New York…
Platinum price volatile as South African power crisis continues
VANCOUVER — Broken generators and cold, wet weather are once again threatening operations at South African mines and forcing the country’s residents to endure rolling blackouts.
Platinum volatile as South African power crisis continues
Vancouver – Broken generators and cold, wet weather are once again threatening operations at South African mines an…
New resource estimate for Pebble East
An updated resource estimate for Pebble East confirms Northern Dynasty Minerals’ (NDM-T, NAK-X) claims that its copper-gold-molybdenum deposit in southwestern Alaska is one of the most significant in …
Never at Wits’ end
South Africa’s Witwatersrand basin never seems to run out of gold; you might even say it’s never at Wits’ end.