Robert Friedland calls copper the “real gold”
Describing many of the world’s current copper projects as “old ladies waiting in bed to die,” Robert Friedland, chi…
Rio Tinto plc
Goldcorp has high hopes for Peasquito
Just two years after acquiring its Peasquito property in Mexico’s state of Zacatecas, Goldcorp (G-T, GG-N) poured …
Waratah’s coal project nixed in Queensland (September 22, 2008)
An environmental ruling against Waratah Coal’s (WCI-V, WGO-A) multibillion-dollar proposal for a major coal port development on the east coast of Australia has crushed the stock. On the news, Waratah …
Bear Creek boosts Santa Ana silver (September 22, 2008)
VANCOUVER — A new resource estimate for Bear Creek Mining’s (BCM-V, BCEKF-O) Santa Ana silver deposit in southern Peru has almost tripled measured and indicated resources.
Taca Taca cha-cha: Rio returns option to Lumina (September 15, 2008)
VANCOUVER — After drilling six holes, Rio Tinto (RTP-N, RIO-L) has taken a pass on Taca Taca, giving its option on the Argentinean property back to Lumina Copper (LCC-V, LCPRF-O). And this, as Lumina…
China: From investee to investor
The past decade has seen China gradually shift from being a net recipient of overseas investment in the mining sector to being a net provider of mining investment overseas. Companies have to recognize…
Norwegian finance minister blacklists Rio
Vancouver A $400 billion Norwegian government pension fund has dumped all of its $820 million worth of Rio Tinto …
Bear Creek boosts Santa Ana silver (September 05, 2008)
Vancouver – A new resource estimate for Bear Creek Mining’s (BCM-V) Santa Ana silver deposit in southern Peru has a…
NovaGold sells Ambler; mulls future asset sales
Now that troubled NovaGold Resources (NG-T) has found a buyer for the last of its non-core assets, the company says…
Chinalco limited to 15% Rio Tinto stake
The Australian government has approved a maximum holding of 14.99% in the shares of Rio Tinto PLC( RTP-N, RIO-L) for Aluminum Corp. of China (Chinalco). The approval is subject to the conditions that …
Navasota unperturbed by Rio’s troubles in Guinea
VANCOUVER –Christopher Wild, the president and CEO of Navasota Resources (NAV-V, NAORF-O), doesn’t have any grand delusions about his company’s giant bauxite property in Guinea, West Africa.
Taca Taca cha-cha: Rio returns option to Lumina (August 26, 2008)
Vancouver – After drilling six holes Rio Tinto (RTP-N, RIO-L) has passed the buck again on Taca Taca, giving its op…