Iron ore prices to rise, BHP says, even as China curbs liquidity
BHP Billiton (BHP-N) chief Marius Kloppers told Australian Broadcasting Corp.’s Inside Business program in an …
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Imperial’s Red Chris Gets Supreme Court Exemption
VANCOUVER — In a decision more than three years in the making, the Supreme Court of Canada ruled the ministries working under the Canadian Environmental Assessment Agency (CEAA) were wrong to reduce …
CAW Asks Gov’t To Keep Kidd Open
The Canadian Auto Workers union has called on both the Ontario and the federal governments to investigate Xstrata’s (XTA-L, XSRAF-O) decision to close the Kidd metallurgical site in Timmins, Ont., thi…
NA Palladium Searches For Gold Around Sleeping Giant
Now that North American Palladium (PDL-T, PAL-X) has reached commercial production at the Sleeping Giant gold mine and mill 80 km north of Amos, Que., the company is gearing up to spend $6.2 million o…
Potash Corp.’S Financial Results ‘Below Potential’
Potash Corp. of Saskatchewan’s (POT-T, POT-N) sales volumes of potash last year were the lowest since it became a publicly-traded company in 1989.
Fortuna Silver Hits High Grade At Caylloma, Raises $30 M To Build San Jose In Mexico
VANCOUVER — With the discovery of a high-grade, gold-silver segment of the main vein at the Caylloma mine, receipt of the final permits for development of the San Jose mine, and $50 million in new fu…
Lobo-Marte Boosts Kinross’s Gold Reserves
Kinross Gold (K-T, KGC-N) has announced its first reserve at the Lobo-Marte gold project in northern Chile. The project has a proven and probable reserve of 141 million tonnes grading 1.22 grams gold …
International Minerals And Hochschild Boost Inmaculada
VANCOUVER — International Minerals (IMZ-T) upped the resource count at its 51%-owned Inmaculada gold-silver project in Peru, a joint venture with Hochschild Mining (HOC-L).
Investors Whipsawed By Dollar Rally
The fifth trading week of the year saw a convulsion in the global stock markets, once again showing that even if the overall trend of North American stock markets has been flat this past decade, the a…
ICSG Sees Growth For Copper Mines And Plants
Annual copper mine production capacity at mines is expected to grow at an average rate of 4.3% per year between 2009 and 2013 to reach an output of 23.1 million tonnes in 2013, according to a new dire…
GE And Komatsu Deliver Mining Trucks To India
General Electric’s (GE-N) transportation wing GE Transportation and Japanese equipment manufacturer Komatsu have delivered 17 AC mining trucks to Hindustan Zinc’s operations in India.
SGS VP Awarded Canadian Mineral Processor Of The Year
Chris Fleming, VP of metallurgy at SGS Mineral Services, has been awarded the Canadian Mineral Processor of the Year by the Metallurgical Society of CIM (MetSoc).