Xstrata signals faith in platinum
Xstrata (XSRAF-O, XTA-L) has signaled its faith in the platinum market by making a $10 billion pitch for London-bas…
Africa
Western Bushveld feasibility tackles South African power issues
A feasibility study for Platinum Group Metals’ (PTM-T, PLG-X) Western Bushveld joint venture in South Africa proposes producing 160,000 oz. platinum per year for at least nine years, plus palladium, r…
Historic Q2 can’t lift Etruscan’s shares
Although its second quarter represented a historic time for Etruscan Resources, (EET-T, ETRUF-O), the company has failed to gain any market traction from second-quarter results that saw its Youga gold…
High River Gold buys remainder of Prognoz silver project in Russia
High River Gold Mines (HRG-T) is snapping up the remaining 50% stake in the Prognoz silver project in the Republi…
Banro reports strong intercepts at Twangiza in the DRC
Assay results from an additional 30 core holes drilled at Banro’s (BAA-T, BAA-X) Twangiza project on the Twangiza-N…
Barrick posts strong results despite inflationary pressures
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per ba…
Newmont keeps tight grip on costs; strong second-quarter results
Despite industry-wide challenges of escalating operating and capital costs, Newmont Mining Corp. (NEM-N) says its s…
UAE pours oil money into mining
In an effort to shield itself from escalating costs of infrastructure-related materials, the government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the firs…
Iron ore market to stay strong in 2009: forecasts
The iron ore boom continues, with the market expected to stay firm through next year, according to a report by the Iron Ore Trust Fund of Geneva-based United Nations Conference on Trade and Developmen…
Potash, uranium, key themes at RBC conference;RBC conference
Commodity prices will remain strong for several years to come due to robust demand outside the United States and persistent supply constraints, according to presentations at the recent RBC Global Mini…
Good intercepts, delayed start-up for Equinox
Vancouver – It’s been an up-and-down summer for Equinox Minerals (EQN-T) as it tries to get its Lumwana copper proj…
Oromin looks beyond initial 1.4 million oz. at Sabodala
Oromin Explorations (OLE-V, OLEPF-O) has reported an initial inferred resource estimate totaling 1.4 million oz. of…