Vale cuts iron pellet price for Nucor
Vale (RIO-N) is cutting the price of the iron pellets it sells this fiscal year to Nu-Iron, a subsidiary of U.S. st…
Asia
Jinshan gets US$31 million loan from China National Gold
Having China’s largest state-owned gold producer in its corner is starting to pay big dividends for Jinshan Gold Mi…
M&A, Financings Power Junior Sector
The year’s 23rd trading week was highlighted by lots of small but significant events, as the North American mining sector continued to gain strength after a long hard winter of hunkering down.
Rare Earth Metals: On The Cusp Of A Rally?
While the surge in high-technology and green technology applications for rare earths seemingly indicates good times ahead for miners and explorers of these metals, an Australian analyst suggests a dos…
Silvercorp Makes Play For Klondex
The largest silver miner in China, Silvercorp Metals (SVM-T, SVM-X), is turning its attention westward with an unsolicited all-share takeover bid for Klondex Mines (KDX-T, KLNDF-O), owner of the advan…
Rio Tinto Scraps Chinalco Deal For Iron Ore JV With BHP
Rio Tinto (RTP-N, RIO-L) shares surged 10.3% on the London Stock Exchange and 6.2% on the New York Stock Exchange on June 5 after the mining giant declared it was walking away from a deal with Chinese…
Eldorado Scoops Up 20% Stake In Sino Gold
Eldorado Gold (ELD-T, EGO-X) plans to buy a 19.9% stake in China-focused Sino Gold Mining (SIOGF-O, SGX-A) in an all-share transaction with Gold Fields (GFI-J, GFI-N) valued at US$282 million.
Mongolian Politics, Up Close
Julian Dierkes is one of Canada’s foremost authorities on Mongolia.
Mongolian government suspends Centerra mining license
Vancouver – As Centerra Gold’s (CG-T, CAGDF-O) headache in the Kyrgyz Republic dissipates a fresh one is build…
Pebble Creek gets penultimate permit for Askot in India
It’s been thirteen long years in the making but Pebble Creek Mining (PEB-V, PBLEF-O) is now just one step away fr…
Silvercorp in unsolicited takeover bid for Klondex
China’s largest silver miner, Silvercorp Metals (SVM-T, SVM-X), is turning its attention westward with a planned un…
Uranium Zero?
Uranium One’s share-price collapse due to political intrigue in Kazakhstan made it the most visible miner in the broader markets during 21st trading week of the year. The implosion drew extra attentio…