B2Gold shows operational savvy in Q1
First-quarter results for B2Gold (TSX: BTO; NYSE-MKT: BTG) are in, and they show a company that is establishing itself as a bonafide mid-tier gold producer.
Asia
Mongolian gov’t looks to end dispute with miners
VANCOUVER — Reports have surfaced that discussions within the Mongolian parliament may end a stalemate between the central government and international mining companies active in the country.
Angkor Gold presses ahead in Cambodia
A prospect Angkor Gold (TSXV: ANK; US-OTC: ANKOF) picked up in northeastern Cambodia in 2012 may soon become the country’s first modern, commercial gold mine, president and CEO Mike Weeks says.
Metals Commentary: Indonesia export ban crimps China’s bauxite supply: Wood Mackenzie
The following is an edited commentary by U.K.-based metals and energy analysts Wood Mackenzie.
Editorial: Turkey in mourning
Outside of the all-too regular horrors of China’s underground mines, the coal mine explosion on May 13 at Soma, 250 km south of Istanbul in western Turkey, is the worst mine disaster in recent memory.
Uranerz Energy’s Nichols Ranch starts production
Uranerz Energy (TSX: URZ; NYSE-MKT: URZ) has become the newest member of a small club of uranium producers now that its first uranium mine — Nichols Ranch — received final clearance from the U.S. Nuclear Regulatory Commission and…
Rio Tinto struggles with Pilbara iron ore, Oyu Tolgoi
VANCOUVER — Despite setting production records during the first quarter, Rio Tinto (NYSE: RIO; LSE: RIO) is not off to the best start to 2014. The company struggled with bad weather at its iron-ore operations in Western Australia,…
Metals Commentary: What’s behind molybdenum’s dramatic price response
Molybdenum prices in Europe have risen rapidly after the World Trade Organization (WTO) confirmed that the export duties and quotas imposed by China on molybdenum are incompatible with its WTO obligations. This report concludes a dispute…
Turquoise Hill, Rio Tinto expect a delay in Oyu Tolgoi’s financing
Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) CEO Kay Priestly says “good progress continues to be made” with the Mongolian government to resolve outstanding shareholder issues at the company’s 66%-held Oyu Tolgoi…
Chinese consortium buys Las Bambas
A Chinese consortium led by MMG, an arm of state-owned China Minmetals Group, is buying Glencore Xstrata’s (LSE: GLEN) enormous Las Bambas copper project in Peru for US$5.85 billion in cash.
Japan approves pro-nuclear energy plan
Visibility has improved on the re-start of nuclear reactors in Japan, after the island nation’s Cabinet approved a new Energy Plan on April 10.
China loses REE dispute at WTO
A dispute panel at the Word Trade Organization (WTO) has reached a strong decision against the Chinese government policy of restricting exports of rare earth minerals, tungsten and molybdenum — all key ingredients in high-value, high-tech…