For Uranium One, the Honeymoon’s over (August 14, 2008)
Vancouver – Uranium One’s (UUU-T) decision to sell some of its earlier stage uranium properties this spring has hit…
Australia, NZ & South Pacific
Ivernia sees end to Magellan shutdown (August 14, 2008)
Ivernia’s (IVW-T) Magellan lead mine in Western Australia is still on care and maintenance but the company says it …
“Friedland envy” haunts Diggers & Dealers
Perth, Western Australia — Over the past five years, master entrepreneur Robert Friedland has created a guessing g…
Billionaire to form China-focused resource giant
An Australian billionaire plans to launch his private company, Resource Development International, as a resources g…
NGO’s ready for BHP in Indonesia
A battle could be brewing for BHP Billiton (BHP-N, BLT-L) on a small island in Indonesia. The company that has …
Harmony and Newcrest teaming up in PNG
Two of the biggest gold miners not listed on the TSX are combining forces in Papua New Guinea (PNG) with the hopes …
JV buys Kintyre from Rio Tinto
Cameco (CCO-T, CCJ-N) is teaming up with a subsidiary of Mitsubishi Corp. (MSBHY-O) to buy Rio Tinto’s (RTP-N, RIO-L) Kintyre uranium project in Australia for US$495 million.
Teck and Xstrata close Lennard Shelf mine
Teck Cominco (TCK. B-T, TCK-N) and Xstrata (XSRAF-O, XTA-L) are closing the Lennard Shelf Pillara zinc-lead mine in Western Australia, because it is no longer economic.
Citigroup hikes short-term coking coal price targets
Citing continued tight supply, Citigroup has raised its targets for metallurgical or hard coking coal for the next few years. A research report by analyst Alan Heap forecasts that prices will rise in …
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…
Crescent gets Australian potash play
Crescent Resources’ (CRC-V) move to acquire a massive swath of potash exploration ground in Australia sent the comp…
Peabody expanding presence in Australia
Peabody Energy (BTU-N) is taking all of the Millennium coal mine in Australia.The coal producer says it has alr…