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Latest News

 

Metalloinvest 2011 Iron-Ore Output Rose 9%

Published Date: January 27, 2012
Source: bloomberg.com

Metalloinvest, Russia’s largest iron-ore producer, said output rose 9 percent last year to 40.1 million metric tons. Steel production... read more
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Posco Said to Consider Lower Capacity at Planned India Plant

Published Date: January 27, 2012
Source: bloomberg.com

Posco may build a smaller steel mill than planned in India after failing to secure enough land for what would be the biggest overseas invest... read more
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African Barrick Gold unveils fourfold increase in gold resource at Tusker

Published Date: January 27, 2012
Source: proactiveinvestors.co.uk

African Barrick Gold now has greater confidence in the Nyanzaga project in Tanzania following a fourfold increase in the resource estimate f... read more
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Rio Tinto may shake up Ivanhoe management

Published Date: January 27, 2012
Source: marketwatch.com

Rio Tinto expects to replace some directors and management at Ivanhoe Mines after grabbing majority control of the Canadian mining company, ... read more
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Vendanta Zambia unit miners win 17 pct pay rise

Published Date: January 27, 2012
Source: reuters.com

Konkola Copper Mines, the Zambia miner owned by Vedanta Munyenyembe, has awarded its workers a 17 percent pay increase, ending weeks of nego... read more
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Cliffs Natural Resources provides update on 2011 results and 2012 outlook

Published Date: January 27, 2012
Source: marketwatch.com

Cliffs Natural Resources today provided an update on its 2011 expected results by business segment, along with its business segment outlook ... read more
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Volta Mining on the hunt for West African gold after new acquisition

Published Date: January 27, 2012
Source: proactiveinvestors.com.au

Volta Mining has dialled into the highly prospective area of West Africa which boasts a strong history of gold production, with a new strate... read more
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Merc Completes Acquisition of Colomac Gold Mine

Published Date: January 27, 2012
Source: newswire.ca

Merc International Minerals is pleased to announce that it has completed the acquisition of a 100% interest in the mineral claims and leases... read more
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Dundee Metals wins Bulgarian court decision over rights to gold project

Published Date: January 27, 2012
Source: canadianbusiness.com

The Bulgarian Supreme Administrative Court has confirmed the rights of a subsidiary of Dundee Precious Metals over the Krumovgrad gold minin... read more
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Brazil Vale Gets License To Mine High-Grade Iron-Ore Pit At Carajas Mine

Published Date: January 27, 2012
Source: foxbusiness.com

Brazilian miner Vale SA said that it was granted an operation license to mine a high-grade iron-ore pit at Carajas in north Brazil. The lice... read more
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