Metals Stocks Gold ticks up after lackluster China data
SYDNEY (MarketWatch) -- Gold futures ticked higher in electronic trade during Asia hours Friday after a pair of manufacturing surveys from China showed just marginal ...
View ArticleIron-ore drops to one-month trough on slow Chinese demand
SINGAPORE– Spot iron-ore prices fell to one-month lows and were headed for a second straight week of losses, as buying interest from top importer China thinned amid high stockpiles of steel ...
View ArticleIndias Nalco issues 30 000 t alumina export tender
BHUBANESWAR - Indian state-run National Aluminium Co Ltd (Nalco) had issued a tender to export 30 000 t of alumina for delivery this month on free-on-board (FOB) basis, two company sources said on ...
View ArticleGold heads for third week of loss
SINGAPORE - Gold traded little changed on Friday and was headed for a third straight week of loss, as a strong dollar and waning investor interest weighed on sentiment, although physical buying from ...
View ArticleRio Tinto Mongolia wrangle on Oyu Tolgoi costs
MELBOURNE - Rio Tinto said on Friday it had failed to resolve cost disputes with Mongolia over the $6.2-billion Oyu Tolgoi copper and gold mine in talks this week, but the two sides agreed on a ...
View ArticleAurora adds to Eagle Ford acreage
PERTH (miningweekly.com) - Dual listed Aurora Oil & Gas would spend some $117.5-million to acquire 2 700 acres of land in South Texas. The assets consist of two consolidated blocks located ...
View ArticleSilver Lake loses profits on Integra merger
PERTH (miningweekly.com) - Gold miner Silver Lake Resources has reported a decrease in its profits for the interim period ending December, mainly owing to a A$15.3-million business combination ...
View ArticleNorton certain of Paddington production in 2013
PERTH (miningweekly.com) - ASX-listed Norton Gold Fields on Friday told shareholders that its Paddington mine, in Western Australia, could deliver between 154 000 oz and 162 000 oz during 2013, at a ...
View ArticleOMH reports increase in revenues
PERTH (miningweekly.com) - Despite difficult trading conditions and challenging operating conditions at its Bootu Creek mine, manganese miner OM Holdings (OMH) has reported a 5% increase in revenue ...
View ArticleFinland ranked as 1 for global mining investment—Fraser Institute Survey
742 mineral exploration and development companies surveyed by Vancouver's Fraser Institute say Indonesia is the worst place to do business out of 96 global ...
View ArticleMZI proves more resources at Keysbrook
PERTH (miningweekly.com) - Mineral sands hopeful MZI Resources has increased the mineral resource estimate at its flagship Keysbrook project, in Western Australia, by some 60%. The ASX-listed ...
View ArticlePetrovietnam Eni Ink Study Pact for Unconventional Energy Exploration
State-backed PetroVietnam and Italian major Eni inked a joint venture agreement Thursday which paves the way for the latter to enter into partnerships for coal bed methane and shale oil exploration ...
View ArticleCITIC mining canary sings
By Humberto Marquez CARACAS - An agreement signed by the government of Venezuela and the Chinese state-owned company CITIC Group for prospecting and mapping the country's mining reserves is ...
View ArticleBrazil Mining Giants Vale Announce First Quarterly Loss in Ten Years
Jos Carlos Martins. (Photo courtesy of Government of Bahia, by Mateus Pereira/Secom) Brazilian mining heavyweight Vale, based in Rio de Janeiro, announced its first quarterly loss in ten years ...
View ArticleChile Codelco to invest more than $5bn this year
SANTIAGO – Chilean state miner Codelco plans to invest more than $5-billion this year, up from the roughly $4-billion it spent last year, as the world's No 1 copper producer seeks to stave ...
View ArticleNorthland outlines plan to keep Kaunisvaara iron ore mine going
Facing potential bankruptcy, iron ore producer Northland Resources issues details on its plan to remain solvent and pay back its $500 million in ...
View ArticleExpert cautions against gold chase
Chinese consumers kept bargain-hunting for gold bars and jewelry in Guangzhou ahead of Sunday's Lantern Festival and after gold prices reached a nine-month low last week, Chinese media reported ...
View ArticleWorlds 1 copper producer fending off global headwinds
Chile has performed beyond expectation despite slowed commodities demand from its top trade partner, China, and from euro zone nations still mired in crisis. Despite declining copper prices, Chilean ...
View ArticleBritish Columbia doubling coal export capacity
Canada is investing more than $400 million to upgrade five coal terminals in British Columbia to up exporting capacity to morethan 82 million tons annually. Coal - mostly coking coal used in ...
View ArticleA PDAC survivalists tips list navigating the worlds biggest exploration and...
Prospectors and Developers Association of Canada (PDAC) annual convention , March 3-6, Toronto, Ontario. It's the world's largest exploration and mining show. About 30,000 people showed up ...
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