Antofagasta’s shares surge after it doubles dividend payout
Antofagasta plc has more than doubled its dividend payout for 2012 despite booking a US$500 million impairment on its Antucoya copper project.Announcing its annual results, Antofagasta said it would ...
View ArticleExxaro strikes continue coal supply uncertain
JOHANNESBURG (miningweekly.com) – State-owned power utility Eskom’s Exxaro-supplied power stations may face coal supply challenges as strikes at the JSE-listed diversified miner’s ...
View ArticleBotswana eyes 115 Mt of thermal coal exports in 7 years
PANAJI, INDIA - Botswana is likely to export 115-million tons of thermal coal in the next seven years and will soon look to private companies to build a rail line to a port in neighbouring Namibia, a ...
View ArticleEMED welcomes Andalucian delegates at PDAC in support of Rio Tinto Mining...
(MENAFN - ProactiveInvestors - N.America) At the recent PDAC conference in Toronto, EMED Mining (LON:EMED) (TSE:EMD) welcomed Mr. Ignacio Caraballo, President of provincial governmental institution ...
View ArticleFirst Quantum Minerals urges Inmet shareholders to tender before Monday midnight
EURoeI urge all Inmet shareholders to ensure that this opportunity is not lost through inaction today,EUR First Quantum CEO and chairman Philip Pascall said in a statement. EURoeOur offer is full, ...
View ArticleUPDATE 1-Greenlanders vote in election focused on mining China
Tue Mar 12, 2013 11:11am EDT * Capital shows effects of change, including cinemas, offices * Coastal residents fear impact on traditional livelihoods By Alistair Scrutton NUUK, March 12 (Reuters) - ...
View ArticleCOLUMN-Drilling for more oil in your fuel tank Kemp
Tue Mar 12, 2013 11:38am EDT (John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON, March 12 (Reuters) - North America's shale fields are the most visible ...
View ArticleBlack Elk signs $50M deal to fund 2013 Gulf drilling
Houston's Black Elk has signed a $50 million commitment with a New York-based hedge fund to finance drilling in the Gulf of Mexico. Houston-based Black Elk Energy Offshore Operations LLC has ...
View ArticleBHP imminent asset sales could raise $25 billion
Mining giant BHP Billiton's (ASX:BHP) (LON: BLT)(NYSE: BHP) push to sell non-core assetsto reduce debt and simplify its operations,may be materializing very soon, as the world's biggest ...
View ArticleINFOGRAPHIC Canada is falling down the debt hole
Canadian Mortgage Institute spells out the Great North's debt worries. "The household debt situation certainly doesn't spell good news for Canada. Unfortunately, personal debt levels ...
View ArticleAnother environmental disaster hits China thousands of dead pigs found in...
hazardous levels of air pollution . The incident, the latest environmental crisis to hit Beijing, has triggered a public outcry mainly through social media, as concerns have been running high over ...
View ArticleIron ore free fall strikes projects miners and frightens investors
The Steel Index , a price-reporting agency, shows spot prices for the benchmark 62% of the steelmaking commodity dropped to $144.10 a tonne yesterday, the lowest this year. It means that, so far, ...
View ArticlePeter Schmied resigns as director of Gold World Resources
Mr. Schmied has always supported and will continue to support the Company, and we wish to thank him for his many years of support and ...
View ArticleDuane Parnham acquires shares of Giyani Gold Corp.
March 12, 2013 /CNW/ - Duane Parnham has acquired, in the aggregate, 5,541,907 common shares (the "Shares") in the capital of Giyani Gold Corp. ("Giyani" or the ...
View ArticleTuesday Sector Leaders Precious Metals Computers
In trading on Tuesday, precious metals shares were relative leaders, up on the day by about 2.3%. Leading the group were shares of Endeavour Silver (EXK), up about 9% and shares of Almaden Minerals ...
View ArticleGem Diamonds to establish Lesotho manufacturing facility
JOHANNESBURG (miningweekly.com) – London-listed Gem Diamonds was in the process of establishing an in-country manufacturing facility for its flagship Lesotho-based Letšeng mine to ...
View ArticleSylvania moves to ‘make up’ 900 oz production loss
JOHANNESBURG (miningweekly.com) – Platinum-group metals producer Sylvania Platinum on Tuesday said it was reviewing strategies to make up the loss of 900 oz of platinum production following two ...
View ArticleNamakwa tenders raise revenue of $4.5-million
JOHANNESBURG (miningweekly.com) – Two recent diamond tenders in Antwerp have earned Africa-focused diamond miner Namakwa Diamonds about $4.5-million. The company sold 13 976 ct of diamonds ...
View ArticleKenmare expects ‘watershed’ 2013
on Wednesday said he expected 2013 to be a "watershed year" for the company, as its Mozambique-based Moma asset came on-stream. "With the expansion coming on stream, we are now at ...
View ArticleVale to stick to Mozambique coal target despite floods
MAPUTO - Brazil's Vale still expects to export 4.9 million tonnes of coal from its mine in Mozambique this year despite a temporary shutdown of a flood-hit railway line linking its pit with the ...
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