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Base metals close lower

BASE metals on the London Metal exchange (LME) have closed lower, with most extending early losses toward the European close after a weakening euro parred ...

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Heraeus Purchases the Ferro Corporations Solar Paste Business

Feb. 6, 2013 /CNW/ - Heraeus Precious Metals, business group of the German precious metal and technology group Heraeus, has purchased the Ferro Corporation's solar paste business unit. Heraeus ...

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Eco Oro infill drilling returns high grade results at Angostura

Feb. 6, 2013 /CNW/ - Eco Oro Minerals Corp. ("Eco Oro" or the "Company") (TSX: EOM) reports that results from the infill drilling program completed ...

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Bear Creek Grants Incentive Stock Options

Feb. 6, 2013 /CNW/ - Bear Creek Mining (TSX Venture: BCM / BVL: BCM) ("Bear Creek" or the "Company") announces that the Board of Directors has authorized the grant of 1,928,000 ...

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Burma - Burmese mining ministry drops defamation case against weekly

for reporting graft allegations was dropped on 31 January 2013, in the latest sign of easing pressure on the nation's long-muzzled media.A Yangon court agreed to withdraw charges ...

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Wisconsin GOP-backed mining bill clears Senate panel

MADISON, Wis. -- Wisconsin Republicans moved closer Wednesday to passing a sweeping overhaul of the state's mining regulations, pushing the proposal through a pair of committees and setting up a ...

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Ivan Glasenberg obscure billionaire no more

where she pulls together everything - which is not all that much - that is known about the intensely private CEO of Glencore International. Glasenberg, 55, holds more than a 15% stake worth $6.5 ...

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Rinehart to profit on coal discovery in eastern Australia

The Australian reports billionaire miner Gina Rinehart will likely be cashing in once again as a result ofInternationalCoal's (ASX: ICX) discovery Wednesday of an extremely high-quality coal ...

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West Omai Inferred Gold Resource Increases to 1.65Moz

Feb. 7, 2013 /CNW/ - Azimuth Resources Limited (ASX and TSX: AZH) (the "Company" or "Azimuth") is pleased to announce a 35% increase in its JORC code and National Instrument ...

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Colt Resources Provides an Update on its Previously-Announced Private Placement

Feb. 6, 2013 /CNW Telbec/ - Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) is pleased to announce that it has completed a second portion of ...

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Big bucks from rocks Study shows Minnesota mining impact potential

Iron ore mining in Minnesota has a $3.2 billion annual impact on the state's economy, according to a new University of Minnesota Duluth study, but that's only half the story if copper ...

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Glencore could be looking at First Quantum takeover

Bloomberg's Olivia Sterns reports on what the next move of Glencore's Ivan Glasenberg could be now that Xstrata is in the bag. Glasenberg is known as a voracious dealmaker and is said to ...

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Colombia coal workers mull Cerrejon strike before Friday cutoff

BOGOTA – Workers at Colombia's largest coal exporter, Cerrejon, have a little more than a day to start a strike before the window to walk out closes, union officials said on Wednesday. ...

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Global steel giant ArcelorMittal slips into red

LONDON - ArcelorMittal, world's largest steelmaker, has reported a net loss of $3.73 billion in 2012 largely due to $5.6 billion write down and charges related to the company's European businesses, ...

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Angolas Catoca eyes diamond exploration in Zimbabwe

is keen to boost a traditionally strong diamond sector where few companies are currently drilling, but is also seeking to diversify both its own mining sector and the portfolio of its ...

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University study says iron ore mining has a $3 billion impact in Minnesota

DULUTH, Minn. - A new university study finds iron ore mining has an annual economic impact of more than $3 billion in Minnesota. The University of Minnesota Duluth study found mining, processing and ...

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Pat Bell on HD Mining now versus then

2/7/2013 While Jobs Minister Pat Bell says his comments last night about the HD Mining controversy are not a dramatic turn around, an interview a few months ago seems to show otherwise. This is ...

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Teck Resources profit slide on dwindling coal prices

TORONTO (miningweekly.com) – Despite achieving higher coal and significantly improved copper sales, Canadian diversified miner Teck Resources posted a 77% slide in fourth-quarter profit on ...

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Wis. Republicans Push Mining Bill Through Committees

Yesterday Wisconsin lawmakers passed a controversial mining deregulation bill out of two committees. Assembly and Senate mining committees were scheduled to meet at the same time on opposite sides of ...

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Fresh blow to Nat Rothschild in Indonesian coal boardroom brawl

Banking empire scion Nat Rothschild's Bumi plc, which owns chunks of the Bakrie dynasty of Indonesia's coal assets, has suffered a fresh blow. A corporate governance advisory service, ISS, ...

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