Reliance buying Metals USA for roughly US$766.1 million
Reliance, which processes metals and distributes about 100,000 metal products, said Wednesday that it will pay US$20.65 per Metals USA share. That's a 13 percent premium to Tuesday's ...
View ArticleMETALS OUTLOOK Watching Currency Markets For Direction
A pickup in currency market volatility has spilled over to affect the metals markets, and the direction of foreign exchange markets could continue to affect metals into next week. Market ...
View ArticleGold Fields spin-off a vote on SA mining industry
OHANNESBURG – South Africa's Gold Fields will list most of its local assets as a separate company from Monday, testing investor appetite for a mining industry battered by labour unrest. ...
View ArticleAurizon Mines says in talks with a number of suitors
TORONTO (miningweekly.com) – Toronto- and New York-listed Aurizon Mines, which in January rejected an unsolicited C$780-million offer from Alamos Gold, on Friday said it had entered into ...
View ArticleSwan under pressure to boost mining tax revenue
Treasurer Wayne Swan has been urged to change the design of the mining tax after it was revealed it raised well below the amount of money forecast. Mr Swan yesterday said, well short of the $2 ...
View ArticlePittsburgh airport OKs $500M gas drilling deal
PITTSBURGH (AP) -- The Allegheny County Airport Authority has approved a $500 million deal with Consol Energy for rights to drill for natural gas and oil at Pittsburgh International ...
View ArticleNewmonts Peru ambitions take another knock as water authority rejects...
Peru's National Water Authority has rejected a permit for Newmont Mining (NYSE: NEM) to extend its Yanacocha gold mine, South America's ...
View ArticleAustralia’s uranium industry in turbulence
Recent news from Australia raises serious concerns about the future development of its domestic uranium industry. While established players are exiting the market, others are lining up to explore ...
View ArticleTri-River Ventures Inc. - Change to Board of Directors
Tri-River is a Canadian based exploration company focused on acquisition, exploration and development of mineral resource properties. The Company is currently exploring its options with respect to ...
View ArticleUpdate on recent drilling Snow Lake Manitoba VTEM targets
December 19, 2012 at the Snow Lake, Manitoba, property. The drilling tested a VTEM airborne geophysical anomaly which had been further defined with a TDEM ground geophysical survey performed by ...
View ArticleMajoring in Gold Mining College Sees Degrees
The College of Southern Idaho has developed a new millwright course that meets the entry-level employment needs for Newmont Mining, one of the world's largest gold mining companies, with mines ...
View ArticleColombias Santos sends minister to mediate in coal strike
on Friday sent his labour minister to mediate a dispute over wages and benefits at the country's largest coal exporter after its workers went on strike. The South American country is facing ...
View ArticleUS to probe coal sector for export royalty shortfalls
WASHINGTON – The US Interior Department on Friday said officials will investigate whether miners and traders skirted royalty payments on lucrative coal exports to Asia. The Senate Energy and ...
View ArticleSoybean prices drop on higher estimates for Brazilian crop metals and energy...
Soybean prices are settling lower following higher estimates for Brazil's crop. The March contract for soybeans ended at $14.525 a bushel Friday, down 34.25 cents or 2.3 percent. Higher ...
View ArticleWorlds saltiest pond may hold clues to water on Mars
A research team led by Brown University geologists has discovered how Antarctica's Don Juan Pond gets the salty water it needs to exist. Situated in the frigid McMurdo Dry Valleys, Don Juan Pond's ...
View ArticleDrilling complete Curiosity rover bores a hole in a Martian rock lab analysis...
LOS ANGELES, Calif. - To scientists' excitement, the Curiosity rover has completed its first drilling on Mars and is preparing to analyze a pinch of powdery rock. Images beamed back to Earth ...
View ArticleCuriosity rover completes first drilling into Mars rock
At the centre of this image released to Reuters on February 9, 2013 from NASA's Curiosity rover is the hole in a rock called "John Klein" where the rover conducted its first sample ...
View ArticleMiners gear up for Tarkine exploration boom
Waratah 7321 Miners are preparing for an exploration boom in Tasmania's north-west after the Federal Government rejected a bid to put large parts of the area on the National Heritage ...
View ArticleAsteroid mining company is now hiring. Just in time for 2012 DA14
will be hurtling (in astronomical terms) a hair's breadth from the earth on Friday, now is a great time to send in your application to become an asteroid miner. Which is probably why Chris ...
View ArticleChina to close 5000 coal mines this year
Xinhua reports , citing China's State Administration of Work Safety. China - the globe's number one importer and producer of coal - has told producers to complete the installation of ...
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