Cecilia Jamasmie , Editor-in-Chief

Xstrata and Glencore went from dating to a (more) serious relationship

The long-term fling between mining group Xstrata PLC (LON:XTA) and commodities trader Glencore International PLC (LON:GLEN) is getting serious. In a statement in response to increasing speculation about an upcoming merger, Xstrata confirmed today that it is in negotiations with Glencore.

Cecilia Jamasmie | February 2, 2012 | 2:23 pm

BHP axes nickel operations in Western Australia

BHP Billiton Ltd., the world’s largest mining company and the fourth-largest nickel producer, announced today that is decreasing mining operations at its West Australian locations by 30 percent.

Cecilia Jamasmie | February 1, 2012 | 3:43 pm

BHP Billiton exits titanium industry by selling stake in Richards Bay Minerals to Rio Tinto

BHP Billiton Limited (ASX:BHP) said Wednesday that it is selling its 37% non-operated interest in South African mineral sands venture Richards Bay Minerals to partner Rio Tinto PLC (LON:RIO). With this move, BHP is officially leaving the titanium minerals industry.

Cecilia Jamasmie | February 1, 2012 | 2:39 pm

London Mining makes first shipment from Sierra Leone

Junior miner London Mining’s stocks (LON:LOND) went up almost five per cent today as the company announced two major milestones: the first shipment of iron ore from its Marampa project in Sierra Leone and the commencement of production of coking coal in Colombia.

Cecilia Jamasmie | February 1, 2012 | 2:10 pm

Teck acquires oil sands partner SilverBirch for C$435M

Teck Resources Ltd. (TSX:TCK.A) announced today that it will acquire its oilsands partner SilverBirch Energy Corp. (TSXV:SBE) for over C$435 million.

Cecilia Jamasmie | January 9, 2012 | 4:09 pm

China’s Minmetals offer to buy Anvil Mining shares extended to mid February

China’s Minmetals Resources Ltd has, once again, extended its $1.3 billion takeover offer for Africa-focused copper miner Anvil Mining Ltd (TSX:AVM) to Feb. 16. This is the third time that Minmetals offer has been extended since the deal got the go ahead by the Australian Foreign Investment Review Board, last October.

Cecilia Jamasmie | January 9, 2012 | 2:29 pm

Philippines shutting down hundreds of mines due to major landslide

The Philippine government on Friday ordered the shutdown of 500 small mines threatened by landslides in a southern town where a chunk of a mountain tumbled down on sleeping residents and killed at least 27 people.

Cecilia Jamasmie | January 6, 2012 | 2:39 pm

Newmont trying hard to divert protestors’ attention in Peru by stressing Conga copper-gold mine community benefits

As protests against the $4.8 billion Conga project in Peru resumed this week, Newmont Mining Corporation (NYSE: NEM) has put together a strategic document outlining its community investment projects related to the gold-copper project.

Cecilia Jamasmie | January 6, 2012 | 1:33 pm

Potash producer Mosaic reports better than expected results

Fertilizer producer Mosaic Co. (NYSE:MOS) stocks were up US$2.50 this morning, after the company reported higher-than-expected quarterly profit as better prices helped offset a plunge in phosphate sales and flat potash volumes.

Cecilia Jamasmie | January 5, 2012 | 3:35 pm

Canada’s asbestos industry on its way out

LAB Chrysotile Inc., one of the two remaining Quebec’s asbestos miners, has filed for bankruptcy because of high fixed costs and sharply declining revenues.

Cecilia Jamasmie | January 5, 2012 | 2:43 pm

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