Cecilia Jamasmie , Editor-in-Chief

Peru no longer the second major silver producer — Minister

Peru's Mines and Energy Ministry (MEM) reported a drop in the 2011 production of the country’s major export metals, including silver, copper, gold, lead, tin and zinc. Silver production fell 6.22% in 2011, compared to 2010; followed by copper (0.96%) and gold (0.04%). In contrast, iron ore and molybdenum production increased

Cecilia Jamasmie | February 8, 2012 | 4:33 pm

Clean carbon technology benefits better grasped in the Prairies than rest of Canada

Public awareness and acceptance of Carbon Capture and Storage (CCS) as a tool to combat climate change is higher in Saskatchewan and Alberta than the rest of Canada, concludes a nation-wide survey released today by IPAC-CO2 Research Inc.

Cecilia Jamasmie | February 8, 2012 | 3:51 pm

One killed and dozens injured during escalating Panama mining protests

An indigenous Ngöbe-Buglé teenager was killed and 40 people were injured in connection with a police crackdown on dissent over mining and hydroelectric developments in Panama, where Canadian mining companies have a large presence.

Cecilia Jamasmie | February 8, 2012 | 3:18 pm

Goldcorp chairman denies implication in insider trading scheme

Ian Telfer, one of Canada’s most well-known mining executives and chairman of Goldcorp Inc. (TSE:G), denied yesterday’s Ontario Securities Commission (OSC) allegations that connect him with an alleged illegal insider-trading scheme that yielded profits of $962,000 for eight people involved in buying shares.

Cecilia Jamasmie | February 8, 2012 | 2:32 pm

Panoramic Resources confirms hostile bid for competitor Magma Metals‎

ASX and TSX-listed Magma Metals (MMW) announced today the appointment of advisers in respect of the unsolicited proposed $40 million takeover offer for Magma by nickel miner Panoramic Resources Limited.

Cecilia Jamasmie | February 7, 2012 | 2:31 pm

Xstrata and Glencore to close $90bn merger

After months of speculations and secret negotiations, Xstrata PLC (LON:XTA) and Glencore International PLC (LON:GLEN) have formally announced an all-share merger that would create a $90bn giant named "Glencore Xstrata International PLC."

Cecilia Jamasmie | February 7, 2012 | 1:44 pm

Rubicon Minerals announces Cdn$200 million bought deal financing

Rubicon Minerals stocks were diving this morning (TSE:RMX) (AMEX:RBY) close to 5 per cent as the Canadian company said Monday that it has agreed to a $200.9 million bought deal financing, with funds to be used for the development of its Phoenix gold project in Red Lake, Ontario.

Cecilia Jamasmie | February 6, 2012 | 4:17 pm

Anglo Pacific taps into Australian iron ore project

Anglo Pacific Group (TSX: APY) (LSE:APF) has agreed today to a proposal with Red Rock Resources Plc to acquire 50% of the Mount Ida 1.5% Gross Revenue Iron Ore Royalty (GRR) currently held by Red Rock Resources.

Cecilia Jamasmie | February 6, 2012 | 3:41 pm

New GE excavator promises moving more earth for less cost

Surface mine operators are finding it harder to deliver the same amount of minerals in the same time with existing technologies. The ore being uncovered has lower concentrations of minerals as existing sites become more mature. As a result, mining companies are increasingly under pressure to find more energy efficient and reliable solutions.

Cecilia Jamasmie | February 6, 2012 | 3:09 pm

Codelco already struggling to match 2011 copper output

Chilean state giant Codelco, the world's biggest copper producer, will have to strive this year to match record 2011 copper production of 1.735 million tonnes, said CEO Diego Hernandez to the El Mercurio newspaper's Sunday edition.

Cecilia Jamasmie | February 6, 2012 | 3:00 pm

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