MINING.COM Staff Writer

Posts by MINING.COM Staff Writer:

Budget can help Australian minerals industry to expand

The Minerals Council of Australia says the 2008-09 Budget “takes important steps in the right direction. The MCA commends the overall Budget strategy which introduces a longer term planning framework, focuses on the need to fight inflation by reining in government spending, delivers a strong surplus and tackles capacity constraints,” the Acting Chief Executive Mr [...]

RBC Capital Markets forecasts positive diamond fundamentals despite credit crunch

RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has published a research report that concludes that despite the worsening global economic climate, the fundamentals for diamonds remain positive. Des Kilalea, Analyst, Global Mining Research at RBC Capital Markets commented: “While the world economy lumbers through one of its worst [...]

BHP Billiton announces plan of arrangement to acquire Anglo Potash

Further underlining the current interest in potash, BHP Billiton has entered into a definitive agreement with Anglo Potash to acquire all of the issued and outstanding common shares of Anglo Potash at a price of C$8.15 cash per common share. Anglo Potash’s only asset is its 25% interest in the Canadian potash joint venture development project [...]
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Talon Metals makes new copper-nickel discovery in Michigan

The company reported nearly 100 metres of copper and nickel mineralization from its first drill hole at the Boulderdash target.