June 21, 2012 Bolivia won’t pay Glencore for taking its mine Bolivia’s leftist government announced it won’t pay any financial compensation to Swiss miner Glencore after yesterday’s decision to take over its Colquiri tin and zinc mine.
June 21, 2012 Lachlan Star announces outstanding drill results from Its CMD gold mine including 37m grading 1.83% Cu, 19m grading 0.60% Cu, 49m grading 0.92 g/t Au and 2m grading 47.8 g/t Au Highlights of the company's findings include 37m grading 1.83% Cu and 2m grading 47.8 g/t Au.
June 21, 2012 Xstrata to pay $342 million to execs after Glencore merger triggers ‘red-top alert’ The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.
June 20, 2012 Papua New Guinea won’t budge over Nautilus seabed mine. Shareholders abandon ship Canada's embattled Nautilus Minerals dropped 11.5% on Wednesday after Papua New Guinea said it is within its rights to terminate a deal made last year for the development of the…
June 20, 2012 Baja Mining has 45 days to come up with money for Boleo Besieged Baja Mining (TSX:BAJ) added another 14% on Wednesday following good gains the day before to trade at $0.205 after announcing it had negotiated a 45-day standstill agreement with lenders…
June 20, 2012 Barclays remains positive about PGMs, favours palladium Barclays Capital analysts say the pullback in platinum group metals since winter offers “attractive buying opportunities: "We expect palladium prices to average $700/oz in 2012 and platinum to average $1,622/oz."
June 20, 2012 Nautilus Minerals Inc.: Further Update on Dispute Process with State of PNG Papua New Guinea has issued a Notice of Arbitration to the company which asserts that Nautilus has breached the Agreement and that the State is entitled to terminate the Agreement.
June 20, 2012 Anglo and Codelco’s bitter dispute over copper assets in Chile may end this Friday London-based Anglo American (LSE:AAL) and Chile's state-owned Codelco have set this Friday as the deadline to resolve a dispute over billions of dollars in copper assets.
June 20, 2012 Nevada copper-project update/land bill passed by the House In January Nevada Copper filed a feasibility study that contemplates a single 60,000 ton per day open pit mine operation and a 7,500 ton per day underground mine operation. Initial…
June 19, 2012 Panoro Minerals Ltd. announces approval of environmental impact assessment (EIAsd) for expanded exploration program at Cotabambas copper/gold project, Peru Panoro's gold-copper project in Peru has been given final approval to go ahead with a $15 million exploratory drilling program.
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