June 12, 2012 Dr Kloppers took home $15 million last year. How is the sypercycle turning out for you? The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.
June 12, 2012 Spanic and Grexit put copper back on defensive The Spanish bailout is now being called 'voodoo economics' while EU finance officials are at the point of discussing limiting ATM withdrawals and doing border checks if and when Athens…
June 11, 2012 Mandalay Resources secures US$20 million revolving credit facility and repays in full existing loan facility Having recently paid the Sprott loan of $10 million in full, Mandalay resources is now essentially debt free thanks to great second quarter results.
June 11, 2012 Aquarius halts mining after platinum falls Aquarius Platinum, the world’s fourth-largest platinum producer by volume, has responded to a fall in prices for the precious metal by mothballing a mine jointly owned with Anglo Platinum, arguing…
June 11, 2012 Singapore state fund builds up stake in Ivanhoe, does nothing for share price Singapore's sovereign wealth fund Temasek Holdings has taken up a 5.5% stake in Canada's Ivanhoe Mines valued at roughly $420 million ahead of a $1.8 billion rights offer at the…
June 11, 2012 Millrock and Vale enter option agreement concerning the AUDN copper-gold Porphyry project, Alaska Vale is providing funding to Millrock for research and exploration along the Alaska Peninsula porphyry belts. Vale may earn 65% interest by expending US$3.5 million for exploration on the project…
June 10, 2012 Tsilhqot’in vow to ‘stand ground’ against New Prosperity Mine at Taseko AGM Behind doors closed even to media, Taseko Mines Ltd. boasted 2011 profits of $86.3 million Canadian [$83.1 million USD] at its annual general meeting in Vancouver, British Columbia, on June…
June 10, 2012 Byron King: companies must pay dividends to make top-10 gold list The world still needs gold and other natural resources, but we may need a new investment model to sustain them, says Byron King, writer and editor for Agora Financial's Outstanding…
June 9, 2012 Chop-fest What a whippy week it was. Volatility spiked and then subsided into the end of the week which meant it was a great day-trading environment but then that petered off…
June 9, 2012 Teck announces five-year labour deal with Trail employees Teck Resources, Canada's largest diversified miner, reached a five-year agreement with unionized employees at its Trail Operations.
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