Zambia mining firms say mineral royalties should be capped at 7.5%

Vancouver-based Baja Mining Corp. (TSX: BAJ) announced this morning that it has landed two extensions of a standstill agreement with lenders to its Minera y Metalúrgica del Boleo S.A. de C.V. subsidiary.

Production at Chile's Escondida, the world's largest copper mine, was up 72.4% in the third quarter compared with the same period of 2011, said Wednesday the country’s copper commission, Cochilco.

The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.

The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.

The world's biggest mining company has announced that it has embarked upon the search for a successor to Marius Kloppers as the South African approaches his sixth year as BHP's CEO.

Nautlius Minerals (TSX:AIM) says it has found two rich deposits of gold and silver within the waters of Tonga's exclusive economic zone.

Institutional advisor ISS now says tie-up is a good thing for Xstrata, but they still don't like the $200 million retention package.

Shareholders will celebrate as lower supply boosts prices and profits, but consumers of metal and minerals will be hard hit.

After months of difficulties, Rio Tinto’s (LON:RIO) flagship Mongolian copper-gold mine, Oyu Tolgoi, will start producing early next year as the giant miner has finally solved the issue of power supply from next-door China.