MINING.COM

Xstrata gets an extra week to decide on Glencore merger

Diversified miner Xstrata (LON:XTA) and commodities trader Glencore International (LON:GLEN) have now until October 1 to decided on the $36 billion lauded merger.

Cecilia Jamasmie | September 21, 2012 | 3:42 pm

Oyu Tolgoi ready to lift the curtain, but someone has to turn on the lights

Rio Tinto’s flagship $5.2 billion copper-gold Oyu Tolgoi mine in Mongolia near the Chinese border – one of the biggest mining projects in the world – is practically ready to go, except for one “detail”: it needs power supply to kick-start operations.

Cecilia Jamasmie | September 21, 2012 | 1:57 pm

Taseko up 5% as investors bet Prosperity will be OK’d this time

Initial exploration activity in the vicinity of the Prosperity deposit date back to the early 1930s.

Frik Els | September 20, 2012 | 11:20 pm

Freeport asked to up Indonesian royalties to 10%

Freeport currently pays 3.5% for mining copper in Indonesia, Southeast Asia’s largest economy, and 1% for gold.

Cecilia Jamasmie | September 20, 2012 | 3:54 pm

Once again Canada leads worldwide mining M&A

Takeovers and mergers in the global mining sector has slowed radically this year as a result of lower commodity prices, but Canadian companies continue leading worldwide mergers and acquisitions.

Cecilia Jamasmie | September 20, 2012 | 3:16 pm

Nautilus Minerals plumbs new depths, comes up smelling of roses

Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.

Frik Els | September 19, 2012 | 10:49 pm

Chile and Peru join forces to bring back foreign mining investment

They don’t often see eye-to-eye, but representatives of the Chilean and Peruvian governments have agreed to work together to attract declining investment to their copper mining sectors, and also increase their respective production.

MINING.COM Staff Writer | September 19, 2012 | 1:33 pm

South Sudan chooses mining over oil

South Sudan, the world's newest nation, has announced plans to enact a mining law by the end of October, pushing ahead exploration and expansion in the likely mineral rich, but unexplored country, helping it to diversify its economy away from oil.

Cecilia Jamasmie | September 18, 2012 | 4:28 pm

Afghanistan to reveal final bidders for giant gold deposit

The Afghanistan Ministry of Mines said Tuesday it opened its final bid for the Badakhshan gold deposit, located in the northeastern province of Badakhshan.

Cecilia Jamasmie | September 18, 2012 | 1:47 pm

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