MINING.COM

Xstrata-Glencore merger vote postponed: unions raise concerns

Xstrata has delayed voting on a merger with Glencore as investors continue to dictate the offer and unions become more vocal about their concerns over the deal.

Cecilia Jamasmie | July 6, 2012 | 12:58 am

Dispute over Argentina’s Los Azules copper project just got uglier

With the recent announcement that there’s much more copper in the Los Azules copper project in Argentina than initially thought, the stakes in a lawsuit contesting its ownership have become much higher.

MINING.COM Staff Writer | July 5, 2012 | 6:28 pm

Peru detains leader of anti-mining protests then frees him after increased hostility

Peruvian police detained former Roman Catholic priest Marco Arana, the leader of the protests against Newmont Mining, yesterday evening. The situation has only worsened since the government declared a state of emergency.

Cecilia Jamasmie | July 5, 2012 | 2:00 pm

Australia won’t get in the way of Glencore-Xstrata

Australia's antitrust regulator has decided it would not oppose commodities trader Glencore's $26 billion takeover of miner Xstrata.

Cecilia Jamasmie | July 5, 2012 | 12:48 pm

Baja’s top shareholder won’t give more for Boleo

Besieged Baja Mining suffered another setback on Thursday after Mount Kellett Capital Management, the company’s largest shareholder, announced it wouldn’t provide debt or equity financing for the Boleo project in Mexico.

Cecilia Jamasmie | July 5, 2012 | 11:46 am

Anti-Newmont protests in Peru force government to declare a state of emergency

At least three people were killed and 20 injured in northern Peru yesterday after a clash between police and protesters opposed to the $5 billion Conga gold mine planned by Newmont Mining in the northern region of Cajamarca.

Cecilia Jamasmie | July 4, 2012 | 2:03 pm

Glaciers stop progress of Barrick Gold’s mining plans in Argentina

The world's largest gold company, Barrick Gold, suffered a major setback Tuesday as the Argentine National Supreme Court reversed preliminary injunctions on glacier protection law, now back in full force for all mining companies.

Cecilia Jamasmie | July 4, 2012 | 12:35 pm

Barrick Gold suffers legal reversal in Argentina

The Canadian Press is reporting that Barrick Gold (NYSE:ABX) was handed a setback by Argentina's supreme court, which brought back some glacier protection laws that the mining giant had until now sidestepped.

Michael Allan McCrae | July 4, 2012 | 6:02 am

Copper market squeeze: It’s back!

On top of increased demand from China, the re-emergence of a trader controlling more than half of London Metal Exchange copper stocks and cash contracts could squeeze the market just as it did in April.

Frik Els | July 3, 2012 | 10:46 pm

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Go Metals finds multiple untested zones at Monster

Policy uncertainty, resource nationalism and environmental protection key themes for Asia mining

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Zambia’s KCM smelter shut down earlier than planned after leak

Satellites to monitor copper supply from space

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