July 3, 2012 The incredible shrinking merger: Glenstrata already worth $35 billion less Knight Vinke is looking for a ratio of 3.25:1 similar to the demands of Qatar which last week pushed the $60 billion deal to the verge of collapse.
July 3, 2012 Copper projections showing strengthening demand Now that China’s leaders have tamed inflation fears, they can focus once again on the country’s still immense needs for infrastructure, including ports and shipping facilities.
July 3, 2012 Chile’s Codelco to invest $400 million in molybdenum plant Chile-owned copper giant Codelco plans to invest $400 million in a molybdenum processing plant and to maximize its market value amid a legal dispute with global miner Anglo American.
July 3, 2012 World’s No. 3 copper mine Collahuasi to reduce costs with solar power Chile’s Doña Inés de Collahuasi mining company announced Solarpack has won the contract to build a 25 MW solar energy park, which will supply nearly 13% of the mine's power…
July 3, 2012 Beijing Donia Resources Co., Ltd. announces the acquisition of units of Silvore Fox Minerals Corp. Beijing Donia has acquired 16,111,111 units of Silvore Fox Minerals at a price of $0.09 per unit. Donia now holds a total of 65,178,772 shares, roughly 40% of Silvore Fox.
July 2, 2012 Unmasking the Asian giant Chinese operas have been keeping audiences enthralled for hundreds of years with mythical characters, enchanting stories and elaborate masks that add drama and mystery. While this fantastical treatment is appreciated…
July 2, 2012 Copper market expects squeeze, big holding appears Traders are bracing for a replay of the April squeeze that made copper expensive to obtain quickly, saying major trader Glencore controls almost half the inventories of the commodity held…
July 2, 2012 Barrick Gold headed to $53 despite losing Chilean ownership row Gold giant Barrick Gold (NYSE:ABX) has faced a setback in its ownership row with Goldcorp (NYSE:GG) over a copper and gold mine in Chile as Ontario Superior court dismissed Barrick's claim…
July 2, 2012 Xstrata to acquire majority interest in Roseby Project Altona Mining has received a notice from Xstrata Mount Isa Mines that it intends to exercise its option to acquire a 51% interest in a portion of the Roseby Project…
July 2, 2012 Stillwater Mining Company announces submission of environmental impact statement for Marathon Platinum Group Metals-copper project The Marathon Project, located near Lake Superior in Ontario, has anticipated annual production of about 200,000 ounces of palladium and platinum and 37 million pounds of copper.
