June 18, 2012

Nautilus dispute with Papua New Guinea authorities threatening underwater mining future

Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards…

June 18, 2012

No one buys Congo’s mining assets on the cheap: Government

The Democratic Republic of Congo’s Ministry of Mines went on the defensive on Monday about allegedly granting mining licenses to companies with close connections to the government. It qualified those…

June 18, 2012

First Nickel optimizes Lockerby Mine plan, resulting in an $87 million NPV

First Nickel has updated and optimized its mine plan, result in a new $86.9 million net present value.

June 17, 2012

End of the supercycle is also spelling the end of radical resource nationalism

"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power…

June 15, 2012

DeepGreen’s Clipperton project would make Nautilus’ Solwara 1 project look like ‘child’s play’

Peter Koven at the National Post looks at the Vancouver-based DeepGreen Resources, a private company that just signed 50% off-take agreement with mining giant Glencore International.

June 15, 2012

Dia Bras announces termination of letter of intent to acquire Plexmar

Plexmar announced that the letter of intent dated April 17th, 2012 between Dia Bras and Plexmar has been terminated.

June 15, 2012

End of an epoch as Hong Kong exchange takes over 135-year old LME

The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.

June 15, 2012

The three highest paid executives in BC all worked at Ivanhoe Mines

John Macken, who recently gave up being president of Ivanhoe Mines, was BC’s top paid executive and brought home a total $23.358 million […]

June 14, 2012

Xstrata: Copper fundamentals are strong and ‘should stay that way’

"It's very difficult to foresee what's going to happen to copper prices, but the market remains strong and should stay that way," Sartain said at a press conference in Chile.

June 14, 2012

Myanmar: what investors need to know

American based sanctions removed, over $2 billion invested and host to the South Asian Games.