February 5, 2012

Xanadu acquires South Gobi licences

Xanadu Mines has acquired two licences in the highly prospective South Gobi porphyry belt in southern Mongolia.

February 5, 2012

US job growth ripples to Chinese copper and ore

Nothing is so salutary for the Chinese economy as growth in the United States, and nothing is so good for copper and iron ore prices as a strong Chinese economy.…

February 5, 2012

Peru copper and gold output down slightly in 2011

Reuters reported that production of all main metals fell in Peru in 2011 from the previous year as depleted reserves and lower ore grades hit the major global producer.

February 5, 2012

Mitsubishi to double copper output after Chile mine expansion

Bloomberg reported that Mitsubishi Corporation of Japan plans to almost double its copper output in 2012 after spending USD 5.39 billion to buy a minority stake in Anglo American Plc's…

February 5, 2012

Top shareholders gunning for Xstrata’s Big Mick, could block deal without premium

The Telegraph reports Chairman John Bond and CEO Mick Davis risk being voted off the board of Xstrata after being accused of negotiating "a cosy stitch-up" with Glencore and that…

February 4, 2012

Junior gold stocks to prosper, copper on brink of rebound – Joe Mazumdar

Joe Mazumdar talks about why he sees mergers and acquisitions as key catalysts for a rebound in the junior gold space in 2012. Gold Report interview.

February 3, 2012

“Glenstrata” could flex muscles in iron ore

The $80 billion proposed merger of commodities trader Glencore and Swiss-based miner Xstrata could lead to a fresh round of acquisitions in iron ore, Reuters is reporting today.

February 3, 2012

Boxxer acquires partner interest in Buena Vista copper-gold project

Boxxer Gold Corp. (TSXV: BXX)(OTC: BXX) (Other-BXXRF) ("Boxxer or the Company") is pleased to provide an update on corporate activities on its now 100% owned Buena Vista copper-gold project in…

February 2, 2012

Glenstrata: Not just mining’s biggest ever deal, a new kind of resource giant

Glencore International is in talks with Xstrata to merge in a deal that would create a $80 billion rival to BHP Billiton, Vale, Rio Tinto and China's Shenhua. Here's a…

February 2, 2012

Imperial Metals Corporation: Red Chris Mineral Resource Tonnage Increased by 103%

Imperial Metals Corporation (TSX:III) reports a tonnage increase of 103% in the Measured and Indicated Resource at its Red Chris copper/gold deposit. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 2, 2012) -…