June 27, 2012 2012 survey of Canadian mine wages Fifty-six mines across Canada provided data on wages paid in 2011. Thirty-four are union mines; and twenty-two non-union. Forty-five reported increased wages while eleven made no changes. None decreased wages.
June 27, 2012 Cascadero signs option agreement with OZ Minerals Ltd. Cascadero has entered into an option agreement with OZ Minerals, the agreement enables OZ to earn up to a 75% interest in Cascadero's Centenarito claims
June 27, 2012 Glencore ponders changes to Xstrata deal as major shareholder demands better terms Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.
June 27, 2012 San Gold signs financing and option agreement with Canadian Arrow Mines The agreement gives Sand Gold an 80% undivided interest in all precious metals produced by Canadian Arrow's properties which includes silver and gold, but excludes platinum and palladium.
June 27, 2012 $8 billion resource reserve likely to lift Bolivia’s depressed economy The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.
June 26, 2012 Glencore-Xstrata deal ‘on the verge of collapse’ after Qatar withdraws support Qatar's about-turn means that more than 25% of shareholders eligible to vote at the 12 July meeting are now against the deal’s current terms.
June 26, 2012 Mongolian coal mining stops, drops and … Mongolian Mining Corp hit a record low today as investors looked at the likelihood of more restrictive investment policies to be implemented after Mongolia's parliamentary elections this week.
June 26, 2012 Ivanhoe Australia cuts 50 jobs to $10 million Copper and gold focused Ivanhoe Australia announced Tuesday that it will cut 50 jobs from its Queensland operations to save around $10 million.
June 26, 2012 Chile on Chinese copper demand: Slowdown? What slowdown? “Signs of demand, shipments and inventories, continue to be solid.”
June 25, 2012 Teck receives regulatory approval for renewal of share buy-back program Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer…
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