Pangaea ups stake in First Quantum Minerals, shares jump

Zijn's main interest in Ivanhoe seems to be the Kamoa copper project.

There are a number of challenges South32 is likely to face, including potential Black Economic Empowerment ownership concessions and power price hikes.

Media reports from East Africa on Saturday claimed that a gold mine partly owned by Canadian company Nevsun Resources (NYSE:NSU, TSX:NSU) was hit by Ethiopian fighter jets.

Gold has not surprisingly found a back door into India, despite import restrictions on the yellow metal that were only recently lifted.

Dotted with lucrative gold mines like Red Lake, Hemlo, Musselwhite and Timmins, along with the nickel belt of Sudbury, Ontario with its storied mining history should be a prospector's dream.

The regulation forces mining companies to consider the possibility of a tailings disaster and evaluate the environmental, health, social and economic impacts of an accident.

The copper price recovered from a one-month low on Wednesday to gain 3% on Thursday, as the metal markets reacted to a dovish Fed statement and news out of Indonesia that production has stopped at the Grasberg mine.

Up until recent years, the momentum associated with space exploration had more or less fizzled. While it would seem that rapid innovation is occurring in every other technology field worldwide, the hardware and business models used in space exploration have remained static aside from small, incremental improvements.

The company experienced a annual drop in the resource industries segment sales in every geographic region except Asia/Pacific.