MINING.COM

Glencore ‘ready to pull’ Xstrata merger

While both Davis and Glencore CEO Ivan Glasenberg would suffer blows to their reputations as dealmakers if the merger should collapse other parties stand to lose more.

Frik Els | June 27, 2012 | 7:41 pm

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.

Jack Caldwell | June 27, 2012 | 6:05 pm

Infographic: the mining and supply of gold

Visualcapitalist has put together an infographic on the the mining and milling of gold.

Joshua Zapf | June 27, 2012 | 5:29 pm

Kyrgyzstan to reassess deal with Centerra Gold

Kyrgyzstan's parliament has approved a review to the operating license for Centerra Gold, which is developing a major gold mine that accounts for 12% of the Central Asian nation's economy, announced the company Wednesday.

Cecilia Jamasmie | June 27, 2012 | 2:37 pm

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.

Cecilia Jamasmie | June 27, 2012 | 1:57 pm

Goldcorp announces dismissal of Barrick’s claims against El Morro acquisition

Ontario Court Justice Herman Wilton-Siegel dismissed Barrick Gold's claims of unlawful and ineffective transactions by Goldcorp in the acquisition of the El Morro project in Chile.

CNW Telbec | Mining/Metals | June 26, 2012 | 8:37 pm

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.

Frik Els | June 26, 2012 | 8:22 pm

Diamonds looking good long because of Western style weddings in China and India

The rapid industrialization of China and India will be good for the diamond business, and in the next decade demand will break through the peak reached in 2006, according to an analyst at Bain & Co.

Michael Allan McCrae | June 26, 2012 | 8:08 pm

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.

Joshua Zapf | June 26, 2012 | 6:31 pm

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