MINING.COM

Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.

Frik Els | September 8, 2012 | 8:19 pm

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.

Cecilia Jamasmie | August 30, 2012 | 1:01 pm

Saskatchewan premier comes around to rejigging potash royalties

Potash royalties in Saskatchewan may be changing after all now that Premier Brad Wall has had a change of heart, according to an editorial by The StarPhoenix.

Michael Allan McCrae | August 25, 2012 | 8:17 pm

BHP boss bucks bonus

Marius Kloppers, CEO of mining giant BHP Billiton, has decided to waive his annual bonus in light of a recent forecast in which BHP's revenues are projected to drop 38%

Joshua Zapf | August 21, 2012 | 10:46 pm

PotashCorp shuts mine and Vale delays major project as potash prices decline

The downturn in potash prices claimed more victims this week.

Frik Els | August 17, 2012 | 2:50 pm

Potash ending inventory drops sharply

Inventory levels of potash in North America fell 15% last month, according to Potash Corporation of Saskatchewan Inc. (NYSE:POT).

Michael Allan McCrae | August 15, 2012 | 4:48 am

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

Cecilia Jamasmie | August 7, 2012 | 12:52 pm

Climate change affects food production

The Earth's climate has been continuously changing throughout its history. From ice covering large amounts of the globe to interglacial periods where there was ice only at the poles - our climate and biosphere has been in flux for millennia.

Richard Mills - Ahead of the Herd | August 3, 2012 | 5:57 am

BHP’s performance on the ground fails to lift shares off 3-year lows

The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80 billion less that at its peak.

Frik Els | August 1, 2012 | 6:22 pm

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