Equinox Minerals Limited (TSX and ASX: EQN) ("Equinox" or the "Company") advises that it has commenced its previously announced offer (the “Offer”) to acquire Lundin Mining Corporation ("Lundin"). The Offer will remain open until 6:00pm on April 14, 2011 unless withdrawn or extended.

New York Times says that Malaysia is placing a big bet on rare earth metals: As many as 2,500 construction workers will […]

Uranium One, the world’s largest publicly-traded uranium producer, reported on Tuesday a net loss of $142.8 million in the fourth quarter. In 2009 the company reported positive earnings of $179.8 million for the same period. The loss was attributable to a one-time charges. The company said that the carrying value of the Honeymoon Uranium Project was written down by $113.5  million due to the strengthening of the Australian dollar and increased capital expenditures.

Gabriel Resources announced that it will release its fourth quarter and year-end results for the period ending December 31, 2010 before market […]

Barron's says Toronto-based Harry Winston has been working hard at getting its diamonds into the hands of celebrities who have been showing them off at the Super Bowl and Academy Awards; however, the real growth is overseas.

Inmet Mining (TSE:IMN) was down 7.41% to Can$64 on Friday after the Government of Panama announced that it will repeal recently enacted legislation, known as Law 8, that modifies the Panamanian mineral resources code. The price drop complicates the company's proposed merger with Lundin Mining. In Jan. 2011, Inmet and Lundin Mining announced a merger that would create Canada's largest base metal producer. However, Equinox Minerals launched a hostile bid for Lundin in late February.

The head of China's largest metals trader has called for government efforts to consolidate the rare earth industry and nurture competitive domestic firms in the sector. Zhou Zhongshu, president of China Minmetals, said that the difficulties facing China's rare earth industry mainly come from the fact that local authorities, owners of rare earth mines, tend to issue mining licenses to local firms.

Business Line believes the band of resistance for aluminum, which closed at US$2,567.5 per tonne on the LME spot on Friday, is […]

Cardero Resource Corp. announced on Friday that it will acquire all of Coalhunter Mining Corporation's outstanding securities. Cardero will pay about Can$2.1 million in the transaction. Cardero Resources was up over 5% on the TSX to Can$2 a share.

New York Times reports that high commodity prices are escalating decades-old conflict in Colombia. Vestiges of former insurgency groups, like the Revolutionary […]

MetalBulletin is tagging stories related to unrest in the Middle East and North Africa so readers can assess possible impacts on the mining sector.

The Associated Press reports that Kate Middleton’s ancestors worked in England’s coal pits: Her great-grandfather left coal country nearly a century ago […]