BHP rejects $50 million offer for Port Hedland resort

BHP Billiton has turned down a AUD 50 million offer from a consortium of investors for a collapsed resort project at Port Hedland. BHP's move is expected to lead to the liquidation of the development.

BrightWire News | December 22, 2012 | 8:00 pm

Iluka appoints 2 new non-executive directors to board

Iluka Resources has appointed James Hutchison Ranck and Greg Martin as non-executive directors to its board.

BrightWire News | December 22, 2012 | 10:00 am

Russia boosted titanium, magnesium output on 11M 2012

Crude titanium output in Russia in January-November 2012 increased by 23.7% YoY, the federal statistics agency has reported.

BrightWire News | December 22, 2012 | 10:00 am

American International Ventures to initiate construction of gold plant in Mexico

American International Ventures has established a subsidiary in Mexico, Oro De AIVN, to be responsible for its La Veta gold project, located in El Alamo, Baja California.

BrightWire News | December 22, 2012 | 10:00 am

Escondida mine to produce 1.3 million tons of copper in 2015

BHP Billiton is currently working on the expansion of the Escondida mine, located in Chile.

BrightWire News | December 22, 2012 | 10:00 am

Lithium Americas to invest ARS 3 billion in lithium, potasium project in Argentina

Lithium Americas has announced it will invest ARS 3 billion (USD 816.75 million) in its Caucharí-Olaroz mining project in Argentina.

BrightWire News | December 22, 2012 | 10:00 am

Australia’s Northern Minerals Ltd. secures offtake agreement for Browns Range rare earths project

Australia's Northern Minerals Ltd., formerly Northern Uranium Ltd., has signed a Memorandum of Understanding (MoU) with a major global mining and chemicals player for future offtake of product from its Browns Range heavy rare earths project.

BrightWire News | December 22, 2012 | 10:00 am

Local government of Chubut refuses to approve legal framework for large mining projects

Minera Argenta, a subsidiary of Pan American Silver, has announced it will not carry out the silver and lead project "Navidad", located between the communities of Gan Gan and Gastre in Chubut, Argentina.

BrightWire News | December 22, 2012 | 10:00 am

Jiangxi Copper required by CSRC to rectify violations

Jiangxi Copper announced that it has received a letter from the China Securities Regulatory Commission (CSRC), which required the company to rectify violations in financial accounting, use of raised funds, corporate governance and internal control.

BrightWire News | December 10, 2012 | 11:08 pm

Zamin Ferrous to start exporting 18 million tons of iron in 2016

Mining company Zamin Ferrous is waiting on authorizations to initiate the extraction of iron in Valentines, Uruguay.

BrightWire News | December 10, 2012 | 11:03 pm

NALCO could call off Indonesia project over approval delays

National Aluminium Company could put a halt to its planned aluminium smelter and captive power plant project in Indonesia should it manage to get clearances and coal linkages for a similar project in Odisha.

BrightWire News | December 10, 2012 | 10:29 pm

Gold production reaches record high in Irkutsk province

Gold production in the province of Irkutsk Russia, in January-November 2011 increased by 11.9% YoY to 18.506 metric tons, the local government said.

BrightWire News | December 10, 2012 | 10:20 pm

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