Posts by Reuters:

European giant Glencore eyeing Canada’s Viterra

Glencore (GLEN.L) is one of a handful of parties eyeing a potential bid for Viterra (VT.TO), Canada's largest grain handler, as the diversified trading house looks to boost its agricultural presence, a Swiss-based industry source said on Monday.
Reuters | March 13, 2012 | 11:05 am

Indonesia rule change rattles foreign mine owners

Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal coal and tin.
Reuters | March 7, 2012 | 3:28 pm

Vale to begin building coal terminal in Mozambique

Mozambique's Prime Minister Aires Aly said in Tokyo on Thursday his nation plans to start construction of a coal terminal at the northern port of Nacala in the next few months, aiming for it to be operational in two to three years.
Reuters | February 25, 2012 | 3:21 pm

Fool’s Gold? Pakistan mine rift exposes investor risk

Pakistan's Reko Diq, an untapped copper and gold mine of fabulous potential, was meant to be the biggest foreign investment in the country's mining sector, but it's beginning to look more like fool's gold to the companies involved.
Reuters | February 17, 2012 | 7:09 pm
Aluminum cans mining

Aluminium losing battle against oversupply

Excess capacity in aluminium smelting will drag on for years to come, even while losses weigh on producers, as political pressures in China and Russia to keep jobs and push self-sufficiency prevent or delay plant closures.
Reuters | February 10, 2012 | 10:22 pm

Pershimco Resources Inc Announces CAD20,000,000 Bought Deal Financing

Pershimco Resources Inc. (TSX VENTURE:PRO)(FRANKFURT:BIZ) ("Pershimco" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate co-led by Clarus Securities Inc. and GMP Securities L.P., and including PowerOne Capital Markets Limited and Jennings Capital Inc. (collectively, the "Underwriters"), to purchase, on a bought deal private placement basis, 20,000,000 common shares of the Company at a price of C$1.00 per common share, for aggregate gross proceeds of C$20,000,000.
Reuters | February 8, 2012 | 4:51 pm

China secures Kalahari, paves way for Extract bid

China Guangdong Nuclear Power Corp (CGNPC) declared its offer for Kalahari Minerals unconditional on Friday, paving the way for it to launch a takeover bid for Extract Resources, owner of one of the world's largest uranium mines.
Reuters | February 4, 2012 | 12:55 am

Santander, BBVA close commodities trading desks

Spain's two largest banks, and Santander and BBVA are closing their commodities trading units to focus on core business, a spokesman and a source said, which will lead to about 15 job losses in all.
Reuters | January 31, 2012 | 1:23 pm

BHP sees record iron ore output

BHP Billiton (BHP.AX) (BLT.L), the world's biggest mining company, forecast record iron ore production this year after quarterly output jumped by a fifth, shrugging off predictions that growth in top buyer China will slow this year.
Reuters | January 18, 2012 | 7:14 am