MINING.COM

Teck receives regulatory approval for renewal of share buy-back program

Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares.

Marketwire - Mining and Metals | June 25, 2012 | 11:54 pm

Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon

But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.

Frik Els | June 25, 2012 | 11:22 pm

North American Tungsten Corporation Ltd.: Cantung mine back in production

Stephen Leahy, Chairman & CEO, stated: "Having three bridges installed and functioning in just over a week's time is an exceptional accomplishment.

Marketwire - Mining and Metals | June 25, 2012 | 10:35 pm

Barclays: Commodity investors’ retreat is turning into a stampede

The speed and extent of recent commodity price falls suggest market participants are anticipating a severe deterioration in the macroeconomic outlook.

MINING.com Editor | June 25, 2012 | 10:33 pm

Chinese burn fingers in the Pilbara

“This is no longer about commercial goals. It is about Chinese machismo. They have plonked down too much money to pull out now.”

Frik Els | June 25, 2012 | 10:03 pm

Power to China in the IMF – does this mean gold to be mobilized?

While the B.R.I.C.S nations are contributing to the I.M.F.’s funding with the purpose of shoring up the global financial system, they’ve stipulated that they want more power in the I.M.F.

Julian D.W. Phillips - Gold Forecaster | June 25, 2012 | 7:58 pm

South Africa to up the rent because nationalisation would break the bank

The African National Congress has proposed a tax to raise R40 billion: the Resource Rent Tax would take 50% of a mining company's profits that exceed 15% return on their investment.

Joshua Zapf | June 25, 2012 | 6:50 pm

FLSmidth opens all-in-one service centre in Chile

FLSmidth has opened an all-in-one service centre, called a Supercenter, in Renca, Santiago, Chile. The centre is one of eight planned to be built in countries where FLSmidth has signifi- cant mining and cement operations.

FLSmidth | June 25, 2012 | 3:58 pm

Coal prices sink again as Chinese storage yards near capacity

Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.

Cecilia Jamasmie | June 25, 2012 | 3:18 pm

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