Markets single - MINING.COM
52 weeks
Low | High
Last Close:

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Related Commodities

Create FREE account or log in

to receive MINING.COM digests


Latest Stories

Mining licence granted for Namibian uranium project

Kalahari Minerals (LON:KAH) and Extract Resources (ASX:EXT) were both up slightly today after the companies announced they have received a mining licence for their Husab uranium project in Namibia. London-listed Kalahari has a 42.7% stake in Extract. Kalahari said in a press release that the mine lease, valid for 25 years, will allow the project to move into production and establish Husab as one of the three largest uranium mines in the world. The company states the mine would produce 15 million pounds of U3O8 per year through open-pit mining. The deposit has a resource estimate of 500 million pounds U3O8.

EPA battles spill near Suncor Energy’s Colorado refineries

The Denver Post reports that Federal officials in Commerce City, Colorado are trying to contain contamination in the South Platte River near one of Suncor Energy's refineries. What material is leaking and where it is actually coming from is still to be determined. The EPA has emergency response crew working on the scene. Booms and barriers have been set up to contain the spill, which was first reported on Sunday.

Codelco starts new legal actions against Anglo amid accusations of generating an “artificial dispute”

The legal battle between Codelco and Anglo American is escalating. Yesterday, Chile’s state-owned copper company lodged a so-called pre-judicial preparatory measure in the 17th Civil Court of Santiago, seeking details of Mitsubishi’s purchase of a 24.5 percent stake announced on Nov. 9. The measure aims to ultimately annul the $5.39 billion deal between Anglo and Mitsubishi. While this was happening, London-based miner filed a legal action to annul Codelco’s “protection petition” presented Nov.14, which prevents Anglo from keep selling part of its assets.

Goldman Sach’s commodities forecast at odds with JPMorgan Chase

Bloomberg reports that Goldman Sachs Group Inc. (GS) has released its 2012 forecast on commodities. The document predicts commodities may rally 15 percent in the next 12 months, foresees an “overweight” recommendation on raw materials and expects Brent crude to surge to highest level since 2008. In contrast, JPMorgan Chase & Co cut commodities to “underweight” last week, quoting policy failures in the U.S. and crisis-hit Europe.