MINING.COM

South Korea’s POSCO reluctant to pass rising steel costs to buyers

The chief executive of POSCO, the world's No.3 steelmaker, said it would be difficult to raise steel prices enough to cover rising raw materials costs stemming from flooding in Australia, which has affected coal mines, rail links and ports.

Mineweb | January 13, 2011 | 9:02 am

Cliffs to Buy Consolidated Thompson for $5 Billion

Cliffs Natural Resources said on Jan. 11 that it had agreed to buy Consolidated Thompson Iron Mines for nearly $5 billion in […]

MINING.com Editor | January 11, 2011 | 4:54 pm

Copper drops as mystery buyer keeps cover

The Sydney Morning Herald is reporting a drop in copper on the LME for the fifth straight session, after reaching a record […]

MINING.com Editor | January 11, 2011 | 4:32 pm

Chinese Experts to Study High-Tech Solutions for Coal Mine Safety in 12-Month Pilot at NYU-Poly

Kansas City Business Journal reports: With China’s accelerating economy heavily dependent on coal, mine safety has emerged as a national priority. Moving to […]

MINING.com Editor | January 11, 2011 | 3:21 pm

Merged Duke-Progress seeks strategy beyond coal

Reuters India reports: Duke Energy’s $13.7 billion deal to buy Progress Energy may allow the combined company to make better use of its […]

MINING.com Editor | January 11, 2011 | 3:13 pm

Grande Cache Coal lowers production guidance for current financial year

Grande Cache Coal Corp. (TSX:GCE) lowered production guidance for its current financial year and raised its expected cost per tonne, the Estevan […]

MINING.com Editor | January 11, 2011 | 3:10 pm

Aluminum to bloom after Q4 profit for Alcoa

Alcoa’s operating earning beats Wall Street estimates as revenue rises 4% to $5.7bln. CEO predicts more aluminum growth this year.

Mineweb | January 11, 2011 | 2:32 pm

HudBay to pay C$397.5M for Norsemont

The cash and stock deal will provide the Canadian miner with access to a major copper deposit in Peru BANGALORE (Reuters) - Canada's HudBay Minerals Inc (HBM.TO: Quote) agreed to buy Norsemont Mining Inc (NOM.TO: Quote) to gain access to a major copper

Mineweb | January 11, 2011 | 12:16 am

Gold traders in India stock up after drop in prices

Gold buying continues in India. Harvest festival and wedding season sees traders equip themselves for demand. Indian rupee remains steady. MUMBAI (Reuters) - India's gold buying continued on Monday afternoon after prices fell 1.8 percent in the previous

Mineweb | January 10, 2011 | 1:53 am

First

Last

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Create FREE account or log in

to receive MINING.COM digests