MINING.COM

Why isn’t this copper miner smiling? He’s getting a $45 million bonus just for staying on

In all $265 million will be doled out to senior management at Xstrata to stop them from jumping ship after a merger with Glencore. The two companies are also paying $200 million to their advisers to push the deal through.

Frik Els | May 31, 2012 | 5:36 pm

Glenstrata ready to become the largest mining industry merger in recent history

The prospectus giving details of the creation of a $90 billion mining and commodities trading behemoth will finally find its way to the inboxes of shareholders today.

MINING.COM Staff Writer | May 31, 2012 | 2:49 pm

Baja Mining lays off 40% of staff and seeks funding for Boleo

Troubled Vancouver miner, Baja Mining (TSE:BAJ), said that it laid off 40% of its staff to conserve cash and admitted that there is "no assurance" that it will find funding to complete its Boleo project, a $1.143 billion copper-cobalt-zinc project in Mexico.

Michael Allan McCrae | May 30, 2012 | 10:07 pm

Brazil prosecutor requests suspension of Vale’s Onça Puma nickel operations

Brazil's federal public ministry in Para state has filed legal action demanding that operations be halted at Onça Puma, a nickel mine in the northern Brazilian state owned and operated by Vale SA (NYSE:VALE).

Cecilia Jamasmie | May 30, 2012 | 2:11 pm

China mulling undersea mineral exploration

China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.

MINING.com Editor | May 30, 2012 | 6:01 am

An ‘abundance’ of targets for asteroid miners

"Space is big. Really Big. You just won't believe how vastly hugely, mind-bogglingly big," as the Hitchiker's Guide to the Galaxy once noted. About the only thing nearly as big, it seems safe to say, are today's hopes of making money exploring space.

USA Today | May 28, 2012 | 5:34 pm

Big miners playing game of chicken as marginal producers sink below break-even

Smaller miners are waiting for production cutbacks by the market leaders to prop up prices the way Saudi-Arabia comes to the rescue of oil producing nations whenever the crude price begins to flag.

Frik Els | May 27, 2012 | 10:53 pm

Glenstrata takes shape this week

The prospectus giving details of the creation of a $90 billion mining and commodities trading behemoth will find its way to the inboxes of shareholders this week.

Frik Els | May 27, 2012 | 10:04 pm

Ashram rare earth deposit shows ‘robust economics’

The prelimary economic assessment for the Ashram rare earth deposit in Quebec shows "robust economics," says Canadian explorer Commerce Resources (TSX-V:CCE).

Andrew Topf | May 25, 2012 | 7:24 pm

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Why isn’t this copper miner smiling? He’s getting a $45 million bonus just for staying on

Glenstrata ready to become the largest mining industry merger in recent history

Baja Mining lays off 40% of staff and seeks funding for Boleo

Brazil prosecutor requests suspension of Vale’s Onça Puma nickel operations

China mulling undersea mineral exploration

An ‘abundance’ of targets for asteroid miners

Big miners playing game of chicken as marginal producers sink below break-even

Glenstrata takes shape this week

Ashram rare earth deposit shows ‘robust economics’

Nickel

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Copper

USD/lb

Aluminum

USD/lb

Zinc

USD/lb

Lead

USD/lb

Aluminum Alloy

USD/lb

Tin

USD/lb

Aluminum 3M Futures

USD/t

Copper 3M Futures

USD/t

Lead 3M Futures

USD/t

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