South32 mulls writing down stake in South African manganese venture

Areva's Kiggavik mine in Nunavut, northern Canada, could be open as early as 2017, CBC News is reporting.

After steady gains throughout the morning Cameco Corp. was trading up 6% by lunchtime on Friday, after reports yesterday that its Kazakh join venture is planning to up output by a third. Gains for the year now top 20%.

More than 2,000 international experts will meet in Montreal, Canada, next week to discuss the latest research about how climate change is altering the Arctic faster than the inhabitants, and the governments that regulate the phenomenon, can keep up with.

Anglo American’s CEO, Cynthia Carroll, said yesterday the company faces further disruption to its US$6 billion Minas-Rio iron ore operation in Brazil, although it hopes to resume construction at the site.

While Alacer reports lacklustre production in the fourth quarter due to poor weather conditions in Turkey, it increases overall guidance for the year.

The South African mining industry, the backbone of the country’s US$357 billion economy, is at a crossroads, says Johannesburg-based international legal powerhouse Webber Wentzel in the article “Whither the South African mining industry?” published late March.

Gold prices traded less than 1% off yesterday's high on Friday morning as European markets remained broadly flat.

Mumbrella may face defamation charges from Xstrata Coal after it published a parody video of the anti mining taxes campaign, re-launched last week by The Minerals Council of Australia.

Diversified miner BHP Billiton (NYSE:RIO) today became the third iron giant to join the new China Beijing Metals Exchange (CBMX), only a few days after competitors Vale (NYSE:VALE) and Rio Tinto (NYSE:RIO) did the same.