As Brazil’s Vale SA figures out what to do with its fertilizer business, the mining giant is thought to be testing the waters on a potential sale, according to people familiar with the matter.
It’s Ecuador and Colombia next for Chilean copper giant Codelco, as the company proceeds with plans to become more international by exploring mining opportunities in neighbouring countries.
President Barack Obama will announce tomorrow a fast tracking of the approval of the southern half of TransCanada's (TSX, NYSE: TRP) Keystone XL oil pipeline, CNN reports.
Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) ("Rubicon") is pleased to announce that the amendments to the Permit to Take Water, the Industrial Sewage Certificate of Approval and the Air Certificate of Approval, pertaining to its 100% owned Phoenix Gold Project located in the heart of the prolific Red Lake Gold district, have been accepted and approved by the Ontario Ministry of Environment.
Greenland Minerals and Energy Limited ("GMEL" or "the Company") (ASX: GGG.AX - News) is pleased to announce the first mineral resource estimate for the 'Zone 2' multi-element deposit. Zone 2 is the second mineral resource established in the broader project area, following the delineation of a 619 Mt resource at Kvanefjeld (March 2011).
Mining company boss Steve Letwin was ecstatic when he struck a precedent-setting deal with the Canadian government to work together on a training project for African youth. “I think it’s the model of the future,” says the president of IAMGOLD Corp., the Toronto gold miner that operates the biggest mine in the West African country of Burkina Faso.
The government of Quebec, Canada’s most indebted province, is banking on a royalty windfall from its natural-resources sector, especially mining, to help begin its long climb out of the red.
A rise in rough diamond imports by India took place in February. India imported $1.33 billion worth of rough diamonds, increasing 21.3 percent, based on provisional figures published by the Gem &Jewellery Export Promotion Council (GJEPC).
A sharp decline in India’s polished diamond trade in February after an import tax started to be collected. India exported $1.44 billion worth of polished diamonds in February, a 53.7 percent drop compared to February 2011.