Scotiabank’s report paints optimistic outlook for copper, zinc and nickel

As Canadian exports of iron ore and uranium to China continue to increase dramatically, Beijing will benefit from higher-quality ore and diversification of supply sources, predicts economist Patricia Mohr in the latest Scotiabank’s Commodity Price Index.

Cecilia Jamasmie | February 29, 2012 | 12:30 pm

Happy day: Silver hits 5-month high, gold attempts $1,800 and Dow scales 13,000

Silver’s gains for 2012 now stands at over 30% while gold added more than 180/oz in January and February. The last time the Dow closed above 13,000 was in May 2008.

MINING.com Editor | February 29, 2012 | 1:05 am

Teck CEO says zing is back in zinc

Lindsay's comments come despite forecasts of supply outstripping demand by at least 350,000 tonnes (some analysts put the figure as high as 539,000 tonnes) this year further putting pressure on prices.

MINING.com Editor | February 28, 2012 | 11:55 pm

Whose pricing power? Big 3 said to be in talks to join China’s new iron ore trading platform

Should the supermajors join the new platform it would mark the latest shift in the global iron ore business which has been completely transformed in less than a decade.

Frik Els | February 28, 2012 | 11:02 pm

Baja board battle: Mount Kellett says Greenslade, family and friends busy setting up $50 million payday

Mount Kellett calculates that Greenslade, his daughter Denby Greenslade and two directors "would realize $49,193,285 of value through their Baja stock, regardless of whether Catalyst proves successful or not."

Frik Els | February 28, 2012 | 8:02 pm

Chatham House: Restoring the gold standard would hurt already damaged global financial system

Returning to the gold standard would be impractical and could even harm the financial system says a new report from a a group of experts published by the London-based policy institute Chatham House.

Cecilia Jamasmie | February 28, 2012 | 7:13 pm

Enbridge CEO Daniel leaving the rocking ship

Shares of Canadian pipeline giant Enbridge Inc. (TSX:ENB) were falling this morning after CEO Pat Daniel announced yesterday that he is leaving the company amid an increasing controversy on its West Coast pipeline project, the $5.5-billion Northern Gateway.

Cecilia Jamasmie | February 28, 2012 | 5:48 pm

What rhymes with Grand Canyon? Yes, uranium

The U.S. Nuclear Energy Institute and the National Mining Association (NMA) are demanding the Obama administration to revoke a ban on new uranium mining around the Grand Canyon in Arizona. And they are doing so by suing the U.S. Interior Department, as the organizations announced yesterday.

Cecilia Jamasmie | February 28, 2012 | 2:00 pm

Botswana rapidly emerging as uranium power in Africa, major South Korean project and don’t forget Pine Creek

An Australian explorer said today that one of Africa’s most prolific uranium plays is shaking off the tag that it was the uranium province that was missed and is starting to emerge as a potentially significant greenfields province.

International Mining | February 28, 2012 | 6:26 am

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