Reuters

MagIndustries says gets nod for Mengo potash project

MagIndustries Corp said it has received confirmation from the Republic of Congo that the country's National Assembly and the Senate have ratified the Canadian company's proposed Mengo potash project. The company said it has received verbal...

China digs for ways to stymie BHP's Potash Corp bid

China is stepping up attempts to hamper BHP Billiton's $39 billion hostile offer for Potash Corp, amid worries about future supplies of fertiliser it needs to rapidly boost food production. China's state-run Sinochem has hired HSBC to advise it...

Economic outlook optimism sends copper to 4-mth high

Copper rose to its highest in more than four months on Thursday as recent macroeconomic data from the world's two largest economies, the United States and China, brightened the outlook for metals demand. Following Wednesday's manufacturing data...

Australia state helps Woodside in land dispute

The Western Australia state government moved on Thursday to forcibly acquire land needed by Woodside Petroleum's Browse LNG project as a land dispute with indigenous communities threatened to delay it. The state's intervention will allow Woodside...

Gold inches up as econ outlook remains murky

Gold prices were slightly firmer on Thursday, and could stay on the rise as global economic prospects remain shaky with investors watching for more jobs data out of the United States. The better-than-expected manufacturing data from the US on top...

Miner saga boosts Chile's Pinera, may help royalty bill

Chilean President Sebastian Pinera's approval rating surged to a new high in August for his efforts to rescue 33 miners still trapped but alive weeks after a cave-in, and it could help him push through a mining royalty hike. A new survey by...

Brazil state says makes big iron ore find

Brazil's Mato Grosso state government said on Wednesday it had registered a major mineral deposit discovery with an estimated 11,5-billion tons of iron ore of a 41 percent Fe grade. If confirmed it would be bigger than the country's massive...

China, US data propels copper to 4-month high

Copper hit a four-month high on Wednesday, as firmer manufacturing data in both China, the world's biggest copper consumer, and the United States, the world's largest economy, boosted the demand outlook. Analysts and traders also pointed to a...

Equinox sees Zambia uranium exports in 2-3 years

Equinox Minerals plans to start exporting stockpiled uranium from its Lumwana mine in Zambia in about two to three years, when prices rise, the head of the company said on Wednesday. CE Craig Williams said Equinox had so far stockpiled...

SA miners' union suspends sympathy strike

South Africa's largest union on Wednesday suspended a one-day sympathy strike this week that could have shut mines in order to give about 1,3-million striking state workers more time to consider a new wage offer. Unions representing the state...