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MINERAL TITLE

Sinchao loses mineral resources at Peru copper-gold project

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For Sinchao Metals Corp, the bad news is that its Peruvian copper-gold project, located 30 km from Newmont Mining’s giant Yanacocha mine, has been stripped of its mineral resources. The good news? The TSX V-listed firm’s imminent merger with...

By: Matthew Hill

25th May 2012

CORPORATE ACTIVITY

Norilsk reaffirms potential hostile AMR bid

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Russia’s Norilsk Nickel on Thursday reaffirmed its potential hostile bid to take over TSX-V-listed Asian Mineral Resources (AMR) through an all-cash transaction. Norilsk, the world’s biggest nickel and palladium producer, said it had...

By: Henry Lazenby

25th May 2012

ZINC

China infrastructure push to boost zinc imports, support prices

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China is likely to boost imports of zinc in the fourth quarter of the year after Beijing said it would speed up infrastructure investment, market players said, helping support prices for the base metal. Zinc is set to reap the benefits of a push...

By: Reuters

25th May 2012

COPPE

Anglo gaining ground in Codelco battle

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With the tussle moving out of the courts and into the commercial arena and with Codelco CEO Diego Hernandez suddenly quitting his post in the midst of the ongoing battle, Anglo American CEO Cynthia Carroll appears to have gained significant...

By: Martin Creamer

25th May 2012

ZINC

Perkoa proves up for Blackthorn

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Metals developer Blackthorn Resources has reported an 80% increase in the mineral resource at its Perkoa joint venture project, in Burkina Faso. The project’s mineral resource has now increased to 12.17-million tons, at 10.3% zinc and 53.9 g/t...

By: Esmarie Swanepoel

25th May 2012

PEOPLE

Chile Codelco CEO Hernandez to resign, CFO to step in

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Chile's state copper giant Codelco said on Thursday CEO Diego Hernandez was resigning and would be replaced by CFO Thomas Keller, just as the world's No. 1 copper producer is striving to end a bitter contract dispute with global miner Anglo...

By: Reuters

25th May 2012

COMMUNITY RELATIONS

Near-mine communities up in arms against Freeport McMoRan’s DRC unit

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Communities living near the new $2-billion Fungurume copper/cobalt mine, in the Democratic Republic of Congo (DRC), are up in arms against the gigantic mine’s developer, which they accuse of not delivering on its pledge to create substantial...

By: Nomvelo Buthelezi

25th May 2012

CORPORATE ACTIVITY

Asian Minerals says Norilsk hostile offer 'too vague'

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Directors of emerging nickel producer Asian Mineral Resources (AMR) on Thursday said a hostile takeover bid by Russia's Norilsk Nickel, the world's biggest nickel and palladium producer, for all the shares of AMR, was “too vague”. In a...

By: Henry Lazenby

24th May 2012

Topics in these articles

City	Company	Country	Facility
Cajamarca Johannesburg Beijing Codelco London Perth SANTIAGO Lubumbashi	Newmont Mining Scott E. Wilson Consulting Sinchao Metals Corp Southern Legacy Minerals Asian Mineral Resources Pala Investments Holdings Antaike Anglo American Sur SA Anglo Sur BHP Billiton Codelco Mitsubishi Mitsui Blackthorn Resources DRC Freeport McMoRan Copper Freeport-McMoRan Freeport-McMoRan Copper & Gold Lundin Mining Mining Weekly Norilsk	Chile Colombia Russia Vietnam China Japan South Africa Burkina Faso Democratic Republic Of Congo	Yanacocha Mine University Of Chicago Los Bronces Mine $2-billion Fungurume Copper/cobalt Mine
Natural Feature	Person	Currency	Industry Term
Andes	Atahualpa Cynthia Carroll Diego Hernandez Hernan De Solminihac Thomas Keller Claude Kabemba	USD CNY	Palladium Producer Base Metal Metal Steel Copper Mining Surface Infrastructure Zinc Metal Copper Giant Copper Producer Nickel Producer
Continent	Medical Condition	Market Index
Europe	Injury	TSX