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POTASH

MagIndustries says gets nod for Mengo potash project

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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...

By: Reuters

3rd September 2010

COPPER

Xstrata, Peru ink contract for $4,2bn copper mine

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Xstrata Copper is on track to start construction at its Las Bambas project, in Peru, in a year's time, after receiving mining titles for the operation by the Peruvian government on Thursday. President Alan Garcia, Xstrata Copper CEO Charlie...

By: Liezel Hill

3rd September 2010

FINANCE

Lundin amends, extends credit facility

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Canadian base-metals miner Lundin Mining has amended and restated a credit agreement to increase the amount of the revolving credit facility, lower the cost of borrowing and extend the term of the facility, the firm said on Thursday. The...

By: Liezel Hill

2nd September 2010

GOLD

Anatolia Minerals targets 400 000 oz/y by 2014

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Colorado-based Anatolia Minerals is hoping to grow production at its Çöpler gold project in Turkey to 400 000 oz/y by 2014, CEO Edward Dowling said on Thursday. The company will produce the first gold by the end of the year, building up to an...

By: Matthew Hill

2nd September 2010

POTASH OFFER

Saskatchewan commissions review on Potash Corp, mulls options

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The government of Saskatchewan has hired the Conference Board of Canada for an independent analysis of a proposed takeover of Potash Corporation of Saskatchewan, as it mulls the implications of a $40-billion hostile offer for the group....

By: Liezel Hill

2nd September 2010

DIAMONDS

Cheaper mining methods could increase Diavik resource

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The owners of the Diavik diamond mine, in Canada's Northwest Territories, are studying possible changes to underground mining methods which have the potential to lower costs and could result in a future extension of the mineral resource estimate,...

By: Liezel Hill

2nd September 2010

CANADA

Canadian mining CEO bonuses jump past 2008, 2009 levels

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Bonus payments to Canadian mining CEOs have increased to an average of 88% of base salaries this year, compared with 61% in 2009, according to a report published on Thursday. Bonus levels, which took a knock during the weaker commodities market...

By: Liezel Hill

2nd September 2010

WAGE NEGOTIATIONS

Strike-hit Richards Bay Minerals ups wage offer

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Richards Bay Minerals (RBM), a joint venture between BHP Billiton and Rio Tinto, has increased its wage offer for workers, as negotiations with the National Union of Mineworkers (NUM) continue. NUM members downed tools at the mine last week, in...

By: Chanel de Bruyn

2nd September 2010

Topics in these articles

City	Company	Country	Province Or State
Toronto Export New York BARRIE Johannesburg	China National Complete Plant Import Export Corp Ltd Magindustries Corp Xstrata Copper Bank Of Montreal ING Bank Lundin Mining Scotia Capital Kinross Gold BHP Billiton Industry Canada OnPotash Corp Potash Corp Potash Corporation Of Saskatchewan Harry Winston Hydropower Rio Tinto Coopers Consulting PwC NUM Richards Bay Minerals	Congo Republic Of Congo Peru Canada Democratic Republic Of Congo Portugal Spain Sweden Turkey China India United States Zimbabwe	Ontario Colorado Saskatchewan Northwest Territories
Currency	Facility	Person	Industry Term
USD CAD	Tintaya Mine	Alan Garcia Charlie Sartain Marie Inkster Edward Dowling Garry Cooper Bill Boyd Harry Winston Robert Gannicott Len Boggio Lou Vujanich Lesiba Seshoka	Base-metals Miner Retail Businesses Retail Confidence Underground Mining Methods
Published Medium	Continent	Region
The Conference Board Review	Asia	Far East