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Most Popular Articles - Americas
 
MINING SERVICES

Mining project studies on the increase – DRA Video Available

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The awarding of studies for potential mining projects is on the increase, says DRA CEO Paul Thomson, who spoke to Mining Weekly Online on the eve of his company’s thirtieth anniversary celebrations. The head of the 3 000-employee project house,...
24th July 2014
 
 
COPPER

Indonesia to give Freeport export permit, face-off continues with Newmont

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Indonesia will soon allow US miner Freeport-McMoRan Copper & Gold Inc to resume copper exports, with both sides close to ending a six-month dispute over new mining rules, a senior official said on Thursday. However, there has been no such...
24th July 2014
 
 
URANIUM

Paladin refinances Namibia mine as it wraps up minority sale

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Uranium miner Paladin Energy has finalised the sale of a minority interest in its Langer Heinrich operation, in Namibia, and is now using the money to refinance the project’s finance facility. Paladin has sold a 25% stake in the uranium project...
24th July 2014
 
 
DIVERSIFIED MINING

Teck Resources' profit falls as coal prices remain weak

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Canadian diversified miner Teck Resources reported a 44% drop in quarterly earnings, mainly due to "significantly" lower coal prices. Teck said coal prices fell to $111/t in the second quarter from $156/t a year earlier. The company said it sold...
24th July 2014
 
 
M&A

Big deals surge in Q2

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After a quiet first quarter, mergers and acquisitions (M&A) activity in Canada accelerated in the second quarter, according to professional services firm PwC's ‘Capital Markets Flash’. The second quarter saw 748 deals with a total value of...
24th July 2014
 
 
IRON-ORE

Brazil miner Vale posts record Q2 iron-ore production

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Brazilian miner Vale said on Thursday its iron ore output in the second quarter was a record high for the period, up 12.6% from a year earlier, as it ramped up production to win back market share from Australian rivals. Vale's preferred shares,...
25th July 2014
 
 
ENVIRONMENT

Codelco submits changes to Andina project to reduce environmental impact

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World No 1 copper producer Codelco submitted to Chilean environmental authorities changes to its controversial Andina project that it said would reduce the mine's potential impact on nearby glaciers and water supply. State-owned Codelco, which...
25th July 2014
 
 
IRON

Brazil's Usiminas posts profit short of expectations

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Brazilian steelmaker Usiminas on Thursday reported a lower-than-expected quarterly profit as iron-ore prices fell and flat steel demand faltered. Usinas Siderúrgicas de Minas Gerais, as the company is formally known, posted second-quarter net...
24th July 2014
 
 
 
 
 
 
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