North America
MINOR METALS
Demand for minor metals to rise, but supply disruptions a risk
Demand for cobalt, tantalum and rare earth metals – seen as critical minor metals necessary for the continuation of the modern way of life – would continue to increase, but a mining consultancy group said on Monday that there was a risk of...
By: Jean McKenzie
6th February 2012
IRON-ORE
Global iron-ore demand growth remains robust
Global iron-ore production showed a healthy increase of about 8% in 2011, compared with 2010, but the increase was not as impressive as previous years, Raw Materials Group cofounder and partner, Magnus Ericsson, said on Monday.
Speaking at the...
By: Jean McKenzie
6th February 2012
GOLD
Burnstone FY production falls short of guidance
Great Basin Gold (GBG) continues to face challenges in the production build-up programme at its Burnstone mine in South Africa, it reported on Monday, as production from the mine fell 6 000 oz short of its revised guidance.
The mine, near...
By: Natasha Odendaal
6th February 2012
GOLD
Yukon-Nevada restarts gold production at Jerritt Canyon
Canada's Yukon-Nevada Gold Corp said it restarted gold production at its Jerritt Canyon mill in Nevada, United States.
Yukon-Nevada, which also owns gold, silver, zinc and copper assets in Canada's Yukon territory and British Columbia, said it...
By: Reuters
6th February 2012
COPPER DEAL
Quadra FNX says ISS recommends Polish bid
There was no shortage of investors calling KGHM’s near-C$3-billion December bid for Vancouver’s Quadra FNX Mining cheap, but the target said on Monday Institutional Shareholder Services (ISS) said shareholders should give it the thumbs up....
By: Matthew Hill
6th February 2012
M&A
Miners have strong appetite for M&A - report
Healthy demand fundamentals, strong balance sheets and an appetite for growth will drive a step-up in mergers and acquisitions (M&A) in the global mining and metals sector in 2012, Ernst & Young (E&Y) global mining and metals transaction leader...
By: Henry Lazenby
6th February 2012
URANIUM
Macusani agrees to buy Southern Andes in friendly uranium deal
TSX-V- and Frankfurt-quoted Macusani Yellowcake said on Friday it agreed to buy Southern Andes Energy to grow its uranium exploration tenements in south-east Peru in an all-share deal.
The friendly takeover will see Macusani’s shareholders...
By: Matthew Hill
4th February 2012
IRON-ORE
Gabon and BHP Billiton have Belinga deal - govt official
Gabon and mining firm BHP Billiton have reached a deal over the Belinga iron ore concession in Gabon after it was taken off China's CMEC, a government official from the Central African nation's government told Reuters on Friday.
CMEC secured...
By: Reuters
4th February 2012
POTASH
Mosaic joins potash-production cutting party on soft demand
Potash dealers are holding back from buying the crop nutrient even more than North America’s second-biggest producer, Mosaic Corp, anticipated they would a month ago, prompting the company to idle up to 20% of its capacity up to May.
However,...
By: Matthew Hill
4th February 2012
PERMITTING
Colombia extends ban on requests for mine permits
Colombia has extended a suspension on receiving new requests for mining concessions for two months to handle a backlog of permits, the Andean nation's energy ministry said on Friday.
The world's number-four coal exporter has been hit by a series...
By: Reuters
3rd February 2012
COPPER-ZINC
Salazar's high-grade copper-zinc project attracts Lundin, Silvercorp
Toronto-based Lundin Mining has bought a 15.4% stake in Salazar Resources, which owns copper-zinc properties in Ecuador, after taking up over 80% of the units on offer in a $3-million equity financing.
Silvercorp, the Vancouver-domiciled,...
By: Matthew Hill
3rd February 2012
RARE EARTHS
Iamgold publishes maiden rare earths resource at Niobec
TORONTO (miningweekly.com) – Midtier precious metals producer Iamgold Corporation on Thursday said it had a 466.8-million ton rare-earth element resource at a deposit just north of its Niobec mine in Quebec.
The resource, hosted in carbonatite...
By: Matthew Hill
3rd February 2012
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North America Multimedia
Styldrift 2 may need R10bn investment, says RBPlat
Metmar keen to expand chrome business in SA, Zim
Nationalisation will set SA back 30 years – Baxter
Forbes Coal starts trading on JSE
Rockwell Diamonds trims capital raising down to C$20m
IDC says R22bn to be invested in mining over five years
Randgold starts relocations to make way for new Kibali gold mine
China’s growth plan will sustain rare-earth element consumption
Platinum price could soar beyond predicted $1 900/oz, says GFMS
Styldrift 2 may need R10bn investment, says RBPlat 
Metmar keen to expand chrome business in SA, Zim 
Nationalisation will set SA back 30 years –... 
Forbes Coal starts trading on JSE 
Rockwell Diamonds trims capital raising down to... 
IDC says R22bn to be invested in mining over... 
Randgold starts relocations to make way for new... 
China’s growth plan will sustain rare-earth... 
Platinum price could soar beyond predicted $1... 
Pan African seeking govt help after 13 trespassing gold miners are found dead
Better diamond...
Canada's Raitt will prioritise hard-hit towns, continued investment
First production under its belt, now Equinox eyes Lumwana expansions
Randgold Resources on the prowl, expects 'major cleanout' of juniors
South Africa’s State mining company gazetting ‘concerning’ – Chamber
Sallies negotiating higher Witkop prices as it shuts Buffalo
Minebuilders take...
Major Drilling...
Pan African seeking govt help after... 
Better diamond demand possible as... 
Canada's Raitt will prioritise... 
First production under its belt, now... 
Randgold Resources on the prowl,... 
South Africa’s State mining company... 
Sallies negotiating higher Witkop... 
Minebuilders take heart: 'The money... 
Major Drilling sees 'structural... 
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