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| 8 Feb 2010 | Iron & Steel | ► | Spot ore market tends stable, with slight rising After spot iron ore price stopped dropping, buyers expected that the price and enquires will both increase and the market mind will be improved. The price of 63.5% Indian power ore slightly rallied... more ► |
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| Steel Dynamics posts $26.7m 4Q profit Steel Dynamics, Inc. said Wednesday it earned $26.7 million in the fourth quarter, reversing a loss from a year ago as it increased production and lowered costs... more ► |
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| ArcelorMittal zeroes in on Bellary for 6-mt steel unit ArcelorMittal, the world's largest steel maker, has finalised Kuditini near Bellary in east-central Karnataka to set up its Rs 30,000-crore, 6-million tonne per annum steel plant. A team of company... more ► |
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| Miners optimistic about Chinese iron ore price talks Mining giants BHP Billiton and Rio Tinto will update the markets on their financial performance this week against the backdrop of difficult talks with China over iron ore pricing... more ► |
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| Japanese steel giants tie up with Indian firms Last week, Tata Steel, India's largest producer, announced a joint venture (JV) with Japan's Nippon Steel for production and sales of automotive cold-rolled flat products at Jamshedpur. The JV is... more ► |
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| Finnish tech firm leading MNC in steel space Finland-based Outotec Oyj, a key global supplier of technology and equipment in the metals sector, has emerged as the leading MNC player in the domestic steel space as companies step up execution of... more ► |
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| Metals prices heading for the roof Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more ► |
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| Chinese factor behind up and down of gold Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more ► |
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| Debate on nationalising the mines in South Africa A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more ► |
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| 5 Feb 2010 | Stainless Steel | ► | Orissa inks pact with JSL for stainless steel park The Orissa government today signed a memorandum of understanding with the Ratan Jindal-owned JSL Ltd for setting up a stainless steel park at Kalinganagar where the company is setting up a 1.6... more ► |
| Base Metals | ► | Copper, Aluminium, Zinc, Lead, Tin, Nickel |
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| 8 Feb 2010 | Nickel | ► | URSA Major Minerals starts mining operations at Shakespeare Nickel Mine, Sudbury Area URSA Major Minerals Incorporated is pleased to announce that the Company has started mining operations at the Shakespeare Nickel Copper Mine located 70 km west of Sudbury, Ontario... more ► |
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| Base Metals | ► | Nevsun raising $117m in private placement; to issue 52m common shares Nevsun Resources Ltd. says it plans to raise $117 million in a private placement aimed at developing its Bisha gold and base metals mine in Eritrea... more ► |
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| Vale sending nickel off to Welsh refinery The first shipment of nickel concentrate to be processed into matte at Copper Cliff Smelter Complex since a strike by Steelworkers began seven months ago is on its way to Vale Inco's refinery in... more ► |
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| Copper | ► | Teck Resources' sale of Waneta Dam gets approval nod news Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more ► |
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| Aluminium | ► | Strike ends at foundry in Manitowoc Workers at Wisconsin Aluminum Foundry ended their strike but did not win a successor clause that would protect their jobs and benefits if the company were sold... more ► |
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| Aleris International files plan of reorganization Aleris International, Inc. a global leader in aluminium rolled products, extrusions and recycling, announced today that it filed its proposed Plan of Reorganization (Plan) and related draft... more ► |
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| Copper | ► | Grupo México's 2009 consolidated income down 17.6% to $887m Grupo México posted 2009 consolidated net income of US$887mn, a drop of 17.6% from US$1.08bn in 2008, according to the group's quarterly results released Friday... more ► |
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| Geo Minerals finds copper at prospect in Arizona Geo Minerals Ltd. announced initial drilling results for the Copper Springs porphyry copper prospect located in south-central Arizona. Geo has a letter of intent with Bronco Creek Exploration Inc... more ► |
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| Zinc | ► | Blackwell officials accept $54m settlement with Freeport over contamination Blackwell officials have accepted a $54 million settlement in a lawsuit against an international mining company whose entity was blamed for pollution in the northern Oklahoma city... more ► |
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| Base Metals | ► | Proposed copper-nickel mine draws 'extraordinary' interest State and federal regulators will take several months to review voluminous public feedback about the PolyMet project... more ► |
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| Precious Metals | ► | Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium, Osmium |
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| 8 Feb 2010 | Silver | ► | Canadian mining companies combine their silver assets into new firm Four Canadian mining companies have agreed to combine their silver assets into a new company called Silver Predator Mines Inc... more ► |
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| Gold | ► | URSA Major Minerals starts mining operations at Shakespeare Nickel Mine, Sudbury Area URSA Major Minerals Incorporated is pleased to announce that the Company has started mining operations at the Shakespeare Nickel Copper Mine located 70 km west of Sudbury, Ontario... more ► |
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| Nevsun raising $117m in private placement; to issue 52m common shares Nevsun Resources Ltd. says it plans to raise $117 million in a private placement aimed at developing its Bisha gold and base metals mine in Eritrea... more ► |
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| Simmers mulls First Uranium options Simmer and Jack Mines said on Friday that it is currently considering the various options available to it protect and optimise the company's investment in First Uranium... more ► |
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| Teck Resources' sale of Waneta Dam gets approval nod news Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more ► |
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| Gold miner Avoca to unveil maiden profit Gold miner Avoca Resources Ltd is expecting to unveil a maiden first half pre-tax profit of $40.5 million... more ► |
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| Platinum | ► | PGE gains momentum in India "There is enough scope for exploration of Platinum group elements (PGE) in the country due to their extensive utility in high technology applications and commercial use," said Dr V Balaram of... more ► |
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| Gold | ► | Blackwell officials accept $54m settlement with Freeport over contamination Blackwell officials have accepted a $54 million settlement in a lawsuit against an international mining company whose entity was blamed for pollution in the northern Oklahoma city... more ► |
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| Precious Metals | ► | Proposed copper-nickel mine draws 'extraordinary' interest State and federal regulators will take several months to review voluminous public feedback about the PolyMet project... more ► |
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| Gold | ► | Chinese factor behind up and down of gold Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more ► |
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| Light Metals | ► | Titanium, Magnesium, Rubidium, Gallium, Beryllium, Strontium, Calcium, Barium, Cesium, Lithium, Sodium, Francium, Germanium, Potassium, Radium |
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| 8 Feb 2010 | Rubidium | ► | PGE gains momentum in India "There is enough scope for exploration of Platinum group elements (PGE) in the country due to their extensive utility in high technology applications and commercial use," said Dr V Balaram of... more ► |
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| Lithium | ► | Black Fire Minerals reveals encouraging lithium rock chip geochemical results Perth-based diversified resources company Black Fire Minerals has announced that assay results from the rock chip geochemical sampling program at the Karibib Project in Namibia have been returned... more ► |
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| Gallium | ► | Metals prices heading for the roof Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more ► |
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| Light Metals | ► | Chinese factor behind up and down of gold Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more ► |
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| Magnesium | ► | Rusnano approves magnesium hydroxide project The project's goal is to organize production of a flame retardant (fireproofing additive) – ananostructured magnesium hydroxide with modified surface – and value added products of bromide and... more ► |
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| 5 Feb 2010 | Beryllium | ► | Nortec Minerals Corp.: Rock chip sample returns 69.8g/t gold from Seinajoki Project, Finland Nortec Minerals Corp. is pleased to announce the excellent results from rock chip samples taken from the Seinajoki Gold Project in December last year... more ► |
| 4 Feb 2010 | Magnesium | ► | US ITC to conduct magnesium anti-dumping duty review |
| Titanium | ► | VSMPO to up titanium output by 10% Russia's VSMPO Avisma plans to increase output this year to 21,000 tonnes, up 10% from 2009... more ► |
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| Gallium | ► | Bonanza gallium assays from Michelle property in Yukon Bonanza grade gallium assays are a welcome bonus when crews drill for zinc-lead-silver mineralization, notably at the Michelle property belonging to Zinccorp Resources of Vancouver. The gallium assay... more ► |
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| 3 Feb 2010 | Lithium | ► | Korean govt strikes lithium deal with Posco The South Korean government signed a deal Tuesday with leading steelmaker POSCO to cooperate in extracting lithium from seawater, in a bid to secure a stable source of the material used in batteries... more ► |
| Exotic Metals | ► | Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium |
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| 8 Feb 2010 | Cobalt | ► | URSA Major Minerals starts mining operations at Shakespeare Nickel Mine, Sudbury Area URSA Major Minerals Incorporated is pleased to announce that the Company has started mining operations at the Shakespeare Nickel Copper Mine located 70 km west of Sudbury, Ontario... more ► |
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| Molybdenum | ► | Teck Resources' sale of Waneta Dam gets approval nod news Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more ► |
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| Thompson Creek terminates $35m credit facility Thompson Creek Metals Company Inc., one of the world's largest publicly traded, pure molybdenum producers, today announced that it has increased its financial flexibility by voluntarily terminating... more ► |
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| Tantalum | ► | Black Fire Minerals reveals encouraging lithium rock chip geochemical results Perth-based diversified resources company Black Fire Minerals has announced that assay results from the rock chip geochemical sampling program at the Karibib Project in Namibia have been returned... more ► |
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| Cobalt | ► | Proposed copper-nickel mine draws 'extraordinary' interest State and federal regulators will take several months to review voluminous public feedback about the PolyMet project... more ► |
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| Manganese | ► | Metals prices heading for the roof Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more ► |
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| Exotic Metals | ► | Chinese factor behind up and down of gold Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more ► |
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| Cobalt | ► | Value-added production and diversification hold keys for growth in Western Canada With $216 billion in resource-based projects under construction or planned, Alberta has become the leading location in the Western Hemisphere for energy development... more ► |
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| Tungsten | ► | Minmetals on the prowl for more overseas, domestic buys Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more ► |
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| Vanadium | ► | Debate on nationalising the mines in South Africa A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more ► |
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| Minor Metals | ► | Selenium, Silicon, Mercury, Indium, Antimony, Zirconium, Bismuth, Rhenium, Arsenic, Hafnium, Tellurium, Thallium |
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| 8 Feb 2010 | Indium | ► | Metals prices heading for the roof Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more ► |
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| Bismuth | ► | Value-added production and diversification hold keys for growth in Western Canada With $216 billion in resource-based projects under construction or planned, Alberta has become the leading location in the Western Hemisphere for energy development... more ► |
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| Antimony | ► | Minmetals on the prowl for more overseas, domestic buys Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more ► |
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| Franklin Mining in Bolovian antimony mine JV Franklin Mining, Inc. announced having formed a joint venture with Planet Resource Recovery, Inc. for development and operation of Bolivia's San Antonio de Turiri antimony mine... more ► |
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| 5 Feb 2010 | Nortec Minerals Corp.: Rock chip sample returns 69.8g/t gold from Seinajoki Project, Finland Nortec Minerals Corp. is pleased to announce the excellent results from rock chip samples taken from the Seinajoki Gold Project in December last year... more ► |
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| Rhenium | ► | San Anton announces business combination with Kings Minerals San Anton Resource Corporation announces that, subject to certain conditions, it has agreed in principle with its controlling shareholder, Kings Minerals NL (ASX: KMN) ("Kings"), to complete a... more ► |
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| 4 Feb 2010 | Indium | ► | Lithic files technical report on crypto zinc-copper-indium project Lithic Resources Ltd. announced that the final technical report on the Crypto project by Mine Development Associates ("MDA")... more ► |
| Bonanza gallium assays from Michelle property in Yukon Bonanza grade gallium assays are a welcome bonus when crews drill for zinc-lead-silver mineralization, notably at the Michelle property belonging to Zinccorp Resources of Vancouver. The gallium assay... more ► |
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| 3 Feb 2010 | Silicon | ► | Globe Specialty Metals reopens silicon facility Globe Specialty Metals, Inc. has reopened its silicon metal and ferrosilicon alloys facility in Alabama that it idled during the economic downturn. Globe restarted the first of two furnaces at the... more ► |
| Bismuth | ► | Cardero updates project development strategy Cardero Resource Corp. is pleased to provide an update on its corporate strategy and key mineral projects following the recently completed sale of the Pampa de Pongo Iron Deposit in Peru for total... more ► |
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| 8 Feb 2010 | Uranium | ► | Simmers mulls First Uranium options Simmer and Jack Mines said on Friday that it is currently considering the various options available to it protect and optimise the company's investment in First Uranium... more ► |
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| Rare Earth | ► | Magnet Materials supply chain players propose six-point plan to address impending rare earths crisis The United States Magnet Materials Association, a coalition of companies representing domestic high performance magnet producers and suppliers, today submitted a proposal to the U.S. Departments of... more ► |
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| Uranium | ► | Will we run out of uranium? There is strong evidence that a nuclear Renaissance is underway, and that the number of new reactors under construction, being planned, and under consideration is rapidly increasing. Brian Wang has... more ► |
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| Thorium | ► | Metals prices heading for the roof Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more ► |
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| Rare Earth | ► | Minmetals on the prowl for more overseas, domestic buys Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more ► |
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| 5 Feb 2010 | Nortec Minerals Corp.: Rock chip sample returns 69.8g/t gold from Seinajoki Project, Finland Nortec Minerals Corp. is pleased to announce the excellent results from rock chip samples taken from the Seinajoki Gold Project in December last year... more ► |
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| Uranium | ► | Rand Uranium plans R3.5bn project Rand Uranium, the unlisted venture held by funds and Harmony Gold, plans to build a R3.5bn uranium project to supply up to 2.5 million pounds of U3O8 from 2013 and could increase that four times if... more ► |
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| 4 Feb 2010 | Lutetium | ► | Golden Share acquires lutetium REE property in Central Quebec, Canada Golden Share Mining Corporation is pleased to announce the acquisition by map staking of the Lutetium Property, located in central Quebec, Canada... more ► |
| Rare Earth | ► | Nuinsco receives further positive test results from Prairie Lake project Nuinsco Resources Limited announced today that results of ongoing work at its 100% owned Prairie Lake Project in northwestern Ontario continue to be very positive. A round of tests using low-cost... more ► |
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| Demand for rare earths up Demand for rare-earth metals was increasing "exponentially", primarily driven by demand for new technology, independent consultant and commentator Jack Lifton said on Monday... more ► |
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| Other News |
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| 8 Feb 2010 | Metals | ► | Canadian Government moving forward with prosperity review process Taseko Mines Limited welcomes the decision by the Federal Review Panel to move forward with public hearings on the proposed $800 million Prosperity Gold-Copper mine near Williams Lake, BC... more ► |
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| Teck Resources' sale of Waneta Dam gets approval nod news Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more ► |
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| London Metal Exchange Chairman, Donald Brydon, to step down The London Metal Exchange announces that its Chairman, Donald Brydon, is to step down in the next few weeks to concentrate on his roles with Royal Mail and Smiths Group. Donald Brydon was appointed... more ► |
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| Congo lifts copper export ban Authorities in Congo's Katanga province have lifted the copper export ban following a meeting with the provincial governor... more ► |
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| Chinese factor behind up and down of gold Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more ► |
|||
| Value-added production and diversification hold keys for growth in Western Canada With $216 billion in resource-based projects under construction or planned, Alberta has become the leading location in the Western Hemisphere for energy development... more ► |
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| Minmetals on the prowl for more overseas, domestic buys Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more ► |
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| Debate on nationalising the mines in South Africa A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more ► |
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| 5 Feb 2010 | San Anton announces business combination with Kings Minerals San Anton Resource Corporation announces that, subject to certain conditions, it has agreed in principle with its controlling shareholder, Kings Minerals NL (ASX: KMN) ("Kings"), to complete a... more ► |
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| 4 Feb 2010 | Nkwe Platinum announces positive bankable feasibility study on Garatau Project Emerging platinum company Nkwe Platinum (ASX: NKP) has announced details of the bankable feasibility study on its Garatau Project, highlighting an average production of between 240,000 and 400,000... more ► |
