Rio's McIntosh at Roundup 2015: Mining not a 'sunset industry'

Source: Daily News | 2015-01-27
VANCOUVER — There’s likely not an explorer with a bigger technical team or budget than Rio Tinto’s (NYSE: RIO; LON: RIO) Stephen McIntosh, who serves as the mega miner’s global head of exploration and has been with the...

First Nickel slashes jobs at Lockerby mine 

Source: Print Archives | 2015-01-21
First Nickel (TSX: FNI; US-OTC: FNKLF) is cutting 109 jobs at its Lockerby nickel-copper mine in Ontario’s Sudbury basin, as part of a restructuring plan to lower costs, resume exploration and extend the mine’s life. 

Ivanhoe tables prefeasibility study on Platreef PGM project 

Source: Print Archives | 2015-01-14
In Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) first-ever conference call on its massive Platreef project in South Africa, executive chairman and company founder Robert Friedland declared that the orebody “is destined to change the...

BHP spinoff South32 to launch in mid-2015 

Source: Print Archives | 2014-12-24
BHP Billiton’s (LSE: BLT) spinoff company will be named South32, a nod to the location of its assets  in the southern hemisphere and a more cryptic salute to the location of its main offices in Australia and South Africa.

Sherritt surges as Obama ends US isolation of Cuba 

Source: Print Archives | 2014-12-24
U.S. President Barack Obama’s call for a “new approach” in the U.S. government’s relationship with Cuba, including the establishment of diplomatic relations and an easing of economic and travel restrictions, has lifted...

PE fund invests in IMX's Ntaka Hill nickel project 

Source: Print Archives | 2014-12-24
Private equity deals have been fewer this year than many in the mining sector had hoped, given the declining fortunes of hundreds of cash-strapped mining companies. So when a deal is made, it tends to get noticed.

Asian Mineral capitalizes on first-mover status in Vietnam 

Source: Print Archives | 2014-12-17
VANCOUVER — It’s been a long journey for Asian Mineral Resources (TSXV: ASN; US-OTC: AIERF) at its Ban Phuc nickel-sulphide project, 160 km west of Hanoi in Vietnam’s Son La province, but the company’s patience is about...

Vale may sell part of its base metals division 

Source: Print Archives | 2014-12-10
After paying almost US$20 billion for Inco in 2006, Vale (NYSE: VALE) says it may sell part of its base metals division to unlock value.

Wood Mac sees stronger prices for copper, nickel, zinc 

Source: Print Archives | 2014-12-03
Falling energy and metal prices are leaving many investors in the mining space anxious about what lies in store next year. Julian Kettle, head of metals and mining research at Wood Mackenzie in London, recently took time to speak to The...

Lundin hits commercial production at Eagle  

Source: Print Archives | 2014-12-03
Lundin Mining (TSX: LUN; US-OTC: LUNMF) now has another commercial mine in its growing roster of operations.