Vale has big money to spend
Almir Rezende has a problem that most of us would love to have: How to spend US$1 billion a month over the next five years.
News
Cue defines Yuty uranium resource
Cue Resources (CUE-V, CUEYF-O) has released a new resource estimate for a portion of the San Antonio uranium deposit in southeastern Paraguay, encouraging the company to continue with environmental ba…
Desert drilling returns strong iron grades for Anaconda
VANCOUVER — Promising drill results and an available drill rig prompted Anaconda Mining (ANX-T, ANXGF-O) to tack on an extra 4,200 metres to the drill program at its San Gabriel project in Chile, and…
Mmamabula power plant hits major hiccup for CIC Energy (June 27, 2008)
Vancouver – Plans to develop a new coal mine and coal-fired power station in Botswana to add much-needed capacity t…
Premier Gold Mines reports long intercepts at Geraldton
Premier Gold Mines (PG-T) has returned long gold intercepts, some in excess of 100 metres, on its Geraldton project…
Next M&A deal could be an Anglo American takeover by either Vale or Xstrata, Citigroup says
Just months after Vale (RIO-N) declared that the deal to buy Swiss-based rival Xstrata (XTA-L, XSRAF-O) was dead,…
Kahuna diamonds heading to Antwerp
Enough diamonds were recovered during a tailings audit on the Kahnuna bulk sample to possibly increase the project’…
Red Back braces for power cost rise in Ghana
Vancouver-based gold miner Red Back Mining (RBI-T) is warning investors that it may be walloped by a doubling in po…
Angola reveals more of itself to Metalex
Metalex Ventures’ (MTX-V) faith in Angola continues to yield positive exploration results. While the sub-Saharan …
More colored diamonds for Mori in Ontario
In what is believed to be the first time rare colored diamonds have been found in such great numbers in Ontario, mo…
Agnico stakes claim in Red Lake
These are robust days for Agnico-Eagle Mines (AEM-T, AEM-N).On the heels of opening its second major mine, Goldex…
Oil money now flowing to mining
The government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the first Mi…