Sherritt International is delaying its plan to build a $3.3 billion coal gasification project near Edmonton due to uncertainty over carbon dioxide regulations and the products the plant could make.
Sherritt’s original plan was to file its environmental impact assessment on the proposal this year and start construction next year, with production to begin in 2012.
A […]

In July 2007, a Canada-domiciled mining company was acquired by a Russian group for $5,2-billion. That company was LionOre, and it had assets in Southern Africa – an 85% share in Tati Nickel, in Botswana, and a 50% stake in Nkomati Nickel, in South Africa.
LionOre’s buyer was the giant Russian mining and metallurgical group, OJSC […]

Vale is the biggest exploration and producer iron ore, reports earnings advantage of company iron ore sales revenue increases 22%. Net income rose to $5.01 billion, or $1.02 a share, from $4.095 billion, or 85 cents, a year earlier. The results topped the average estimate of 91 cents a share from eight analysts surveyed by […]

The biggest mining deals in Russia this year, the metals tycoon on Tuesday would sell 16.6 percent of the Arctic mining giant Norilsk Nickel to his former business partner.
The two tycoons agreed last year to divide their holdings in Norilsk, a Russian factory founded by Stalin, whose value soared along with high commodity prices. Norilsk […]

Higher commodities prices helped Anglo American increase pre-tax profits 19 per cent in the first half, with its iron ore, coal and copper divisions performing particularly well.
Cynthia Carroll, chief executive, gave an upbeat assessment of the outlook for commodity prices and said that demand from China and other emerging markets would outweigh slower demand from […]

Altius Minerals Corporation reported net earnings of $12.1 million or $0.40 per share for the year ended April 30, 2008 compared to net earnings of $52.8 million or $1.80 per share for the same period last year. For the quarter ended April 30, 2008 net loss was $42.0 million or $(1.34) per share compared to […]

Many plans which must be compiled by government Davao Oriental to greet meeting studying about exploration of mine in Davao. This activity generates many distortions in public Davao about government program which will do expansion and improvement of mine exploration in Davao.
Some of publics Davao doesn’t agree existence of government mining exploration program redundantly, […]

Mining company of South has signed cooperation agreement with Wallbrigde mine exploration company to exploration of mine in Sudbury, Parkin Offset.
Two companies cooperation agreement is WallBrigde and Impala Platinum. In this agreement Impala Platium will do investment equal to $5 million, Indium exchange for its $5-million investment indium the Parkin Offset Dyke Properties indium the […]

Australia said it will increase scrutiny of investment from China and other foreign countries in mining companies, particularly when the investor is also a major customer or government entity seeking a majority stake.
Treasurer Wayne Swan, who must approve major foreign investments, said yesterday Australia needed to make sure that Australian companies remained reliable suppliers to […]

Copper soared to a record high on Thursday as a strike in Peru stoked supply fears and as investors sought alternatives to equities, while surging oil pushed aluminium to a four-month peak.
Copper for three-month delivery on the London Metal Exchange was at $8,810 a tonne at mid-session, down from an earlier record high of $8,940. […]