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Mining News

Mining news continually updated from thousands of sources around the net.

1 hr ago | Seeking Alpha

Barbarians At The Rare Earth Mine: Molycorp Equity Holders Could Get Cooked

For a company with an equity market capitalization of less than $1 billion, Molycorp, Inc. has been the subject of rabid speculation by both longs and shorts.

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Related Topix: Molycorp, Metals, Financial Markets

5 hrs ago | AmericanBankingNews.com

United States Steel Given "Sell" Rating at Citigroup Inc.

's stock had its "sell" rating reaffirmed by investment analysts at Citigroup Inc. in a note issued to investors on Thursday.

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Related Topix: Steel, United States Steel, Banking, Financial Services, Citigroup

9 hrs ago | Business Journal

Worthington Industries buys Midstream Equipment Fabrication for $40M

Worthington Industries Inc. has acquired another company in the oil and gas industry, giving it access to all of the country's major domestic shale plays.

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Related Topix: Industrial Machines, Steel, Worthington Inds, Ohio

12 hrs ago | Northern Ontario Business

Cliffs wins victory in Ring of Fire court case

It'll be up to Natural Resources Minister Bill Mauro to decide if Cliffs Natural Resources gets permission for an overland transportation route into the Ring of Fire.

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Related Topix: Cleveland Cliffs, Metals

12 hrs ago | Northern Life

Cliffs wins victory in Ring of Fire court case

It'll be up to Natural Resources Minister Bill Mauro to decide if Cliffs Natural Resources gets permission for an overland transportation route into the Ring of Fire.

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Related Topix: Cleveland Cliffs, Metals

13 hrs ago | The Columbus Dispatch

Photographs create portrait of life in Central America

"The Riches of Central America: the People, Customs and Culture" continues through Aug. 17 in the McConnell Arts Center, 777 Evening St., Worthington.

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Related Topix: Industrial Machines, Steel, Worthington Inds, Worthington, OH

17 hrs ago | Iol.co.za

Glencore gets R75bn from mine sale

Glencore said it received $7 billion from the sale of one of the world's largest copper projects, the Las Bambas mine in Peru, and is expected to return at least half the cash to its shareholders.

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Related Topix: Metals, Xstrata

21 hrs ago | Iol.co.za

AngloGold sees more mine sales

AngloGold Ashanti, the world's third-largest gold producer, expects the biggest miners to put more assets on the block as they seek to bolster margins ahead of a forecast slump in prices.

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Related Topix: AngloGold, Startups, Autonomy

Thu Jul 31, 2014

News Times

Wheelabrator sold to private equity firm for $1.9 billion

Overhead crane operator Luis Rullan guides a giant claw to pick up trash at Wheelabrator's Bridgeport Resco waste-to-energy plant in Bridgeport, Conn.

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Related Topix: Bridgeport, CT, Waste Management, Wallbridge Mining Company, Environmental, Metals

AmericanBankingNews.com

Agnico Eagle Mines Lowered to Hold at Desjardins

Shares of Agnico Eagle Mines traded down 8.76% on Thursday, hitting $37.19. The stock had a trading volume of 4,572,410 shares.

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Related Topix: AgnicoEagle Mines

Canada.com

TSX declines amid mixed earnings, interest rate concerns

The Toronto stock market was lower as a number of big Canadian corporations missed earnings forecasts and and concerns rose about when the U.S. Federal Reserve may hike interest rates.

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Related Topix: Barrick Gold

Brandon Sun

Barrick Gold looking to Nevada for growth as it continues to cuts costs

Barrick Gold Corp. is looking at its projects in Nevada - the state that helped make the company - for growth as it continues to cut costs and focus its operations, chief executive CEO Jamie Sokalsky said Thursday.

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Related Topix: Barrick Gold, Middle East, Saudi Arabia, World News

Brandon Sun

Goldcorp reports US$181M second-quarter profit, revenue climbs to $906M

Goldcorp Inc. earned US$181 million in its latest quarter compared with a big loss a year ago when the company wrote down the value of its Penasquito mine and Cerro Blanco project.

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Related Topix: Goldcorp, Mexico, World News

Business Journal

Universal Stainless swings to profit in 2Q

An increase in sales to the aerospace industry helped Universal Stainless & Alloy Products Inc.'s earnings to soar in the second quarter.

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Related Topix: Steel, Universal Stainless and Alloy Products

Journal Gazette

Ivy Tech now offers CNC training

Meg Distler of the St. Joseph Community Health Foundation, left, Bob Distler of Superior Essex and Jorge Ortiz of Sen. Joe Donnelly's office tour the advanced manufacturing lab at Ivy Tech on Wednesday.

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Related Topix: US News, US Senate, US Politics, Senator Joe Donnelly, US House of Representatives, Democrat, Representative Joe Donnelly, Steel, Steel Dynamics, Noble County, IN, Allen County, IN, Fort Wayne, IN

Wed Jul 30, 2014

The Ecologist

Rio Tinto's 'sustainable mining' claims exposed

Global mining giant Rio Tinto markets itself as a 'sustainable company', writes Kemal Ozkan.

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Related Topix: Rio Tinto

The Age

When BHP's boss met Putin

Strong ties: Russian President Vladimir Putin speaking to business leaders at the World Economic Forum during the global financial crisis Before taking over the top job at BHP Billiton, Andrew Mackenzie met a world leader with enormous influence over the global resources sector: Vladimir Putin.

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Related Topix: Vladimir Putin, Rio Tinto

Post-gazette.com

Consol, Range hamstrung by lack of pipelines

Consol Energy Inc. more than doubled its gas production during the past three months, compared with the same period in 2013, but like other Marcellus Shale operators, it's eager to get its gas out of this region and to more lucrative markets.

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Related Topix: Consol Energy, Michigan

Business Journal

Newmont Mining to open $1 billion gold mine in South America

Newmont Mining Co. says it will develop a gold mine in the South American nation of Suriname at a cost of $900 million to $1 billion.

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Related Topix: Newmont Mining Corporation of Canada, Greenwood Village, CO

Business Journal

Tax abatement coaxes automotive supplier to Clarksville

Delaware-based Shiloh Industries plans to bring 150 jobs and about $20 million in investment to the Clarksville site formerly home to a Contech/Metal Forge factory.

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Related Topix: Shiloh Industries, Steel

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