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Mining News

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

1 hr ago | The Wichita Eagle

Ex-coal official seeks leniency in conspiracy case

Hughart pleaded guilty to conspiracy charges, admitting he helped give miners at another Massey subsidiary advance warning about surprise inspections.

Comment?

Related Topix: Massey Energy, Health

5 hrs ago | Insider Monkey

Kinder Morgan Energy Partners LP (KMP), Natural Resource Partners LP...

Kinder Morgan Energy Partners LP is making a move into owning resource properties with the intent of leasing them to third parties to mine.

Comment?

Related Topix: Kinder Morgan Energy Partners LP, Energy, Oil & Gas, Natural Resource Partners LP

7 hrs ago | Counterpunch

Greed, Corruption and Big Coal

Hugh Caperton, a mine owner, who alleges that Massey drove him out of business. He lives in a big house.

Comment?

Related Topix: Massey Energy, Criminal Defense Law, Law

9 hrs ago | AmericanBankingNews.com

Steel Dynamics (STLD) Declares Quarterly Dividend of $0.11

Steel Dynamics declared a quarterly dividend on Monday, June 17th, Stock Ratings Network reports.

Comment?

Related Topix: Steel Dynamics, Steel

13 hrs ago | Seeking Alpha

McEwen Mining Is A Bet On The Man At The Helm

Introductions to articles on mining companies rarely start with a paragraph on the CEO, except for one precious metals miner for whom this seems to be the rule rather than the exception: McEwen Mining .

Comment?

Related Topix: Goldcorp

13 hrs ago | Crow

Profits down 13 per cent at Johnson Matthey

ROYSTON'S biggest employer says it remains "well positioned" in the market place despite a 13 per cent drop in profit in the last financial year.

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Related Topix: Johnson Matthey

Mon Jun 17, 2013

Reuters

Oil traders diversify into food and metals in quest for profits

Energy trading houses are diversifying into food commodities and metals, which makes them likely to invest in assets such as port capacity as they copy their rival Glencore Xstrata to escape excessive reliance on oil.

Comment?

Related Topix: Metals, Xstrata, Agriculture, Science, Food, Cargill, World News, OPEC (Organization of the Petroleum Exporting Countries)

AmericanBankingNews.com

Antofagasta plc Rating Increased to Buy at Ubs Ag

Shares of Antofagasta plc traded up 0.43% during mid-day trading on Monday, hitting $28.17.

Comment?

Related Topix: Antofagasta

The Baltimore Sun

Peru protesters push to stop $5 billion Newmont mine

Andean people march during a protest against Newmont's proposed $4.8 billion Conga gold mine, near the Cortada lagoon, in the Andean region of Cajamarca PEROL LAKE, Peru - Thousands of opponents of a $5 billion gold project of Newmont Mining circled a lake high in the Andes on Monday, vowing to stop the company from eventually draining it to make ... (more)

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Related Topix: Newmont Mining Corporation of Canada, Peru, World News

WBKO-TV Bowling Green

Demonstrators Arrested After Protest

Twelve demonstrators have been arrested following a protest by mine workers and their supporters in a dispute with St. Louis-based Patriot Coal.

Comment?

Related Topix: Energy, Patriot Coal, Peabody Energy

AmericanBankingNews.com

Investment Analysts' Ratings Reiterations for June, 17th (AKS,...

The analysts wrote, "AK guided to Q2 EPS of a $0.33-$0.38 cent loss, which included an unexpected non-cash tax reserve loss.

Comment?

Related Topix: Steel, AK Steel Holding

Daily Political

CONSOL Energy Price Target Lowered to $42.00 at Nomura

CONSOL Energy traded down 0.52% on Thursday, hitting $31.785. CONSOL Energy has a 1-year low of $26.41 and a 1-year high of $37.39.

Comment?

Related Topix: Consol Energy

Pittsburgh Post-Gazette

Drake sets Pittsburgh show for Oct. 18 at Consol Energy Center

"The Club Paradise Tour was more than just a name; it was Drake's way of trying to bring the perfect club experience to an almost-full First Niagara Pavilion" in May of 2012.

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Related Topix: Consol Energy

International Business Times

Ratan Tata Becomes Chief Advisor to AirAsia India

"I am pleased to announce @ratantata as the chief advisor to the board of Airasia India.

Comment?

Related Topix: Hatchback, Tata Nano, Automakers, Tata Motors, Steel, Tata Group, Lakshmi Mittal

Asian Correspondent

Wait and see for MVP in SMI

PLDT chair Manuel Pangilinan says they have no plans to expand or sell their stakes at Indophil Resources Philippines where Philex Mines owns 2-3 percent of the world class mining project at Sagittarius Mines Incorporation.

Comment?

Related Topix: Southeast Asia, Philippines, World News, Metals, Xstrata

Sun Jun 16, 2013

Bloomberg

Newcrest Facing Questions About June 7 Disclosure of Writedown

Newcrest Mining Ltd. , Australia 's largest gold producer, is facing scrutiny from regulators about its disclosure of a possible A$6 billion writedown after bullion slid into a bear market.

Comment?

Related Topix: Newcrest Mining, Banking, Insurance, Financial Services, Citigroup, Credit Suisse Group, Real Estate, Freeport

Bloomberg

Vale Sees China Slowdown Blunted by Brazil Currency Depreciation

Vale SA , Brazil 's largest exporter, said further local currency depreciation could counter cost rises and a slowdown in Chinese iron-ore demand as it seeks to regain market share from Rio Tinto Group and BHP Billiton Ltd. The real, the worst-performing emerging-market currency in the past three months, probably will weaken to about 2.40 from 2.15 ... (more)

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Related Topix: South America, World News, Brazil, BHP Billiton,

International Business Times

Forbes Magazine Lists Australia's Gina Rinehart as 5th Richest Woman in the World

's richest woman, has slipped down in Forbes Magazine's listing of the World's Richest Women to fifth place.

Comment?

Related Topix: Liliane Bettencourt, Chile, World News, Antofagasta

The Gillette News-Record

Reclaiming the land earns kudos

Paul Griswold, senior environmental technician with Peabody Energy, was named "Reclamationist of the Year" this week.

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Related Topix: Peabody Energy

The New Zealand Herald

Drop tarnishes gold shares

Shares in New Zealand and Australia's largest gold producers have bombed in recent weeks, with Australian giant Newcrest Mining shedding A$9 billion in share value during the past year.

Comment?

Related Topix: Newcrest Mining

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