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Mining News

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

2 hrs ago | CBC News

Ivanhoe Energy subsidiary to merge with PanAsian Petroleum Inc in Mongolia

Ivanhoe Energy Inc. said Thursday a move to acquire oil and gas exploration and production rights in highly prospective central Mongolia is the first step in a plan to aggressively grow its Mongolian operations.

Comment?

Related Topix: Ivanhoe Energy, Energy, Oil & Gas, Metals, Business News

6 hrs ago | MarketWatch

Rio Tinto's Cloud Peak IPO prices below expected range

Coal producer Cloud Peak Energy Inc.'s initial public offering of 30.6 million shares priced at $15 a share late Thursday, according to Renaissance Capital.

Comment?

Related Topix: Rio Tinto

11 hrs ago | Charleston Daily Mail

W.Va. lawmakers mull ruling on e-mail secrecy

A state Supreme Court justice says West Virginia's Freedom of Information laws are too narrow to fully serve the public's right to know, and some lawmakers are willing to look at changing the code.

Comment?

Related Topix: Massey Energy, Kanawha County, WV, Charleston, WV, Charleston Metro

15 hrs ago | Charleston Daily Mail

Don Blankenship, Robert F. Kennedy Jr. to debate at UC

This January, the University of Charleston will host a forum with Massey Energy president Don Blankenship and Robert F. Kennedy, Jr., a well-known environmentalist.

Comment?

Related Topix: Charleston, WV, Charleston Metro, University of Charleston, Massey Energy

Thu Nov 19, 2009

Marin Independent Journal

Alcoa idles Italy smelters, hurting 2,000 workers

Aluminum producer Alcoa Inc. said Thursday it will temporarily idle production at its two smelters in Italy, affecting about 2,000 workers, after a decision by the European Union left the company's ability to secure electricity for the plants at low rates uncertain.

Comment?

Related Topix: Alcoa

GuruFocus.com

Massey Energy Company (MEE) SVP & COO John Christopher Adkins sells 13,309 Shares

SVP & COO of Massey Energy Company John Christopher Adkins sells 13,309 shares of MEE on 11/16/2009 at an average price of $38.17 a share.

Comment?

Related Topix: Massey Energy, Financial Services, Investment Services

Hampton Roads Daily Press

Alcoa Howmet cuts 250 jobs at Hampton plant

Alcoa Howmet is laying off nearly a quarter of its workers at its Hampton manufacturing plant to adjust for an unforeseen sharp drop in orders for industrial gas turbines, the company confirmed Wednesday.

Comment?

Related Topix: Alcoa

Coast Reporter

Magazine releases annual ranking of Canada's wealthiest people

The wealthy Thomson family remains number one on the latest Canadian Business magazine list of the 100 richest Canadians.

Comment?

Related Topix: North America, Canada, World News, Metals

Star Phoenix

Cameco eyes acquisitions, joint ventures for growth

Cameco Corp., which plans to double annual uranium output from its existing operations by 2018, will consider acquiring mining assets and forming joint ventures with customers in Asia, chief executive officer Jerry Grandey said.

Comment?

Related Topix: Cameco, Specialty Materials, Nuclear Energy

Wed Nov 18, 2009

ComputerWorld

Aria Systems and NetSuite Partner to Deliver Usage-Based Billing on SuiteCloud Platform

NetSuite Inc. , a leading vendor of cloud computing business management software suites, and Aria Systems, Inc., a leading provider of on- demand billing and subscription management solutions, today announced a partnership that offers Aria's usage-based billing functionality as an integrated part of NetSuite's core billing engine.

Comment?

Related Topix: Startups, NetSuite, Inco, Metals, Cloud Computing, Science / Technology, Science, Computer Science, Software as a Service

SanLuisObispo.com

Royal Gold raises annual dividend 13 percent

Precious metals royalty company Royal Gold Inc. said Wednesday it raised its annual dividend by 13 percent to 36 cents per common share.

Comment?

Related Topix: Royal Gold

Domain-B

Tata looking for successor: reports

Ratan Naval Tata, 71 is considering retirement. The chairman of the legendary Tata Group, one India's largest conglomerates and most respected brands is looking for a successor to him.

Comment?

Related Topix: Tata Nano, Automakers, Tata Motors, Steel

The Globe and Mail

Gold bull market not yet manic

Forbes.com Gold bull market not yet manic Gold bars Bull markets begin with attractive fundamentals and then momentum slowly takes over until utter insanity prevails.

Comment?

Related Topix: Barrick Gold

Crain's Cleveland Business

Brush Engineered Materials buys New Mexico company for $23M

Brush Engineered Materials Inc. of Mayfield Heights said it has acquired Academy Corp.

Comment?

Related Topix: Specialty Materials, Brush Wellman, Albuquerque Metro, Albuquerque, NM

Weirton Daily Times

Esmark gets back into steel busines.....

About 15 months after selling Wheeling-Pittsburgh Steel Corp. and a string of steel service centers to Russia's OAO Severstal, Esmark Inc.

Comment?

Related Topix: Steel, Sewickley, PA

Tue Nov 17, 2009

Charleston Daily Mail

Massey Energy completes purchase of W.Va. reserves

Massey Energy says it has completed its purchase of 15 million tons of northern West Virginia coal reserves.

Comment?

Related Topix: Massey Energy, Barbour County, WV, Charleston, WV, Charleston Metro

Macon Area Online

Stocks rise on retail sales

Mon Nov 16, 2009 10:13am EST - A shopper walks down Fifth Avenue with a shopping bag in New York October 8, 2009.

Comment?

Related Topix: Financial Markets, FreeportMcMoRan Copper and Gold

Seattle Post-Intelligencer

AK Steel to hike prices on some stainless products

AK Steel Holding Corp. said Monday it will raise base prices for all 200-, 300- and 400-series flat-rolled stainless steel products by 6 percent to 9 percent starting Jan.

Comment?

Related Topix: Steel, AK Steel Holding

Earth Times

AXcess News: Kinross Gold Bids on Teryl Resources Gil Property

Terms of the deal were not disclosed, though Kinross' CEO Tye Burt had let slip during a mining conference in October that global supplies were dwindling and companies would need to find more sources.

Comment?

Related Topix: Kinross Gold, Anchorage Metro, Anchorage, AK

FOX59.com WXIN-TV Indianapolis

Ruby Tuesday inks international franchise agreements in Middle East, U.K.

Casual dining chain Ruby Tuesday Inc. said Monday it had inked new international franchise agreements in the Middle East and the U.K. for its namesake brand.

Comment?

Related Topix: Ruby Tuesday, Restaurant Management, Steel, Ryerson Tull

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