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Mining News

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

3 hrs ago | Castanet.net

Earnings news, miners support TSX, traders cautious amid worsening Ukraine crisis

The Toronto stock market was higher mid-afternoon Thursday amid positive earnings news and despite rising tensions between Russia and Ukraine.

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Related Topix: Potash Corporation of Saskatchewan, Chemicals

4 hrs ago | The Washington Post

Slim's Austria Pact Triggers $2 Billion Bid: Corporate Mexico

America Movil SAB is bidding as much as $1.96 billion to buy out Telekom Austria AG's minority investors, seeking to cement control of the European phone carrier after striking a shareholder pact with the government.

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Related Topix: Telekom Austria AG, Telecom, Steel, ThyssenKrupp AG, Carlos Slim Helu, World News, Mexico, Business News

4 hrs ago | Examiner.com

What the Troubled Gold Mining Industry Means for Gold Prices

Over the past week two major gold mining companies , Barrick Gold Corp. and Newmont Mining Corp., have been holding talks about a potential merger without any deal being made thus far.

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Related Topix: Barrick Gold, Newmont Mining Corporation of Canada, Beverages, CocaCola

4 hrs ago | Nanaimo Daily News

Barrick Gold makes renewed overture to Newmont: Globe and Mail reports

Barrick Gold Corp. has renewed its overtures to Newmont Mining Corp. to resume merger talks, the Globe and Mail reports.

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Related Topix: Barrick Gold, Newmont Mining Corporation of Canada

9 hrs ago | Washington Times

Manufacturing plant to expand in Manhattan

A manufacturing company is planning a $7 million capital investment in its Manhattan plant, which is expected to create 100 new jobs.

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Related Topix: Gibraltar Steel, Construction, Industrial Machines, Steel

13 hrs ago | The Chronicle Herald

PotashCorp has Q1 earnings of US$340 million

Potash Corporation of Saskatchewan Inc. says it had US$340 million of net income in the first quarter, down from the same time last year but better than the company had expected at the beginning of 2014.

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Related Topix: Potash Corporation of Saskatchewan, Chemicals

13 hrs ago | The Globe and Mail

Potash Corp. posts $340-million profit as pricing and demand improve

Potash Corporation of Saskatchewan Inc. says it had US$340-million of net income in the first quarter, down from the same time last year but better than the company had expected at the beginning of 2014.

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Related Topix: Potash Corporation of Saskatchewan, Chemicals, Inmet Mining

17 hrs ago | Washington Times

Pa. township approves permits for airport drilling

Supervisors in a western Pennsylvania township have approved permits for a company to drill for natural gas at Pittsburgh International Airport with almost two dozen conditions.

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Related Topix: Consol Energy, Allegheny County, PA

21 hrs ago | The News Tribune

Multinational group proposes $1.8 billion gas-conversion plant in Tacoma

The highlights of a proposal by Northwest Innovation Works, a Chinese-British partnership, for a natural gas-to-methanol plant on the former Kaiser Aluminum smelter site on the Tacoma Tideflats.

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Related Topix: Tacoma, WA, Metals, Kaiser Aluminum, Kalama, WA

Wed Apr 23, 2014

Great Falls Tribune

Union: Stillwater Mining lays off 31 workers

Union officials say Stillwater Mining Co. has laid off 31 workers. Sandi Luckey of the Montana AFL-CIO tells the Billings Gazette the workers laid off over the weekend were not members of United Steelworkers local 11-0001.

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Related Topix: Stillwater Mining, Montana

CBS Local

Bruce Springsteen Coming Back For Concert At Soldiers & Sailors Hall

The Boss, Bruce Springsteen, rocked CONSOL Energy Center and left fans wanting more.

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Related Topix: Consol Energy, Pop/Rock

The Motley Fool

Cliffs Natural Resources, Inc. Earnings: Is the Bottom Finally In?

Yet even as weakness in iron ore prices has held back Vale might finally mark the beginning of the end in the huge downturn that has brought Cliffs stock under so much pressure in recent years.

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Related Topix: Cleveland Cliffs, Metals

Brandon Sun

Goldcorp bid for Osisko Mining expires, gold miner withdraws board nominees

Goldcorp Inc. said Wednesday that its takeover offer for Osisko Mining Corp. did not meet its minimum conditions and it has allowed the bid to expire.

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Related Topix: Automakers, Oshkosh Truck, Goldcorp

Resource Investing News

India Removes Ban on Iron Ore Mining in Goa, Iron Prices Continue Decline

Iron ore prices have lost 16 percent so far this year, and that trend does not look ready to change anytime soon.

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Related Topix: Rio Tinto, Companhia Vale do Rio Doce, BHP Billiton

NewsOK.com

AK Steel takes bigger 1Q loss as costs rise

The company said Tuesday that the severe winter weather drove up its natural gas and electricity costs by $30 million compared to a year ago.

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Related Topix: Steel, AK Steel Holding, Ashland, KY

Tue Apr 22, 2014

The Washington Post

Arch Cuts Steelmaking Coal Output While Seeing Thermal Gains

Arch Coal Inc., a U.S. producer of the commodity, cut its 2014 metallurgical coal production forecast by about 1 million tons while saying that domestic demand for the flammable rock as an energy source is improving.

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Related Topix: Arch Coal, Science / Technology

Canada NewsWire

Newcrest Mining Limited - Managing Director and Chief Executive Officer's Transition Timing

"In particular, I am confident that Sandeep's focus on asset utilisation, cost reduction, increasing cashflow and simplicity of purpose will continue to accelerate the positive performance turnaround we have seen over the past four quarters," he said.

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Related Topix: Newcrest Mining

Newswise

Building Stronger Bridges

It all comes down to bridging a gap. The J. Lohr Structures Laboratory helps companies develop new materials and products-self-consolidating concrete columns and pre-stress concrete bridge girders-- that bridge a physical gap.

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Related Topix: South Dakota State University, Dakota State University, Engineering, Civil Engineering, Science, Norfolk, NE, Steel, Nucor

The Globe and Mail

Munk sees cost-saving potential in Barrick-Newmont merger

Barrick Gold Corp.'s founder and chairman Peter Munk cited the benefits of merging with rival Newmont Mining Corp., saying the world's largest gold producers would be able to cut costs amid the slump in the gold industry.

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Related Topix: Newmont Mining Corporation of Canada, Barrick Gold

Daily Kos

Students Sit-In, Rally to Get Washington University to Cut Ties With Peabody Coal

If you're looking for clean energy inspiration, we've had lots of it this past week, courtesy of a phenomenal group of Washington University students who are holding a sit-in until the school cuts ties with Peabody Energy, the world's largest coal company.

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Related Topix: Alternative Energy, Renewable Energy (Green Energy), Energy, Peabody Energy, Illinois, US News, Liberal Political News

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