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Mining News

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

1 hr ago | Hispanic Business

The Black Keys work fans into fever at Consol

After a colloquial greeting of "Hello Pittsburgh, how yinz doing?" from front man started off the set with a merciless pounding of his drum kit on the opener "Dead and Gone," from their 2011 album "El Camino" and was relentless in his assault on the skins throughout the show. Followed by "Next Girl," the signature gritty guitar work of kicked into high gear and ripped through "Run Right Back," "Same Old Thing" and "Gold on the Ceiling" with a ferocity that seems like the louder it's played, the better it sounds.

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Related Topix: The Black Keys, Blues, Consol Energy, Pop/Rock

5 hrs ago | International Business Times

Iron Age For Australia Ends As Price Of Key Steelmaking Ingredient Dips Below $83/Tonne

's top export commodity. Price of the key steelmaking-ingredient has been on a downhill trend since Dec 4, 2013 as the benchmark price of iron ore tumbled down 41 per cent.

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

8 hrs ago | Marine News

Deal to End Lockout at Canada Uranium Mine

Canadian uranium producer Cameco Corp and the United Steelworkers union, which represents 535 workers at the world's largest uranium mine and a nearby mill, have agreed to a tentative deal ending a nearly two-week lockout, both sides said on Friday. Shortly after the lockout began, the union said outstanding issues included pensions, benefits and compensation for working in a remote region.

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Related Topix: Specialty Materials, Cameco

12 hrs ago | Seeking Alpha

Insider Buys And Sells: American Assets Trust, Michael Kors

Welcome to edition 221 of Insider Weekends. Insider buying increased last week with insiders buying $35.47 million of stock compared to $22.81 million in the week prior.

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Related Topix: Apparel, Michael Kors, REIT, Personal Finance, Financial Markets, Southern Peru Copper Corporation

16 hrs ago | Seeking Alpha

Claude Resources Drills 26.77 Gpt. Over 8.7 Meters At The...

This could lead to an increase in the company's resource at the Santoy Gap zone and might lead to additional production. Claude Resources just announced that it has drilled a 26.77 gpt.

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Related Topix: Claude Resources

20 hrs ago | Inside Bay Area

Drummond: Oakland garbage wars heat up

A man outside the Oakland Grand Lake Farmer's Market had a poster in big letters telling people to sign a petition for a "citizens referendum" to stop garbage rates from going up. A few days later, there was another man outside Trader Joe's on Lakeshore Avenue telling the same story with a twist.

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Related Topix: Oakland, CA, Wallbridge Mining Company, Metals

Sat Sep 13, 2014

GuruFocus.com

Weekly 3-Year Low Highlights: TLM, KBR, QSII, ACI

According to GuruFocus list of 3-year lows , Talisman Energy Inc, KBR Inc, Quality Systems Inc, and Arch Coal Inc. have all reached their 3-year lows. The prices of Talisman Energy Inc shares have declined to $9.69, which is 38.5% off the 3-year high of $15.39.

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Related Topix: Quality Systems, Software, Arch Coal, Talisman Energy, Energy, Oil & Gas, Financial Markets

Erie Times News

Massive trailer made by Albion company heading to Peru copper mine

It's the largest trailer they've made since World War II, when they designed and built a special one used in the Manhattan Project. Then the massive trailer will be transported in pieces in six commercial trucks from Rogers Brothers Corp. in Albion to Houston, before being shipped to Peru and used early next year hauling portable drilling rigs through the huge hole in the Earth that is the Toquepala copper mine.

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Related Topix: Albion, PA, Southern Peru Copper Corporation, Erie County, PA, Erie, PA

Seeking Alpha

Premier Gold Finalizes The Acquisition Of The Cove McCoy Property

Premier Gold has released an update wherein it confirms the definitive acquisition of the Cove McCoy property in Nevada from Newmont Mining . Premier Gold had to pay $21M for the land package of which $15M was payable at the closing of the deal, a $4M bond was replaced and another $6M payment will have to be made in the next 18 months.

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Related Topix: Newmont Mining Corporation of Canada

Seeking Alpha

AngloGold Ashanti: The Restructuring Plan Could Fail

In a year, AngloGold Ashanti made decent improvements. Its production rose more than 17% in the second quarter of 2014 compared to the second quarter of 2013, while its all-in sustaining costs dropped from $1302 per ounce to $1060 per ounce.

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Related Topix: Startups, Autonomy, AngloGold, Barrick Gold

AmericanBankingNews.com

Antofagasta plc Stock Rating Reaffirmed by Credit Suisse

Shares of Antofagasta plc traded down 0.70% during mid-day trading on Friday, hitting $24.80. The stock had a trading volume of 5,562 shares.

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Related Topix: Antofagasta

NorthlandsNewscenter.com

Minntac expansion good news for Iron Range steel workers

United States Steel has been working for years to try to obtain the proper permits from the federal government to expand its operations at Minntac. "I was very fearful that we were not going to get the permits because of all the opposition that we had been up against for the last couple of years trying to get this permit," said President of Local Union 1938, Jon Malek.

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Related Topix: Steel, United States Steel, Environmental Law, Law

Fri Sep 12, 2014

AmericanBankingNews.com

BHP Billiton plc Rating Reiterated by JPMorgan Chase & Co.

's stock had its "neutral" rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Friday.

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Related Topix: BHP Billiton, Banking, JP Morgan Chase

The Age

Boom over: The end of the iron ore age

Not so long ago, Australia was engaged in a bitter dispute over whether the financial benefits of the mining boom were filtering down to the rest of the economy. As a controversial new tax was imposed on the profits of iron ore and coal producers, the sharing of the benefits of the boom became one of the most contested arguments in Australian life.

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Related Topix: Rio Tinto, Australia, World News, BHP Billiton

CBC News

Cameco reaches tentative deal with locked out workers

An aerial view of the Key Lake Cameco mine in northern Saskatchewan June 28, 2007. You could say Cameco Corp. is sitting on a veritable gold mine these days, but such a compliment would actually undersell the value of the high-grade uranium buried in its flagship McArthur River mine in northern Saskatchewan.

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Related Topix: Cameco, Specialty Materials

AmericanBankingNews.com

RBC Capital Boosts Southern Copper Corp Price Target to $46.00

RBC Capital's target price points to a potential upside of 43.84% from the company's current price. Southern Copper Corp traded up 0.56% during mid-day trading on Friday, hitting $32.16.

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Related Topix: Southern Peru Copper Corporation, Stanley

Iol.co.za

Paulson clogs AngloGold bid to be debt free

Following the biggest one-day bond rally in seven months, sparked by the gold producer's announcement two days ago that it will raise $2.1 billion in stock and spin off its non-South African assets, the hedge fund manager said he opposes the plan because it will destroy shareholder value. That didn't stop yields on AngloGold's April 2020 dollar bond from falling to the lowest since July 28 yesterday.

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Related Topix: AngloGold, Financial Markets, World News, South Africa,

Resource Investing News

Going Against the Fear Curve: Dan Chu on the Coal Market

Investors in search of a coal industry expert could certainly do worse than Dan Chu. He's t he managing director of mergers and acquisitions at Deutsche Bank in New York, and has spent the last 25 years of his life facilitating major transactions, mostly within the coal space.

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Related Topix: Banking, Deutsche Bank AG, Financial Services, BlackRock, Investment Services, Companhia Vale do Rio Doce, Cleveland Cliffs, Metals, Consol Energy

Thu Sep 11, 2014

O-R Online

Waynesburg Elementary students receive surprise gift

Students displaying some of the backpacks, from left, are Emerson Wilson, fifth grade; first graders Alex Wilson, Kyson Farrall, Aubrey Tyler, Lindsey Howells and Nevaeh Mullins; and Bryn Lahew, second grade.

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Related Topix: Education Etc., Consol Energy, Waynesburg, PA, Greene County, PA, Washington County, PA

The Globe and Mail

B.C. coal mine suspends activity amid low prices

Anglo American PLC says low coal prices have forced it to make plans to temporarily halt production at its Trend mine in northeastern British Columbia. "This is a pause and not a withdraw from our long-term vision in British Columbia," Anglo American spokesman Federico Velasquez said in an interview Thursday from Tumbler Ridge, B.C. More than 360 workers will be affected by the company's plans to suspend coal output in late 2014 at the Trend operation near Tumbler Ridge.

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Related Topix: Anglo American

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