Mining News

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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

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.

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.

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

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

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

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

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.

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.

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.