Mining News

Cameco Corp. , the world's largest uranium producer, and Uranium One Inc. rose after China National Nuclear Corp.

ArcelorMittal, the world's largest steelmaker, will divert some of its planned spending from steelmaking to iron-ore mining in Africa to raise supplies of the raw material.

Yamana Gold Inc. , the company developing the Chapada mine in Brazil, said first-quarter output of the precious metal almost doubled after it purchased Meridian Gold Inc.

An energy shortage in Chile may do for copper what cuts in electricity supplies did for platinum in South Africa -- spark a record-setting rally in prices.

Bharat Coking Coal Ltd , a subsidiary of Coal India Ltd, will ask for a 40 percent hike in coking coal prices supplied to Steel Authority of India Ltd ...

The Mongolian parliament is expected to pass amendments to its mining law within weeks, giving the state greater control over its resources sector and clearing the way for a decision on Rio Tinto Plc's $3 ...

Dick Evans, chief executive officer of Rio Tinto Group's aluminum unit, says prices for the metal may rise to more than $4,000 a ton because of increasing power costs and higher production expenses in China.

Tensions continue at a high level at Grupo Mexico's largest copper mine in Cananea, in Mexico's Sonora state.

....This led to a strange February ruling by a federal judge, namely that the strike was legal after all but that union members who wanted to should be allowed to return to work. This ruling conflicts with normal Mexican labor law, under which scabs are not supposed to be let in when a legal strike is in progress.

It was reported in the JCN Network that :

Nippon Steel Corp. <5401> and JFE Steel Corp. have accepted mining giant BHP Billiton's request to triple the price of coking coal for fiscal 2008 that started on April 1, sources familiar with the situation said Wednesday.

Franco-Nevada Corp. , the mining and energy royalty company that went public in December, is seeking about $250 million in acquisitions as metals prices advance.

Metallica Resources Inc. is pleased to report that, as a result of the sale of 15,922 ounces of gold and 203,973 ounces of silver in the first quarter of 2008, record preliminary revenues of $18.4 million were ...

China is planning to buy a more than 9 percent stake in miner BHP Billiton Ltd in a bid to interfere in BHP's proposed acquisition of rival Rio Tinto Ltd, The Australian newspaper reported on Wednesday.

Rio Tinto Group's plans to build a $2.7 billion aluminum smelter in South Africa have been delayed as much as four years because of an inability to secure power supplies, said Dick Evans , chief executive ...

Kennecott Utah Copper put cash behind its commitment to an independent investigation into the safety of its mine-waste tailings.

Antofagasta Minerals, which has paid TEAL US$5 million for its 30%interest, has agreed to expenditure of US$4.5 million, of which US$2 million is committed expenditure, to acquire an additional 20% interest in ...

The price of all things steel, from refrigerators to cars to saucepans, is set to surge after an agreement was struck yesterday that will triple the price of coking coal, the fuel used to make the metal.

Steel Authority of India Ltd has strengthened security of its iron ore mining facilities in Chhattisgarh after Maoist guerrillas looted about 1.75 ...

China is reportedly trying to buy a stake in the world's largest miner, BHP Billiton, as it seeks to thwart a potential merger between BHP and Rio Tinto that could spell pain for the country's steelmakers.

Downer EDI Limited has announced that its Rail division, Downer EDI Rail, with its technology partner, Electro-Motive Diesel , has won major new orders to supply an additional 19 locomotives to BHP Billiton ...

Victory Nickel Inc. today announced the receipt of the Certificate of Exemption for its Lac Rocher property from the Quebec Ministry of Sustainable Development, Environment and Parks.