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Gem Diamonds records a profit
A cost-cutting strategy to combat the effects of the global financial crisis has guided Gem Diamond Ltd to a profit for the year to end-December.
Vale looks to contractors
Vale will continue with plans to increase nickel production at its strike-bound Canadian operations by hiring outside workers, the company announced.
London Stockpile: Pricing disputes impact market
News surrounding commodity prices has been prominent in recent weeks, and has boosted some companies' position on the London market. The Mining Journal editorial team takes a look at the past week’s proceedings.
Fortescue expands Solomon production target
West Australian iron-ore producer Fortescue Metals Group has upped the production target for its third mine and planted a US$8.9 billion price on the next stages of its expansion.Firestone secures another toll treatment deal with De Beers
Firestone Diamonds, the junior diamond development company, has been selected for another De Beers toll treatment project, this time at the Namdeb assets on Namibia’s coast.Batista jumps up rich list
Brazilian Eike Batista, controlling shareholder of iron-ore producer MMX Mineraçao & Metalicos SA, is the biggest gainer in this year’s rich-list from Forbes. We list some of the other miners in the ranking.London prepares for wave of IPOs
Market activity in London will receive a boost in coming weeks as the local bourse prepares for its first sizeable new mining entrants, coupled with the first significant initial public offerings (IPOs) since the middle of 2008.Metals Economics Group’s World Exploration Trends report
The Mining Journal website this week includes a summary of miners that feature in Forbes Rich List, and an eight-page summary of Metals Economics Group’s latest World Exploration Trends report.
Cape Lambert to sell Lady Annie
ASX-listed Cape Lambert Resources Ltd will sell its Lady Annie project in Queensland to an unknown Asian buyer, abandoning the proposed listing it had planned for spin-off Q Copper, MiningNews.net reported.
Hargreaves and UK Coal in talks
Hargreaves Services plc has confirmed that it is exploring a potential merger of its deep coal mines with UK Coal plc. The statement follows the latter company's revelation on Tuesday that it is in takeover discussions
De Beers reduces African Diamonds stake
African Diamonds accuses the diamond giant of breaching FSA rules by not revealing sale.
PDAC 2010: Know no limits
Everything in Canada is big, compared with the UK that is. The buildings, roads and cars all seem on a different scale, and the PDAC it seems, does not want to be the exception to the rule.PDAC 2010: sending a message
With the sun still shining, the 2010 PDAC convention finally got into its stride in its second dayCompanies featured in the 05-03-10 Issue of Mining Journal
All companies featured in the latest issue of the Mining Journal are listed below for your convenience. Companies are shown alongside a link to their Company News Portal as well as links to all articles in the latest issue related to them.PDAC 2010: Prospectors - a dying breed?
The first day of the 2010 PDAC convention got off to something of a slow start, despite (or perhaps because of) the continuing good weather.RESOURCE NEWS
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