MINING.COM

Top analysts see copper rising even as China slows

The third consecutive annual copper shortage and accelerating U.S. growth will drive prices to the highest in a year in the next quarter, according to the most accurate forecasters.

Bloomberg News | April 12, 2012 | 2:59 pm

Rare earth supplies in U.S. to meet defense needs, Pentagon says

Domestic rare earth supplies will meet the U.S. defense industry’s needs by 2013 for the materials that go into military motors and electronics, according to a Pentagon report sent to Congress.

Bloomberg News | April 5, 2012 | 9:55 pm

China beats US with power from coal processing trapping carbon

By 2025, with 250 million more Chinese projected to be living in cities, China’s share of global carbon pollution will jump to 30.3 percent from 26.8 percent this year, the EIA says.

Bloomberg News | March 31, 2012 | 11:01 pm

$10.2M settlement reached in NM coal waste lawsuit

A two-year legal battle over the disposal of millions of tons of coal combustion waste in northwestern New Mexico is on the verge of being settled with a $10.2 million agreement announced Wednesday by the Sierra Club, a BHP Billiton mining company and the state's largest electric utility.

Bloomberg News | March 30, 2012 | 10:30 pm

Vale shuts railroad from world’s biggest iron ore mine

Vale SA (VALE3), Brazil’s biggest exporter, has shut a railroad that transports production from the world’s largest iron ore mine after a construction accident.

Bloomberg News | March 18, 2012 | 10:04 pm

Lukoil Said to Spend $1 Billion to Open Diamond Mine Next Year

OAO Lukoil (LKOH), Russia’s largest non- state oil producer, plans to start a diamond mining project next year after investing about $1 billion in a possible challenge to OAO Alrosa (ALRS)’s monopoly, said two people familiar with the matter.

Bloomberg News | March 16, 2012 | 5:27 am

Vale, Newmont Retain Appetite for Indonesia Mines Amid Stake Cut

Global companies led by Vale SA (VALE5) and Newmont Mining Corp. (NEM) plan to invest in Indonesia’s mines, undeterred by a new rule cutting foreign ownership, as they hunt for resources in the world’s biggest exporter of tin and thermal coal.

Bloomberg News | March 15, 2012 | 11:30 am

Uralkali cutting Potash output 40%

OAO Uralkali, the world’s biggest potash producer by output, is cutting first-quarter production by about 40% from a year earlier after China and India postponed purchases and may further reduce a 2012 target.

Bloomberg News | March 14, 2012 | 12:22 am

Elemental to Raise $1.7 Billion Next Year to Mine Potash

Elemental Minerals Ltd. (ELM), owner of a potash project in the Republic of Congo, plans to raise about $1.7 billion next year to develop production by 2015, Chief Executive Officer Iain Macpherson said.

Bloomberg News | February 20, 2012 | 8:01 pm

Making Sure That Valentine Diamond Isn’t Tainted by Blood: View

It being the feast of Saint Valentine, today is a favored moment to give or receive that ultimate lovers’ gift: a diamond. This year, however, isn’t a good one for those who want to know for sure that the stone’s origins are above reproach.

Bloomberg News | February 16, 2012 | 9:57 pm

Chile Drought Threatens Power at Mines as Reservoirs Dwindle

Chile’s two-year drought has reduced water levels at reservoirs that supply power dams to 40 percent of capacity, threatening electricity generation for the country’s copper mines.

Bloomberg News | February 15, 2012 | 7:51 pm

Zinc Glut Expanding to Almost Two-Decade High Threatens Rally

The largest glut of zinc in almost two decades is threatening to curtail a rally in prices as record production expands inventories to the highest since at least 1984.

Bloomberg News | February 14, 2012 | 7:14 am

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