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  • Mining Boom Sees Australian Trade Surplus Reach Highs
    News - 6 Jul 2011
    The Australian mining boom has carried the country’s trade surplus to a seven month high of $ 2.33 billion. As per the Bureau of Statistics this is the revised trade surplus from the $ 1.62...
  • South African Miners Want 14% Pay Rise
    News - 14 Jun 2011
    South Africa’s National Union of Mineworkers is to ask the Chamber of Mines for a 14% wage hike as official talks began between between the two parties this week. This is part of the 2011 wage...
  • UBS Names New Boss for Metals and Mining in Asia Pacific
    News - 8 May 2011
    Campbell Stewart has been named the head of Metals and Mining for UBS for the Asia Pacific region for investment banking. Mr Stewart is currently the head of investment banking for UBS in Melbourne...
  • Brazil's CSN Reports Profit Rise of 38%
    News - 5 May 2011
    State run Brazilian steel maker CSN has announced first quarter profits as Net Income rose by 617.5 million Brazilian reais, a bit short of estimates of 677 million reais profits as expected by...
  • Extract Resources Seeks Clarification from Namibia
    News - 1 May 2011
    Extract Resources is a uranium explorer hoping to conduct business in Namibia. The company has said that it will be seeking clarification from the Namibian government on comments that were made by it...
  • Cliffs Natural Resources Aims to Raise $1 Billion
    News - 20 Mar 2011
    Cliffs Natural Resources Inc is hoping to raise $1 billion by selling senior notes. Bonds that carry a coupon rate of 4.8% that will mature in April 2021 will be issued for $700 million worth of...
  • Tata Steel and New Millenium to Develop Tasconite Iron Ore Project
    News - 8 Mar 2011
    New Millennium Capital Corp. of Canada and Tata Steel Ltd. of India have decided to develop the large scale iron ore reserves in Labrador and Quebec. This is the latest bid by a global steel making...
  • Iron Ore Boosts Gina Rinehart's Fortune
    News - 12 Jan 2011
    Gina Rinehart may project herself as a ‘media mogul’ but it is on Hancock Prospecting that her fortune is based. New figures about her flagship company in the mining empire show that the...
  • Kalimantan Gold Receives Commitments for 16,125,000 Common Shares from Investors
    News - 23 Dec 2010
    Kalimantan Gold Corporation Limited (TSX VENTURE:KLG)(AIM:KLG) confirms that it has received commitments from investors for 16,125,000 common shares at a price of C$0.08 or £0.05 per share to...
  • Sidon International Starts Tanzania Drill Program
    News - 8 Dec 2010
    Canadian company Sidon International Resources Corp has begun drilling for gold at its Tanzanian mine. The Morogoro East Gold property is located in east central Tanzania. With the commencment of...

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