International Business News - Mining http://www.ibtimes.com/rss/feed/mining.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/mining.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif Canada's Agrium Inc sweetened its hostile bid for U.S. rival CF Industries to $4.52 billion, the latest twist in a three-way takeover battle, but the offer failed to impress CF's investors and the company's shares fell 8.4 percent. http://www.ibtimes.com/articles/20091105/agrium-raises-bid-cf-investors-not-impressed.htm http://www.ibtimes.com/data/articleimgs/223527-agrium-raises-bid-for-cf-investors-not-impressed.jpg http://www.ibtimes.com/articles/20091105/agrium-raises-bid-cf-investors-not-impressed.htm http://www.ibtimes.com/articles/20091105/agrium-raises-bid-cf-investors-not-impressed.htm Thu, 05 Nov 2009 10:27:31 EST China's No. 2 nickel producer Jilin Jien's ambition to expand its Canadian footprint, is facing its biggest hurdle as investors look set to reject its final bid for early-stage miner Canadian Royalties. http://www.ibtimes.com/articles/20091031/canadian-royalties-deal-seen-unlikely-chinas-jilin.htm http://www.ibtimes.com/articles/20091031/canadian-royalties-deal-seen-unlikely-chinas-jilin.htm Sat, 31 Oct 2009 08:48:23 EDT Industrial Minerals Canada, a junior graphite company, said on Wednesday it aims to list on the Toronto Venture Exchange via the takeover of capital pool company Rattlesnake Ventures, and rename itself Northern Graphite Corp. http://www.ibtimes.com/articles/20091028/canadian-graphite-junior-list-as-prices-rise.htm http://www.ibtimes.com/articles/20091028/canadian-graphite-junior-list-as-prices-rise.htm Wed, 28 Oct 2009 12:57:23 EDT U.S. steelmakers reported better-than-expected third-quarter results on Tuesday but they restated their gloomy short-term views for the industry and the economy and their shares fell. http://www.ibtimes.com/articles/20091027/wrapupusteelmakers-beat-estimates-but-outlook-gloomy.htm http://www.ibtimes.com/articles/20091027/wrapupusteelmakers-beat-estimates-but-outlook-gloomy.htm Tue, 27 Oct 2009 11:20:30 EDT Swedish miner and smelter Boliden beat forecasts for third-quarter operating profit as Chinese demand buoyed the market for metals and said its Aitik copper mine expansion was on schedule. http://www.ibtimes.com/articles/20091026/boliden-beats-q3-forecast-mine-expansion-on-track.htm http://www.ibtimes.com/articles/20091026/boliden-beats-q3-forecast-mine-expansion-on-track.htm Mon, 26 Oct 2009 10:47:15 EDT Anglo American, pressured by investors after an abortive merger bid from rival Xstrata, could offload its zinc operations first in a fresh divestment drive that could raise $6 billion. http://www.ibtimes.com/articles/20091026/anglo-may-unload-zinc-first-inbillion-auction.htm http://www.ibtimes.com/data/articleimgs/222986-anglo-may-unload-zinc-first-inbillion-auction.jpg http://www.ibtimes.com/articles/20091026/anglo-may-unload-zinc-first-inbillion-auction.htm http://www.ibtimes.com/articles/20091026/anglo-may-unload-zinc-first-inbillion-auction.htm Mon, 26 Oct 2009 10:32:16 EDT Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzorig, deputy director of Erdenes MGL, the Mongolian government company that will hold at least 51 percent of the equity. http://www.ibtimes.com/articles/20091023/mongolia-listspotential-bidders-coal-project.htm http://www.ibtimes.com/articles/20091023/mongolia-listspotential-bidders-coal-project.htm Fri, 23 Oct 2009 11:16:42 EDT Why are some junior stocks the fancy of investors? What do they have to account for their bull run? There have been no monster gold finds in recent years, so how can these juniors show off their mettle? http://www.ibtimes.com/articles/20091022/gold-juniors-what-do-they-have-going-for-them.htm http://www.ibtimes.com/articles/20091022/gold-juniors-what-do-they-have-going-for-them.htm Thu, 22 Oct 2009 13:23:18 EDT Chinese state-owned metals trader China Minmetals Corp is looking to buy gold mines in Australia and Canada, a senior executive said on Thursday. http://www.ibtimes.com/articles/20091022/china-minmetals-eyes-gold-mines-australia-canada.htm http://www.ibtimes.com/articles/20091022/china-minmetals-eyes-gold-mines-australia-canada.htm Thu, 22 Oct 2009 03:39:47 EDT Global miner BHP Billiton acknowledged on Thursday that it and other iron ore producers had at times upset their major customer China and said that Beijing realised it had "to play with the big boys". http://www.ibtimes.com/articles/20091022/bhp-chairman-tells-china-game-on.htm http://www.ibtimes.com/data/articleimgs/222791-bhp-chairman-tells-china-game-on.jpg http://www.ibtimes.com/articles/20091022/bhp-chairman-tells-china-game-on.htm http://www.ibtimes.com/articles/20091022/bhp-chairman-tells-china-game-on.htm Thu, 22 Oct 2009 03:37:47 EDT Dollar fell to a 14 month low as compared to Gold that rose closer to last week's record highs above $1070 an ounce on Tuesday. Dollar fell against a basket of six major currencies. This has helped bullion as an alternative currency. http://www.ibtimes.com/articles/20091021/gold-rises-and-dollar-hits-low-in-14-months.htm http://www.ibtimes.com/articles/20091021/gold-rises-and-dollar-hits-low-in-14-months.htm Wed, 21 Oct 2009 13:07:20 EDT Miner Xstrata Plc has given up its pursuit of rival Anglo American, it announced on Thursday, leaving Anglo to push ahead with its own restructuring plan and raising questions about whether Xstrata will revisit former target Lonmin. http://www.ibtimes.com/articles/20091015/xstrata-gives-on-anglo-bid.htm http://www.ibtimes.com/articles/20091015/xstrata-gives-on-anglo-bid.htm Thu, 15 Oct 2009 10:23:28 EDT Don't push it. Gold just does not have enough power to sally forth. Short-term, return-chasing investing is what is driving this gold rush. With former bulls turning bears, and central banks showing less of an eagerness to own it, what are the plausible reasons for investors to hold on? http://www.ibtimes.com/articles/20091015/can-gold-sustain-the-bull-run.htm http://www.ibtimes.com/articles/20091015/can-gold-sustain-the-bull-run.htm Thu, 15 Oct 2009 06:42:29 EDT Investors appear to be lapping up gold stocks like there is no tomorrow. Why the frenzy? Is it a mere bubble? What is behind the volatile rise in gold price? http://www.ibtimes.com/articles/20091013/gold-too-hot.htm http://www.ibtimes.com/articles/20091013/gold-too-hot.htm Tue, 13 Oct 2009 04:28:52 EDT Mining group Xstrata Plc agreed to sell its 70 percent interest in the El Morro copper-gold project in Chile for $465 million to Canada's Barrick Gold Corp, Xstrata said on Monday. http://www.ibtimes.com/articles/20091012/xstrata-sells-el-morro-barrick-465-million.htm http://www.ibtimes.com/data/articleimgs/222202-xstrata-sells-el-morro-to-barrick-for-465-million.jpg http://www.ibtimes.com/articles/20091012/xstrata-sells-el-morro-barrick-465-million.htm http://www.ibtimes.com/articles/20091012/xstrata-sells-el-morro-barrick-465-million.htm Mon, 12 Oct 2009 09:53:05 EDT Mining group Xstrata has told a top-10 shareholder that it would likely abandon its pursuit of rival Anglo American, the investor said on Monday. http://www.ibtimes.com/articles/20091012/xstrata-likely-walk-away-from-anglo-top-investor.htm http://www.ibtimes.com/data/articleimgs/222201-xstrata-likely-to-walk-away-from-anglo-top-investor.jpg http://www.ibtimes.com/articles/20091012/xstrata-likely-walk-away-from-anglo-top-investor.htm http://www.ibtimes.com/articles/20091012/xstrata-likely-walk-away-from-anglo-top-investor.htm Mon, 12 Oct 2009 09:51:20 EDT The early contract deal BHP Billiton offered its employees at Chile's Escondida copper mine, the world's biggest, meets workers needs, the head of the union, Zeiso Mercado, told Reuters on Friday. http://www.ibtimes.com/articles/20091009/bhp-deal-meets-escondida-mine-workers-needs-union.htm http://www.ibtimes.com/data/articleimgs/222131-bhp-deal-meets-escondida-mine-workers-needs-union.jpg http://www.ibtimes.com/articles/20091009/bhp-deal-meets-escondida-mine-workers-needs-union.htm http://www.ibtimes.com/articles/20091009/bhp-deal-meets-escondida-mine-workers-needs-union.htm Fri, 09 Oct 2009 14:24:06 EDT Is the recent spike in gold price a speculative bubble, or is the US dollar intending to hitch a northward ride on the back of the gold bull, as was predicted at the start of the year? http://www.ibtimes.com/articles/20091008/dollar-woes-gold-highs.htm http://www.ibtimes.com/articles/20091008/dollar-woes-gold-highs.htm Thu, 08 Oct 2009 09:53:56 EDT Vale, the world's largest iron-ore producer, is considering joining a group of companies including France's GDF Suez in a bid for a hydroelectric power dam project in Brazil, Valor Economico newspaper reported on Tuesday without saying how it got the information. http://www.ibtimes.com/articles/20091006/vale-might-bid-on-brazils-belo-monte-dam-report.htm http://www.ibtimes.com/data/articleimgs/221867-vale-might-bid-on-brazils-belo-monte-dam-report.jpg http://www.ibtimes.com/articles/20091006/vale-might-bid-on-brazils-belo-monte-dam-report.htm http://www.ibtimes.com/articles/20091006/vale-might-bid-on-brazils-belo-monte-dam-report.htm Tue, 06 Oct 2009 10:44:43 EDT Chinese steel and iron ore group Baosteel has proposed to pay 1 billion pounds ($1.6 billion) for a 30 percent stake in Anglo American's huge Minas Rio iron ore mine in Brazil, according to a report on Sunday. http://www.ibtimes.com/articles/20091005/chinas-baosteel-seeks-stake-anglo-mine-report.htm http://www.ibtimes.com/data/articleimgs/221750-chinas-baosteel-seeks-stake-in-anglo-mine-report.jpg http://www.ibtimes.com/articles/20091005/chinas-baosteel-seeks-stake-anglo-mine-report.htm http://www.ibtimes.com/articles/20091005/chinas-baosteel-seeks-stake-anglo-mine-report.htm Mon, 05 Oct 2009 03:52:47 EDT