Thawing Diplomatic Relations Rekindle Prospects of US Investment in Cuba’s Mining and Petroleum Sectors

Re-establishing diplomatic relations between Cuba and the US after 54 years has rekindled fresh hopes that Cuba’s mining and petroleum industries will benefit from potential US investment in these sectors.

Friday, August 14, 2015

Vale Announces to Begin Nickel Mine Project in Canada Voisey's Bay in Next Year

Recently, the Government of Newfoundland and Labrador approved Vale’s nickel mine project located at Voisey's Bay in Canada, and the project will be officially launched next year.

Friday, August 14, 2015

CRA Targeting Mining-Sector Tax Havens

Canadian corporations that use tax havens like Switzerland and the Cayman Islands to reduce the taxes they pay at home have good reason to worry.

Thursday, August 13, 2015

Nickel, Copper, Aluminum Hit Six-year Lows on Weaker Yuan

Nickel, copper and aluminum hit six-year lows on Wednesday after China allowed the yuan to weaken further, prompting fears that metals demand from the world’s top buyer would wither and sending nickel down 15 per cent before prices recovered.

Thursday, August 13, 2015

Glencore Leads Mining Slump

Glencore Plc led a global slump in mining shares on concern China’s decision to devalue the yuan will sap demand for commodities.

Wednesday, August 12, 2015

New Nickel Copper Discovery at Double Magic Ni-Cu Project

Buxton Resources Limited (ASX: BUX & BUXO) advises that it has discovered significant nickel and copper sulphide mineralization in its first reverse circulation (RC) drilling program at its 100% owned Double Magic Nickel-Copper (Ni-Cu) Project in Western Austr...

Wednesday, August 12, 2015

First Quantum to Cut about 1,480 Zambia Jobs on Power Shortages

First Quantum Minerals will cut about 1,480 construction jobs at copper and nickel mines in Zambia as part of cost-reduction plans needed after the nation’s electricity utility reduced supply.

Tuesday, August 11, 2015

NICKEL-IRON: First Point, Cliffs Rejig Decar Project Deal

First Point Minerals Corp. of Vancouver and Cliffs Natural Resources of Cleveland, OH, have amended their agreement covering the Decar nickel-iron project 80 km north of Fort St James. It is now a contractual joint venture with 60% belonging to Cliffs and 40% ...

Tuesday, August 11, 2015
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