Cecilia Jamasmie , Senior Editor

China’s Minmetals offer to buy Anvil Mining shares extended to mid February

China’s Minmetals Resources Ltd has, once again, extended its $1.3 billion takeover offer for Africa-focused copper miner Anvil Mining Ltd (TSX:AVM) to Feb. 16. This is the third time that Minmetals offer has been extended since the deal got the go ahead by the Australian Foreign Investment Review Board, last October.

Cecilia Jamasmie | January 9, 2012 | 2:29 pm

Philippines shutting down hundreds of mines due to major landslide

The Philippine government on Friday ordered the shutdown of 500 small mines threatened by landslides in a southern town where a chunk of a mountain tumbled down on sleeping residents and killed at least 27 people.

Cecilia Jamasmie | January 6, 2012 | 2:39 pm

Newmont trying hard to divert protestors’ attention in Peru by stressing Conga copper-gold mine community benefits

As protests against the $4.8 billion Conga project in Peru resumed this week, Newmont Mining Corporation (NYSE: NEM) has put together a strategic document outlining its community investment projects related to the gold-copper project.

Cecilia Jamasmie | January 6, 2012 | 1:33 pm

Potash producer Mosaic reports better than expected results

Fertilizer producer Mosaic Co. (NYSE:MOS) stocks were up US$2.50 this morning, after the company reported higher-than-expected quarterly profit as better prices helped offset a plunge in phosphate sales and flat potash volumes.

Cecilia Jamasmie | January 5, 2012 | 3:35 pm

Canada’s asbestos industry on its way out

LAB Chrysotile Inc., one of the two remaining Quebec’s asbestos miners, has filed for bankruptcy because of high fixed costs and sharply declining revenues.

Cecilia Jamasmie | January 5, 2012 | 2:43 pm

Union drops strike at First Quantum mine in Zambia

Workers at First Quantum Minerals' Zambian copper/gold mine resumed work this morning after the country’s minister of labour intervened to end the two-day wage strike.

Cecilia Jamasmie | January 5, 2012 | 12:52 pm

Canada’s Inmet Mining can go ahead with its Cobre Panama copper project

Canada's Inmet Mining (TSX:IMN) reached a milestone after the government of Panama approved the environmental and social impact assessment (ESIA) for its Cobre Panama copper project.

Cecilia Jamasmie | January 4, 2012 | 2:51 pm

Deaths on Christmas Eve caused Arc Exploration Limited to have license exploration in Indonesia suspended

Arc Exploration Limited (ASX:ARX), an Australian gold mining exploration company with presence in Indonesia, has had its gold permit for the Bima gold prospect temporarily suspended due to the controversial dead of two protesters on Christmas Eve, in the area covered by Arc’s exploration license.

Cecilia Jamasmie | January 4, 2012 | 1:59 pm

Illegal mining keeps taking lives in Colombia

Three men were killed Monday while working in an illegal mine in the northwestern Colombian province of Antioquia, according to a statement from the government's Ingeominas mining oversight institute.

Cecilia Jamasmie | January 3, 2012 | 4:46 pm

Silver producer First Majestic names Douglas Penrose as chairman

First Majestic Silver Corp. announced that Douglas Penrose has been appointed as Chairman of the Board effective January 1, 2012. In addition to his new role, Mr. Penrose will continue to serve as the Chairman of the Audit Committee.

Cecilia Jamasmie | January 3, 2012 | 3:17 pm

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