Major investments in Latin America by some of the world's biggest miners have provided a number of mining services companies with the opportunity to get a toehold in the region.
Peter Johnston has resigned from his role as a non-executive director of Emeco Holdings, following his appointment as head of global nickel assets for Glencore International, following its merger w
Follow the man, follow the money. For hard-hit followers of resource stocks in Western Australia that's where they will find nuggets of good news, as smart people with spare cash refocus on a mining sector that's showing early signs of a sustained recovery.
Northern Star Resources' Bill Beament is this year's 40under40 First Amongst Equals, heading off strong competition from the three other finalists -Julie Shuttleworth, Steve Gostlow, and Phil Britten.
If any further evidence were needed that the commodities boom is over, management changes at some of the world's biggest resources companies seals the deal.
A Chinese consortium trying to win support for a deal with iron ore developer Sphere Minerals claims that a majority of Sphere shareholders will reject an alternative takeover proposal from Xstrata.
Sphere Minerals has reiterated its support for Xstrata's $3.00 per share takeover offer, after disclosing that Chinese group Sin-Tang Development is believed to be pursuing an alternative $130 million capital raising pitched at $3.25 per share.
A Chinese consortium led by Sin-Tang Development has foreshadowed a fully underwritten capital raising for iron ore developer Sphere Minerals as an alternative to Xstrata's $514 million takeover offer, which was increased today.
Agricultural investment group AACL will no longer require financial support from CBH Grain after securing an important funding and marketing deal worth almost $30 million with Glencore Grain for the 2010-11 season.
Swiss-based mining giant Xstrata has scrapped its plans to merge with rival group Anglo American, saying it had "no intention" of making a hostile offer and will seek growth elsewhere.
Around 160 employees at Xstrata's Sinclair nickel operation in Western Australia are facing an uncertain future as the miner defers underground development due to current market conditions.
Swiss trading giant Glencore International will increase its stake in Minara Resources to over 70 per cent after subscribing to a shortfall of shares in the Perth firm's $210 million capital raising.
Global miner Xstrata has boosted its interest in West Perth-based Pioneer Nickel and has agreed to provide over $1 million to the company to explore the Acra project in Western Australia.
Xstrata, the world's biggest exporter of power-station coal, has today annouced the termination of its talks on a potential merger with Brazilian steelmaker Cia.Vale do Rio Doce.
Deep Yellow Ltd has struck a deal with Xstrata Group subsidiary, Mount Isa Mines Ltd, whereby Deep Yellow can ultimately acquire 100 per cent of the uranium rights to six Xstrata-held tenements.
Xstrata Nickel Australia Pty Ltd has been forced to extend its $3.1 billion takeover offer deadline for Jubilee Mines NL for a second time, after a slow take-up by the target's shareholders.
Swiss mining group Xstrata plc has reduced the minimum acceptance level in its Jubilee Mines takeover offer from 90 per cent to 50 per cent, after struggling to win acceptances from Jubilee shareholders.
Minara Resources Ltd main substantial holder Glencore International AG has lifted its stake in the nickel producer from 50.8 to 52.2 per cent through on market acquisitions of 5 million shares worth $29 million.
Perth-based mineral explorer Redbank Mines Ltd has secured an off-take agreement with Swiss commodities giant Glencore International AG with a $1 million underwriting of its $1.8 million rights issue announced today.
SWISS-based commodity trader Glencore International threw its weight behind Anaconda Nickel's Murrin Murrin nickel and cobalt project near Leonora, this week 10 years ago.
XSTRATA Alloys has reached an agreement with Precious Metals Australia over the contentious Windimurra vanadium project at Mount Magnet in Western Australia.
WESTERN Australian copper group Universal Resources will receive a $6.6 million funding injection from Xstrata Copper in an agreement that places it in a better position to defend a takeover attempt b
Precious Metals Australia has launched legal action against Swiss miner, Xstrata, seeking damages as well as the reopening of the Windimurra vanadium mine near Mt Magnet.
WESTERN Australian mining company Precious Metals Australia has vowed to continue its David and Goliath battle with former joint venture partner, Swiss mining giant, Xstrata over the latter's controversial decision to close the Windimurra vanadium mine.
