Zinc News

Uranium News

Tin News

Rare Earth Elements News

Is Molycorp a takeover play? - Wednesday, January 02, 2013
GWMG files resource estimate for Steenkampskraal - Friday, June 01, 2012 
Rare earths juniors should applaud China's export controls - Wednesday, May 23, 2012 

Analyzing China’s Heavy Rare Earth Element Reserves (Part 1): Ion-absorbed Clays & Illegal Mining

Analyzing China’s Light Rare Earth Element Reserves

Critical Rare Earths Face Looming Shortage: Analysis - Friday, February 10, 2012
Lynas Corp secures $225mn in bond sale - Tuesday, January 24, 2012

Platinum News

PTM expands Waterberg discovery beyond known resource - Thursday, October 04, 2012
Impala dealt 30-day ultimatum on Mimosa - Friday, February 24, 2012
Nkwe may be awarded mining rights soon - Wednesday, February 15, 2012
Amplats to trial fuel-cell powered underground mine locos - Tuesday, February 14, 2012
Amplats paints grim outlook for platinum mining - Monday, February 13, 2012
Platinum on the back foot - Friday, February 10, 2012
Desperate Aquarius's share price tumbles - Thursday, February 09, 2012
South Africa: Norilsk Eyes South African Platinum - Wednesday, February 08, 2012
Wesizwe targets cash-producing PGM assets - Wednesday, February 08, 2012
nvestment demand drives the platinum market - Monday, February 06, 2012
Anooraq, Amplats unveil rearranged deal - Thursday, February 02, 2012
Aquarius Platinum hits out at safety stoppages - Tuesday, January 31, 2012
AllanHochreiter to list Sable Platinum - Monday, January 30, 2012
SA platinum in troubled waters - Wednesday, January 25, 2012 
5,000 Implats workers on strike at Rustenburg - Monday, January 23, 2012 
Friedland to storm back with IvanPlats - Monday, January 16, 2012

Potash and Phosphates News

Potash’s $20 billion market transformed
PotashCorp CEO unfazed by Russian rival's exit from potash cartel
Potash Corp sees higher global potash demand in 2013 - Thursday, September 06, 2012
UCL Resources announces Maiden Resource at the Sandpiper Marine Phosphate Project

Oil and Natural Gas News

Lithium News

Iron Ore News

The emphasis on the Serra Sul iron ore mine comes as Guinea struggles to maintain foreign investment amid deepening political turmoil, labour unrest and a government review of mining contracts
Author: By Sabrina Lorenzi
Posted: Wednesday , 26 Sep 2012

Vale, the world's second-largest mining company, is likely to make its $19.5 billion Serra Sul iron ore mine project in Brazil a priority over a similar development in the West African nation of Guinea, a source with knowledge of the firm's strategy said. The emphasis on the project in the Amazon comes as Guinea, which holds rich deposits of iron ore and is the world's top supplier of the aluminum ore bauxite, struggles to maintain foreign investment amid deepening political turmoil, labor unrest and a government review of mining contracts. The granting in June of a so-called preliminary environmental license for the Sierra Sul project, which includes railway and port investments, means the development of the Simandou site in Guinea is less urgent, the source said on Tuesday. "All things considered, projects need to be prioritized," said the source, who asked not be named as his employer does not allow him to speak to the press. "The priority has become Serra Sul."
Serra Sul is an extension of Vale's giant Carajas iron, copper and nickel mining complex in Brazil's Para state. It is expected to have a capacity of 90 million tonnes a year, about 9 percent of current world iron-ore exports, helping maintain Vale's position as the No. 1 producer. Simandou, while holding enormous high-quality reserves, faces major political, commercial and transportation hurdles before it can be developed.
Guinea recently revised its mining code, raising the state's mandatory stake in mining projects to 35 percent from 15 percent and plans to change other clauses in the code after consultation with mining companies. "I believe it will be difficult for Vale to invest in both projects at the same time because it would require very high capital spending for the company," said Marcelo Aguiar, metals and mining company analyst with Goldman Sachs in Sao Paulo. "Vale investment in Simandou appears to have lost a bit of its urgency after getting the license for Serra Sul." Vale gained the rights to develop iron ore in Simandou in 2010 when it agreed to pay $2.5 billion for a 51 percent stake in the Guinea iron-ore mining operation of BSG Resources Ltd, the London-based mining group controlled by Israeli businessman Beny Stenmetz. A newspaper in Brazil reported on Sunday that BSG was preparing to sue investment bank BTG Pactual, which it accuses of misusing its role as an adviser to Guinea's government to win licenses for a holding company at BSG's expense. Guinea's mines minister Mohamed Lamine Fofana called BSG Resources threat to sue BTG "insulting" in an e-mailed response to questions from Reuters.
The Serra Sul mine is at the center of plans to boost Vale iron ore output by 40 percent to 460 million metric tonnes a year in 2017. Serra Sul and Carajas are two of the largest high-grade iron ore projects under development to meet soaring demand for iron ore from China. Vale produces more than a quarter of the world's sea borne iron ore exports of more than 1 billion tonnes a year. Work to gain the preliminary Serra Sul license took nearly a decade. Vale, though, has been re-evaluating its investment plans in the wake of a slowdown in China and sluggish growth in the United States, Europe and Japan. In late 2011, it cut planned 2012 spending 11 percent to $21.4 billion. As iron-ore prices fell to three year lows earlier this month, slashing billions from revenue, further cuts came under consideration.
© Thomson Reuters 2012 All rights reserved
Global iron-ore demand growth remains robust - Monday, February 06, 2012
BHP sees record iron ore output - Wednesday, January 18, 2012

Diamond News

De Beers coy on 2012's prospects - Friday, February 10, 2012
Trans Hex says sales reflect stronger rough diamond demand - Tuesday, February 07, 2012
Zimbabwe: Local Diamonds Shake Market - Monday, February 06, 2012
Diamonds show signs of coming good - Friday, February 03, 2012

"China Expects Surge in Diamond Imports to Feed Demand"

"Diamond demand exceeds supply but many juniors still suffering" (Source: Mineweb)