GFMS presented its interim silver market review at the annual New York silver dinner organised by the Silver Institute. The review included GFMS’ provisional supply and demand forecasts for 2006 and the consultancy’s expectations for the silver price over the next few months.
Mine production is forecast to increase by some 4 Moz or 0.6% this […]

Boliden is implementing an organisation change, aiming to reinforce the synergies within the smelter operations and increasing the focus on marketing issues for the main products, copper and zinc. Business areas Copper Smelters and Zinc Smelters will be merged to form Business Area Smelters, and a new Business Area Market will be formed.
“The reorganisation […]

Like all today’s responsible mining companies Silvercorp Metals is committed to contributing to the growth and prosperity of communities in which it is active. As part of this commitment, Silvercorp’s 77.5%-owned subsidiary, Henan Found Mining has donated RMB¥1.25 million (some $159,000) towards the construction of the Henan Found Youth Recreation and Activity Center, in Luoning […]

Freeport-McMoRan Copper & Gold (FCX) and Phelps Dodge have signed a definitive merger agreement under which FCX will acquire Phelps Dodge for approximately $25.9 billion in cash and stock, creating the world’s largest publicly traded copper company. The combined company will be a new industry leader with large, long-lived, geographically diverse assets and significant proven […]

Development of new diamond mines equivalent to the current annual output of Botswana is needed to balance the gap expected by 2010 in diamond supply and demand. This was one of the conclusions today of James Allan, Principal of Johannesburg-based corporate finance and advisory firm, James Allan and Associates, addressing the 2006 World Diamond Conference […]

According to Junior Mine, the second annual review of trends in the London AIM-listed mining sector from PricewaterhouseCoopers, it delivered another year of strong performance on the back of high commodity prices and rising production levels.  The 50 mining companies included in the analysis, which represent over 80% of the total London AIM-listed miners by […]