America

Conflict Minerals bill expected to be tabled in Canadian Parliament

RENO (Mineweb) – Buoyed by the launch of a petition drive and the backing of human rights NGOs, MP Paul Dewar is expected to make another run at a Canadian Conflict Minerals bill. New Democratic Party MP Paul Dewar, who represents Ottawa Centre, is expected to introduce conflict minerals legislation in Canada’s Parliament Tuesday, The Globe […]

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Freeport’s risky energy plan highlights copper woes

Freeport’s stock fell nearly 16% after its plan to move into energy was announced Wednesday and investors, it appears, would have preferred it sticks to what it knows best. (Reuters) – Thursday , 06 Dec 2012 Freeport-McMoRan Copper & Gold Inc’s decision to diversify into energy highlights the dearth of attractive options available in copper,

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Global platinum mining capacity to increase 38,000 kg by 2015—U.S. Geological Survey

While the United States will continue to be highly dependent on foreign PGM exports through 2020, the nation could ease its dependence through recycling, the U.S. Geological Survey suggests. A U.S. Geological Survey scientific investigations report forecasts that South Africa, Russia, Canada, and Zimbabwe will continue to be the principal sources of PGM for at

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The head of mining giant Anglo American resigns amid social turmoil

The resignation announced on Friday of Cynthia Carroll, the head of mining giant Anglo American, the world’s number 1 platinum producer, did not surprise insiders, as the group strives to emerge from a violent social crisis in South Africa.”Shareholder discontent had been evident for some time,” Canadian bank BMO noted in an analysis. Just last

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