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Blackheath Resources Reports 11m of 2.09% Tungsten at Vale das Gatas

Blackheath Resources Reports 11m of 2.09% Tungsten at Vale das Gatas

Blackheath Resources Inc. (TSX:BHR) announced results from a recent work program at the Vale das Gatas Tungsten Mine in Portugal, as well as previously unreported historical reserve estimates. Highlights from the work program include an underground sample of stockwork totalling 11 metres averaging 2.09% tungsten trioxide.

Vale Swaps Out High Cost Production

Vale (NYSE:VALE) recently announced plans to cut 25 to 30 million tonnes of unprofitable iron ore production and replace it with cheaper operations, the Australian Financial Review reported. The company is sticking with its supply target of 340 million tonnes of iron ore, placing more pressure on its iron ore

What Does China’s Stock Market Meltdown Mean For Mining Companies?

What Does China’s Stock Market Meltdown Mean For Mining Companies?

Chinese stock markets continued their free-fall on Monday despite support measures enacted by China’s government. The Shanghai Composite index fell as much as 8 percent on Wednesday before closing down 5.9 percent, while the Shenzhen Composite fell 2.5 percent.

The Hong Kong stock exchange also fell 5.8 percent. About 1,476 stocks,

8 Top Rare Earth-producing Countries

While China may have a stranglehold on the rare earths market, it’s not the only country producing the metals. Here’s a look at the eight top rare earth-producing countries of 2014, as per statistics from the US Geological Survey.

5 Top Base Metals Articles in May

5 Top Base Metals Articles in May

May was a busy month for base metals. Here the Investing News Network looks at the five top base metals articles for the month of May, summarizing them for those who may have missed them the first time around.

Iron Ore Price Boosted as Stocks at Chinese Ports Drop

Iron Ore Price Boosted as Stocks at Chinese Ports Drop

The iron ore price received a boost on Tuesday when it hit its highest level in more than a week, breaching $61 per tonne. While that’s a far cry from the metal’s April 2014 price of $115, it’s up marginally from last month, when 62 percent Fe fines fell to

World’s Biggest Mining Companies Betting on Copper

There’s still some uncertainty regarding how soon copper will shift into a deficit. However, positive arguments for the copper price got some support on Friday when a report from Bloomberg stated that five of the world’s largest mining companies have all said good things about the red metal over the

Australia Halves Iron Ore Price Forecast in 2015 Federal Budget

Australia Halves Iron Ore Price Forecast in 2015 Federal Budget

The slumping iron ore price has hit those involved in the space hard in the last year, with many companies reducing production and halting new construction. Now the Australian government has gone into defense mode with its Federal Budget 2015 report, which includes a conservative 12-month iron ore price estimate

John Kaiser on the Need for High-risk Exploration

While things are looking up in some respects when it comes to the exploration space, it’s definitely still tough out there for juniors. However, according to John Kaiser of Kaiser Research, exploring in known areas isn’t likely to result in the next great discovery. Furthermore, he believes that a major

Iron Ore Price on the Rise Again

Iron ore has finally started to pick up after what seemed like an endless stretch of bad news. While it seemed that the industries biggest producers had no intention of slowing down their production in an attempt to muscle out the smaller companies, they are finally starting to let up

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