Glencore Pushes Back Xstrata Merger

Glencore again extended the date by which it expects to close its merger with Xstrata, due to the ongoing investigation into the deal in China, according to Reuters. Glencore has been waiting for several months for China, the biggest buyer of the materials it trades and mines, to give the go-ahead before it can complete its $35-billion acquisition of miner Xstrata.

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KGHM Releases Technical Report on its Copper-Silver Operations

Polish copper producer KGHM Polska Miedź has released a detailed, NI 43-101-compliant technical report on the full extent of its resources and production activities.

The 159-page report was prepared by Micon International, of Canada, and follows Canada’s NI 43-101 guidelines with respect to disclosure of mining assets. KGHM commissioned the report “in order to match the highest standards of communicating with the market practiced by global companies from the mining and metals sector.”

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Northland Faces Cash Crunch at Operating Start-up

Northland Resources was confronted by troubles on multiple fronts in late January and February as its operating subsidiaries struggled to get its new Kaunisvaara iron ore mine in northern Sweden into a stable operating mode.

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