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Mar 8, 2013
Mar 7, 2013
Mar 7, 2013
Mar 6, 2013
Mar 6, 2013
Mar 6, 2013

HudBay eyes prospects with majors on sidelines

TORONTO, March 6 (Reuters) – Most of the world’s top miners
are shying away from takeovers this year, clearing the way for
mid-tier producers like HudBay Minerals Inc to make
competitive bids for assets coming up for sale, the company’s
CEO told Reuters at a Toronto mining convention.

After being burned by costly deals made during the boom,
most major metals companies have pledged to rein in costs – with
some even looking to divest non-core assets.

Mar 5, 2013
Mar 5, 2013
Mar 5, 2013

Cautious miners pull Major Drilling to loss

TORONTO, March 4 (Reuters) – A growing sense of caution
gripping the mining industry is having a big impact on
exploration service providers such as Major Drilling Group
International Inc, which posted a quarterly loss on
Monday and offered little hope of an early turnaround.

The mining sector’s new emphasis on austerity in the face of
stagnant metal prices has led to a sharp pullback in exploration
spending. Juniors and more established miners alike have delayed
or canceled exploration programs, clouding the outlook for Major
and its rivals for years.

Mar 4, 2013
    • About Julie

      "I currently cover mining and minerals out of the Toronto bureau, where I focus on uranium, silver, platinum, lithium and REEs. Prior to moving to the mining sector, I worked as an online editor and video producer for Reuters.com. I started at Reuters as a TV intern in Chile and before that, I freelanced in Eastern Europe and spent eight months living in the Galapagos Islands."
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