Base metals fall sharply
BASE metals on the London Metal Exchange (LME) have closed sharply lower, extending early gains after a stronger USdollar and downbeat sentiment from China weighed upon the complex throughout the ...
View ArticleBack from holidays Chinese traders continue to chase iron ore higher
The benchmark CFR import price of 62% iron ore fines at China's Tianjin port added 1.4% or $2.10 to $157.20 on Monday. After moving sideways during the new year's holiday week, iron ore is ...
View ArticleBoart Longyear drops 8 percent after bad year-end
new CEO announcement , Boart Longyear (ASX: BLY) dropped 8.18% to $1.97 on Monday after announcing year-end results. The drilling company worried analysts by showing 122% increase in debt, $512 ...
View ArticleEx-Gold Fields chair launches challenge to South Africas ruling ANC
Ex-chair of South Africa's Gold Fields (JSE, NYSE: GFI) Mamphela Ramphele, on Monday announced the formation of a new party political platform to contest general elections set for 2014. After ...
View ArticleUPDATE 1-Vale stops coal shipments from Mozambique after rail closure
Mon Feb 18, 2013 4:47pm EST Feb 18 (Reuters) - Brazil's Vale SA , the world's No. 2 mining company, declared force majeure on a number of coal shipment contracts from Mozambique on Feb. 15 ...
View ArticleGreens want Senate inquiry into mining tax
Australia Greens leader Christine Milne has announced plans to set up a Senate inquiry into the failure of the mining tax to raise any significant revenue. The ...
View ArticleAd by uranium mining supporters urges McDonnell to back regulations
Uranium-mining supporters have come out with a radio ad asking Gov. Bob McDonnell to authorize the creation of regulations for mining the radioactive ...
View ArticleAndrew Twiggy Forrest continues fight to preserve family land
Australian billionaire Andrew "Twiggy" Forrest is two years into a legal dispute to prevent mineral exploitation on his family land in Minderoo, Western Australia. Forrest made a fortune ...
View ArticleCapstone to Present at Upcoming Investor Conferences
Feb. 18, 2013 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) today announced that management will present at the following investor ...
View ArticleCarroll Minas Rio Grosvenor protects Anglo from takeover
Cynthia Carroll, who steps down as CEO of Anglo American in April, again had to defend her record at the diversified giant, specifically the Minas Rio iron-ore project. Carroll bought the Brazil ...
View ArticleChinas coal imports in 2012 rise 58 on year to 289 million mt
China imported 289 million mt of coal in 2012, up 57.9% year on year, a compilation of the monthly China customs data released on Tuesday showed. Of the total imports, thermal coal comprised 35.14%, ...
View ArticleZambias copper production slides down in 2012
Zambia, Africa's largest copper producer, saw copper production declining during 2012 compared to the previous year despite an increase in investment in the mining sector, the Zambia Daily Mail ...
View ArticleGold loses shine but purchases sparkle
GOLD prices lost their shine in Shanghai yesterday, tracking losses in global market prices over the week-long Spring Festival holiday last week, but the price drop boosted purchases to a record ...
View ArticleChinas spot alumina price steady as market returns
The spot price of Chinese alumina was steady at Yuan 2,610/mt ($415) Monday as the market returned from the week-long Lunar New Year holiday. Prices, however, were likely to edge up in the near term ...
View Article$1M given to study health effects of drilling
DANVILLE -- A Pennsylvania health company says it has gotten a $1 million grant to study possible health impacts of natural gas drilling on the Marcellus ...
View ArticleTop 10 gold companies in 2012
In 2012, for the preliminary estimated corporate production of the yellow metal, total volume of gold mined by the top 10 publicly-traded companies dropped roughly 3.4%, from 32 Moz in 2011 to 30.9 ...
View ArticleGold price still well below $1630 support
George Soros cut his GPDR Gold Trust by more than 50% has weakened the metal. Soros Fund Management also dumped its stake in Toronto-based Kinross Gold Corp. Emiko Terazono, writing in today's ...
View ArticleBinhai Volcano National Geological Park in Fujian
Located in Binhai, Qianting town, on the western bank of the Taiwan Strait, Fujian Province, the park is China's only coastal volcanic geological and geomorphic scenic area. It is also one of ...
View ArticleMetals Stocks Gold futures extend advance
SYDNEY (MarketWatch) -- Gold futures edged higher in electronic trade Tuesday, moving further from lows reached at the end of last week, when the precious metal saw its weakest close in six ...
View ArticleInitial pitch for Murray River did not use longwall mining
Penggui Yan, the chair of HD Mining International Ltd., is photographed during an interview at the HD Mining offices in Vancouver, British Columbia, Monday, February 4, 2013. (Rafal Gerszak for the ...
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