November 30, 2011

A Bitcoin autopsy

Bitcoin, an alternative to fiat currency, rose fast from its inception in the last three year, but just as quickly unwound. Bitcoin is a peer-to-peer digital currency created in 2009…

November 30, 2011

World’s largest miners like potash

Miners are looking to enter the potash business, or expand existing operations, as they look for increased demand from developing nations such as China, India and Brazil.

November 30, 2011

Australian gold producer BCD Resources closing its Beaconsfield underground gold mine next year

Australian gold producer, BCD Resources has announced that it will close its Beaconsfield underground gold mine next year as today's gold price it is not viable to mine below the…

November 30, 2011

NDP searches for the right message on the oilsands

The federal NDP is trying to find its footing on the oilsands issue. Lacking clear leadership, the party is starting to split on whether oilsands projects like the Keystone pipeline…

November 30, 2011

Gemcom supports MEA engineering programme

Publishing Date Author Mining Magazine Processing Loading & Hauling Crushing & Conveying Drilling & Blasting Gemcom has announced its support of the Mining Education Australia (MEA) engineering programme. MEA is…

November 30, 2011

Franco-Nevada closes C$391 million bought deal financing

Franco-Nevada Corporation (the "Company") (NYSE: FNV) (TSX: FNV) announced today the closing of its previously announced public offering (the "Offering") of 9,200,000 common shares ("Offered Shares"), including the full exercise…

November 30, 2011

Iron ore prices fall to three-week lows

Offer prices for iron ore dropped to three-week lows, reports Reuters, with steelmakers in top producer China mostly staying out of the market amid thin demand. Despite the low steel…

November 30, 2011

Fracking Dragon: China looks to exploit shale gas

Fracking has helped the United States maintain the world's number one economy, but the exploitation of unconventional gas is also catching the eye of the world's second largest economy: China.

November 30, 2011

Scaddan Scoping Study Completed – BLACKHAM RESOURCES LIMITED

Blackham Resources announced it has finalised a scoping study for the export of coal from its 70% owned Scaddan Coal Project in Western Australia.

November 30, 2011

Newmont suspends construction at the Conga project in agreement with the Government of Peru

Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") announced today that, in agreement with the government of Peru, it has suspended construction activities at the Conga project (or the…