Chinese firms go hunting for gold mines overseas
China hosts less than 5% of the world's known gold reserves, while domestic mines are often readily exhausted.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Glencore Xstrata McArthur River mine expansion plan approved
It will make the McArthur River Mine the largest zinc resource in the world.
Chinese miners eye Glencore Xstrata copper mine in Peru
The two firms weighing rival bids are said to be Chinalco Mining Corp International, a subsidiary of China's state-run aluminum group, and Hong Kong-listed MMG Ltd.
Survey of mining executives reveals renewed pessimism in the sector
Iron ore, molybdenum and nickel are the main commodities executives see as having the highest likelihood of depreciating in value over the next three years.
Ontario Securities Commission asked to probe Tahoe Resources for alleged violence in Guatemala
Company's staff faces claims of obstructing justice and ordering to shoot protestors.
Glencore Xstrata fires 1,000 workers at South African chrome mines
For staging an illegal strike that started last week.
Snakes hunter finds enigmatic gold, diamond, sapphire pendant
Found near the crash sites of two airplanes.
Indonesia tells Freeport to halt copper-gold mine for 3 months
The world's No. 2 copper mine has been practically halted from May 14 at estimated cost of about $15 million a day in lost production.
Glencore Xstrata and Indian firms eye Rio’s $10bn assets for sale
Sale is part of CEO Sam Walsh’s plans to reduce operating costs by $5 billion over the next two years.
Miners strike at Lonmin mine in South Africa after worker shot dead
Today's death sparked fears of a repeat of last year’s violent unrest that left dozens of deaths and effectively shut down the country's platinum belt.
Diamond slump pushes Botswana to broaden mining base
Botswana is stepping up exploration beyond diamonds as weak prices and lab-grown rivals expose risks of reliance.
