China unlikely to be ousted as world’s main gold producer
The nation’s gold output between January and October was of 323 tonnes, 11% more than in the same period last year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Fire at Randgold mine in Ivory Coast impacts production
Gold miner Randgold Resources (NASDAQ:GOLD, LON:RRS)) cut its production guidance for its Tongon mine in Ivory Coast after a fire in the mill section of a plant.
Coal seam gas mining may risk ocean life: report
Groundwater leaks from shore into the ocean floor itself and experts are trying to figure out the implications of this for the supply of fresh water on land and aquatic life.
Rosenberg’s reasons to go for gold
Despite the recent drops in gold prices, David Rosenberg, the chief economist and strategist at Gluskin Sheff and former Chief North American Economist at Bank of America Merrill Lynch, is bullish about the precious metal.
Swarovski unveils palace made out of crystals
Diamond-like crystals manufacturer Swarovski and UK architect Asif Khan have built a “palace” made out of Swarovski luxury gems.
Will Papua New Guinea’s safest city survive the closure of Ok Tedi mine?
The mining town of Tabubil, in Papua New Guinea, is facing the closure of the nearby Ok Tedi copper mine, an operation that currently employs nearly 2,000 people, most of them locals.
Teck Resources coal sales to exceed prior outlook
Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2 million tonnes.
South Africa won’t nationalize its mines, but taxes go up
After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s main producer of platinum and chrome.
Fracking activities polluted Alberta’s groundwater: ERCB
Leaked fluid from fracking activities polluted groundwater after a “serious” incident at a well site near Grande Prairie, a city in the northwestern part of the Canadian province of Alberta, in September 2011.
Disconnect between metal futures and physical is excessive — Maguire
Silver market trader and whistleblower Andrew Maguire told King World News the disconnect between gold and silver futures markets and the physical markets has reached an extreme rarely seen before.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
