Peru expects $10 billion in mining investments next year
Peru's Minister of Energy and Mines Jorge Merino announced the country is expected to attract mining investment projects worth $10 billion in 2013.
Cecilia Jamasmie , Editor-in-Chief
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Coal miner bringing Chinese workers to Canada appeals latest verdict
HD Mining International, the firm bringing Chinese workers for its northern B.C. coal mine, has appealed to a Federal Court ruling allowing local unions the right to request a judicial review of the temporary foreign worker permit granted to the coal company earlier this year.
Break out of violence at Harmony Gold mine leaves two dead
South African Harmony Gold (NYSE:HMY) said police is investigating a violent incident that left two of its workers another and injured at one of its mines as unrest continues in the industry.
Nunavut to make Canada a diamond powerhouse
Mining has become the main contributor to Canada’s Nunavut Gross domestic product (GDP), eclipsing even the government. From all the territory's riches, experts believe that diamonds will play the biggest role in Canada’s future.
Stornoway Diamond receives award for social responsibility
Canadian junior Stornoway Diamond Corporation (TSX-SWY) announced Thursday it has received an award for the “high level of environmental and social responsibility” shown in the advancement of the Renard Diamond Project.
Patagonia Gold gets green light to mine close to Argentina’s southern glaciers
London-based Patagonia Gold (LON:PGD) (TSX:PAT), a South America-focused gold and silver producer, received Thursday the full and final permit from the Argentine authorities to develop its Lomada de Leiva gold and silver project.
Codelco’s profit jumped 27% thanks to deal with Anglo
Chilean state-own Codelco, the world's largest copper producer, said Thursday its January-September profits climbed 27% compared to the same period last year, thanks mainly to the settlement of a heated legal dispute over a copper mine with diversified miner Anglo American (LON:ALL).
FUN BREAK: Geologist unmasks Mayan ‘apocalypse’ myth
Doomsayers may surely be relieved to read the latest posts by geologist Wayne Sedawie, who for years has travelled and investigated ancient Mayan sites, as he explains why the end of the world is not a month away.
Brazil gold reserves reach 11-year high
Brazil increased gold reserves for the second straight month, reaching the highest level in 11 years, data from the International Monetary Fund showed Wednesday.
Chinese gang caught selling fake gold jewellery to Shanghai pawn shops
Members of a Chinese band that sold silver jewellery covered in a thin layer of gold in Shanghai, causing eight local pawn shops lose about $4.2 billion, were charged Wednesday with contract fraud.
Coal demand hits fresh high as US output rises — IEA
Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak.
