MINING.com Editor, Author at MINING.COM

Stans Energy submits mining licenses for heavy rare earth in Kyrgyzstan

Stans Energy Corp announced the submission of documentation for the licensing requirements to the Kyrgyz Government for the Kutessay II Heavy Rare Earth Deposit and the Kalesay Beryllium deposit, news agencies reported.

MINING.com Editor | January 15, 2012 | 5:35 pm

Codelco will spend $5 billion in 2012, Chile court hands it minor victory over Anglo

Bloomberg reports Chile's state-owned firm Codelco, the world's largest copper producer, plans to invest $5 billion in 2012 on capital projects, more than twice the $2.3 billion it allocated last year. Also on Friday a Santiago court blocked Anglos from selling any more shares in its Sur subsidiary while it battles Codelco over an option to acquire 49% of its Chile operations.

MINING.com Editor | January 13, 2012 | 8:40 pm

Taseko spending $134 million on Gibraltar, will keep plugging away at Prosperity

Taseko Mines on Wednesday announced it is going ahead with its Gibraltar capital program and is planning to spend $134 million to complete the project by the end of this year. The investment will increase Taseko's share of copper production capacity to 140 million pounds per year. Taseko owns 75% of Gibraltar, located in British Columbia.

MINING.com Editor | January 11, 2012 | 8:30 pm

Drill baby drill! The last time US mining jobs were added this fast Reagan had just taken office

US Labor Department figures released on Wednesday show the country's mining sector added more jobs in 2011 than at any other period since the early 1980s.

MINING.com Editor | January 11, 2012 | 6:00 pm

Gold price: Hedge funds go 233 tonnes short

Paulson’s annus horribilis a ‘curse’ on gold says FT

Hedge fund genius John Paulson had the worst year of his career in 2011. The FT wonders if he will start dumping gold onto the market in a dash for cash.

MINING.com Editor | January 9, 2012 | 10:39 pm

This chart shows mini gold price rally could have legs

Investors poured $5.9 billion into precious metal funds last year… no thanks to Paulson

Hard Assets Investor reports precious metals ETFs enjoyed solid $5.9 billion inflows last year that brought total assets in the sector to just under $98.5 billion; a figure that represents just under two-thirds of all exchange-traded products including energy and agriculture.

MINING.com Editor | January 9, 2012 | 9:55 pm

US$5 billions worth gold reserves discovery in Ethiopia

The National Mining Corporation (NMiC), an Ethiopian private company, announced the discovery of the largest ever gold and base metal reserves in Oromia and Tigray regional states. NMiC estimates that the 550,000 kg gold reserve at Dawa Okote, in Oromia Regional State is worth almost $US 5 billions.

MINING.com Editor | January 2, 2012 | 2:16 pm

Look to Australia for new tin supply

Peter Kettle, manager of statistics and market studies at the International Tin Institute (ITI), had some interesting things to say about tin at the close of the Investing in Tin conference in London. As reported in Robin Bromby's column in The Australian, Kettle remarks that Australia could be the main source of new tin mine production in the next five years.

MINING.com Editor | December 12, 2011 | 10:34 pm

Indian politicians appeal to accusations of illegal mining

MINING.com Editor | December 9, 2011 | 2:21 pm

China iron ore demand to reach 1.13 billion tons by 2015

China Knowledge reports the Middle Kingdom could experience an escalation in the demand for iron ore according to the Ministry of Industry and Information Technology.

MINING.com Editor | December 9, 2011 | 12:27 pm

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