April 30, 2014

Copper, iron ore prices gap down again amid credit crackdown

Beijing is curbing the use of industrial metals and iron ore as collateral in short-term financing creating a vicious circle as deals are rapidly unwound.

April 30, 2014

World Bank: China to overtake US as biggest economy THIS YEAR

New study based on purchasing power parity sees Chinese economy overtaking US this year. India leaps from 10th to 3rd.

April 30, 2014

Big win for Goldcorp’s $3.9 billion El Morro mine in Chile

Appeals court says the gold and copper project, frozen since November last year, can finally go ahead. Indigenous communities to appeal ruling.

April 29, 2014

Fears of Beijing metal-financing crackdown halt copper price rally

Using commodities as loan collateral is practice in China, but Beijing is set to introduce new rules limiting this component of the shadow banking system.

April 29, 2014

Kincora Copper set to solve mining licenses dispute with Mongolia

Company is confident the government will return two of the licences revoked last year.

April 29, 2014

Wave of buying sends OceanaGold shares surging again

Melbourne-based company sets profit and production records from mines in New Zealand and the Philippines. Stock is already up 67% in 2014.

April 29, 2014

Fortuna Silver jumps after Mexico intercepts

Vancouver-based miner's step-out drilling at producing San Jose mine shows great expansion potential.

April 29, 2014

Cayden receives excellent preliminary metallurgical results from El Barqueño

The results suggest very promising potential to produce gold and other metals using a standard leach plant in Mexico.

April 28, 2014

Canada’s Ontario to invest up to $1bn in Ring of Fire

The province is asking the Federal government to match the funds.

April 28, 2014

Platinum, palladium dive as strike turns violent

Workers desperate after three months without pay loot shopping mall and set community buildings alight.