May 24, 2011 The last tango of the currencies will end in gold’s favour The debt problems now weighing on the Euro have inflicted a devaluation of around 6% this month with no recovery in sight for the PIIGS, Portugal, Ireland, Italy, Greece and…
May 24, 2011 Miners’ families challenge $8.5bn Massey-Alpha deal The Charleston Gazette reports on Tuesday that the families of seven miners who died in the Upper Big Branch Mine Disaster in West Virginia have filed a new lawsuit against…
May 23, 2011 Bloomberg: Exxaro bids A$123 million for Territory in iron ore strategy South African coal miner Exxaro Resources has agreed to pay AUD$123 million for Territory Resources with the goal of producing 10 million metric tonnes of iron ore a year, Bloomberg…
May 23, 2011 Ian Gordon: Gold stocks offer protection from financial storm Economic cycles, like weather, run in seasons. Longwave Group Founder Ian Gordon explains why he believes the world economy is in the "winter" portion of an approximate 80-year cycle and…
May 23, 2011 Bottoms in! It was another week of mixed markets where we did see some bottoms in stocks and US markets seem to have turned up thus far. Their not yet trending higher,…
May 23, 2011 Coal exports from U.S. reach 20-year high on Australia floods Bloomberg reported that a drop in coal exports following Australia’s floods pushed up exports from the US. The market news is quoted as saying: Queensland Resources Council, representing miners in…
May 23, 2011 Hunnu buys controlling stake in Mongolia Coal JV from Rio Tinto Mining Weekly reported that Hunnu Coal (ASX:HUN) bought a majority stake in the Altai Nuurs coal project from Rio Tinto (ASX:RIO). The market news is quoted as saying: Hunnu said…
May 23, 2011 South African gold and coal mines faced with 14% wage increase demand South Africa's National Union of Mineworkers (NUM) said on Monday it would seek a 14 percent rise in salaries from the country's gold and coal miners in upcoming wage talks.…
May 23, 2011 Indonesia to review all existing mining permits as new mining regulations passed Indonesia will audit over 8,000 existing mining permits to make sure they are in line with mining and environmental laws, the country's finance minister said on Monday, days after the…
May 23, 2011 Cavico announces participation in vertical coal mine shaft project Cavico Corp. (Nasdaq:CAVO) a major infrastructure construction, infrastructure investment, and natural resources conglomerate based in Vietnam, announce that Prime Minster Nguyen Tan Dung has approved its proposal for a project…
Disruption and dislocation: LME metals’ year in seven charts Supply disruption and tariff dislocation have defined the London Metal Exchange base metals complex this year. December 23, 2025 | 07:58 am