May 29, 2012

Cline Mining Corporation files suit against the Province of British Columbia for expropriation of coal properties

Cline Mining Corporation ("Cline Mining" or the "Company") (TSX:CMK.TO - News) has filed a notice of civil claim (the "Claim") dated May 28, 2012 in the Supreme Court of British…

May 29, 2012

New Australian metal cost guide includes 28 surface and 54 underground models

Australian R2Mining has launched a new metal cost guide includes include 28 surface and 54 underground models, with recent data on labour costs, mining cost indices, equipment capital costs, supplies,…

May 29, 2012

First Uranium says Olma demands are ‘unrealistic’

John Hick, lead independent director of First Uranium Corp, described demands from Olma Investment Group and other dissident shareholders received by the company Tuesday as "unrealisic".

May 29, 2012

Freeport McMoRan: Labour dispute and lower copper prices pressuring stock

I'm not all that thrilled to be owning Freeport McMoRan Copper & Gold (FCX) right now. While the company's stock has tended to be highly correlated to the price of…

May 29, 2012

Feds order rail workers back to work by Thursday

The Canadian government did what it said it would do Monday, ordering close to 5,000 striking CP Rail employees back to their jobs.

May 29, 2012

$6.4 billion Alpha Coal Project given go-ahead

The Newman Government has given the green light to what will be one of Australia’s biggest mines, the $6.4 billion Alpha Coal Project in Queensland’s Galilee Basin.

May 28, 2012

BHP must start Olympic Dam work by year-end, minister says

BHP Billiton Ltd. (BHP), the world’s biggest mining company, will lose the right to proceed with the $33 billion Olympic Dam copper-uranium expansion in Australia if it doesn’t start work…

May 28, 2012

The euro and the gold price – potential fallout consequences

For many years now gold and silver -by its pattern of following gold wherever it goes- have been treated by traders, investors and central banks as a 'counter to the…

May 28, 2012

Chinese coal, iron ore defaults prompt mystery

Over the last two weeks, Chinese consumers of thermal coal and iron ore have been defaulting on their contracts, sending prices sharply down.

May 28, 2012

As the financial collapse approaches, should you go all-in on gold and silver?

Should you put all of your assets - your hard currency, your 401K, your stock portfolio - into gold and silver now, before it's "too late?"