China’s bridge to Nowhere and Billiton is getting out’a Guinea: MINING.com’s top stories last week
MINING.com had record high traffic last week; it could’ve been the weather or it could’ve been the excellent authorship. Either way here the favourite stories from last week:
- Here is China’s Bridge to Nowhere. It also happens to be the world’s longest – On Tuesday the globe’s most active steel futures contract – Shanghai rebar – dropped to its lowest level this year dragging down iron ore with it, indicating that China’s construction boom may be coming to an end. Unique page views 5,229.
- BHP Billiton exits Guinea – Sunday Times reports that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea. Unique page views 4,967.
- Mongolia’s new rulers may put world’s richest coal deposit beyond reach – The Democratic Party which campaigned on sharing more of the spoils of mining with Mongolian citizens won the majority of seats. Unique page views 2,795.
- Egyptian billionaire pays $492 million for La Mancha Resources – Naguib Sawiris,an Egyptian mobile phone entrepreneur, is paying $492 million for gold miner La Mancha Resources. Unique page views 2,561.
- Gold manipulation ‘next big scandal to break,’ ‘more scandalous than Libor’ – One of the UK’s leading broadsheets has castigated the manipulation of gold prices by key market players, saying that the issue could explode into a bigger scandal than the Libor controversy. Unique page views 2,329.
- World’s biggest open-pit mines – Whether it’s raising islands, splitting mountains or extracting resources; people are constantly changing the face of the planet. Miners have made some of the largest holes in an effort to move ore to mills. Unique page views 1,858.
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