September 19, 2011

BHP is looking for robotics exec to dig world’s biggest open pit

Adelaide Now reports BHP Billiton wants to "future-proof" its massive Olympic Dam project, including using driverless haulage trucks and this week put out a recruitment ad for an executive to…

September 18, 2011

Record $8.5 billion likely spent in 2011 exploring for gold

Research firm Metals Economics Group reports gold continues to be top exploration target accounting for more than 50% of global exploration of non-ferrous metals for the second consecutive year in…

September 18, 2011

India is now the elephant in the room

New economic numbers from India, the latest forecasts for the country's voracious appetite for gold, iron ore and in particular coal and its plans for a sovereign wealth fund to…

September 18, 2011

Colombia sees mining reforms finished by year-end

Reuters cited Mr Carlos Rodado Columbia Energy Minister as saying that Colombia mining reforms including restructuring the fast-growing sector and changes to the law should be completed by the end…

September 18, 2011

China sets national standards for ‘high pure gold’

Authorities have released the first national standards on "high pure gold," a move that is likely to boost the country's gold consumption. "High pure gold," as it is called in…

September 18, 2011

Strike slashes output at Freeport’s Grasberg in Indonesia by 230,000 tonnes a day

A strike at Freeport McMoRan’s huge gold and copper mine in eastern Indonesia has slashed production by 230,000 tonnes a day, the energy and minerals ministry said on Friday. The…

September 18, 2011

Harmony Gold eyes copper-gold projects in Philippines

South African mining firm Harmony Gold Mining Co. Ltd., the worlds fifth largest gold producer, is looking to invest in copper-gold projects in the Philippines.

September 18, 2011

Pilot Gold finds high-potential exploration targets and confirms mineralization at Regent Hill

Pilot's drilling to date confirms both lateral and down-dip continuity of gold mineralization at Regent Hill, as well as gold and silver mineralization in new targets an additional 750 metres…

September 18, 2011

Gold gains in India on Saturday but charts point to $1,700

Both gold and silver gained on the bullion market on Saturday as bargain hunters returned to the market. While gold surged by Rs 420 to Rs 28,160 per 10 grams,…

September 16, 2011

Big miners needn’t worry about higher royalties in Peru, juniors should

Speaking in Arequipa at Peru's premier mining conference industry executives said on Friday a drive by Peru's leftist president to raise mining royalties should not derail multibillion-dollar investments, but added…