December 23, 2012

Mining costs soar as productivity languishes, superfluous staff proliferate

Excess sub-contractors and outdated construction techniques lead to cost blowouts and project delays

December 22, 2012

BHP rejects $50 million offer for Port Hedland resort

BHP Billiton has turned down a AUD 50 million offer from a consortium of investors for a collapsed resort project at Port Hedland. BHP's move is expected to lead to…

December 22, 2012

QE3 silver impact

As the Fed’s past QE campaigns demonstrated abundantly, QE3 will eventually prove to be very bullish for silver’s fortunes.

December 22, 2012

Local government of Chubut refuses to approve legal framework for large mining projects

Minera Argenta, a subsidiary of Pan American Silver, has announced it will not carry out the silver and lead project "Navidad", located between the communities of Gan Gan and Gastre…

December 21, 2012

Copper Mountain announces 2013 production guidance

Copper Mountain Mining Corporation (TSX: CUM) is projecting 2013 production of approximately 80 million pounds of copper, 35,000 ounces of gold, and 315,000 ounces of silver.

December 21, 2012

Disconnect between metal futures and physical is excessive — Maguire

Silver market trader and whistleblower Andrew Maguire told King World News the disconnect between gold and silver futures markets and the physical markets has reached an extreme rarely seen before.

December 21, 2012

Resource nationalism assumes more insidious forms

Tactics shift from frank expropriation of assets to increased royalties and stricter procurement requirements

December 21, 2012

Southern parvenu seizes control of New York Stock Exchange

Metals and energy trader clinches historic deal with NYSE Euronext.

December 20, 2012

Silver drops below $30

Precious metals are at three-month lows.

December 20, 2012

Braeval Mining completes $10,000,200 initial public offering and lists on the Toronto Stock Exchange

The company announces the closing today of its initial public offering of 16,667,000 common shares of the company at a price of $0.60 per share resulting in gross proceeds of…