India monetizes 14 ounces of gold
Indian households sit on 20,000 tonnes and the Modi government's two-week old scheme to bring gold into the financial system looks like a spectacular flop.
Latest Stories
A brutal year for mine financing explained in just one chart
A miserable $400 million down from a high of $4.6 billion in 2012.
Skeena intersects 18 metres grading 6.13 g/t Au
Highlights.
Dragline Excavation Prototype Develops 3D Vision
Global mining technology company MineWare continues to lead the way in dragline mining innovation, recently completing stage one of its ACARP project in collaboration with CRCMining and the University of Queensland.
Chinese commodity trade barometer at record low
The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.
Caterpillar sales down again, almost three straight years
The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).
Lucara up 24% pct on huge diamond find, garners worldwide coverage
No word on price.
Indonesia probing allegations of extortion to Freeport-McMoRan by senior officials
The investigation aims to determine whether senior officials tried extorting Freeport’s Indonesian unit in return for letting the company continue to operate in the country.
Lonmin investors approve key $407m rights issue
The move will allow the platinum miner to restructure its debt and, it hopes, weather an ongoing decline of platinum prices.