MINING.COM

Resurgent Aussie dollar gives huge boost to Brazil, South Africa iron ore exporters

While the real and rand continues to weaken significantly, the Australian dollar is staging an impressive comeback and dealing damage to Rio Tinto and BHP.

Frik Els | June 17, 2013 | 8:18 pm

Ucore throws weight behind rare earths bill

Legislation currently making its way through the US Congress to support the domestic rare earths industry has been given the thumbs up by the near-term producer.

Investing News Network | June 17, 2013 | 8:10 pm

John Paulson bets on housing recovery, not gold

The billionaire hedge fund manager has been scoring big gains recently by going long on mortgage insurers.

Cecilia Jamasmie | June 17, 2013 | 7:09 pm

SocGen says continued ETF selling will drop gold price to $1,200

Every month 100 tonnes of gold flow out of ETFs and the selling is not going to stop says investment bank.

Frik Els | June 17, 2013 | 6:37 pm

BHP bribery accusations not fully investigated: report

Official documents reveal neither the Australian Federal Police nor the Australian Securities and Investments Commission did enough to investigate the 2008 Beijing Olympics-related claims against BHP.

Cecilia Jamasmie | June 17, 2013 | 5:46 pm

Coal India to invest $4 billion in two Aussie assets

Increasing demand from its domestic market, especially power producers, is pushing Coal of India to seek more overseas mines.

Cecilia Jamasmie | June 17, 2013 | 5:01 pm

Mexico shuts down more than 20 coal pits due to child labour probe

Particularly in the state of Coahuila, which holds 80% of the country’s coal deposits.

Cecilia Jamasmie | June 17, 2013 | 3:58 pm

Codelco could take over from Kinross in Ecuador

The world’s largest copper producer may be the chosen company to run the Fruta del Norte project, the largest gold deposit in Ecuador, when the concession for the Canadian miner expires August 1.

Cecilia Jamasmie | June 17, 2013 | 10:39 am