MINING.COM

Chevron’s assets embargoed after $19 billion fine

An Argentine court has ordered to embargo Chevron assets in the South American country to help enforcing an Ecuadorean court resolution that fined the oil and natural gas giant for $19 billion in environmental damages.

Cecilia Jamasmie | November 8, 2012 | 5:23 pm

Centerra shares drop despite increasing reserve estimate of major gold project

Centerra Gold (TSX:CG) was trading low on Thursday morning, after the Canadian gold miner reported Wednesday night a $46.8 million quarterly loss due to higher costs and severely lower production at its Kumtor mine in Kyrgyzstan.

Cecilia Jamasmie | November 8, 2012 | 4:28 pm

Australian miners find new ways of getting buzzed

Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from China.

Cecilia Jamasmie | November 8, 2012 | 3:42 pm

S. African strikes drop annual mining production 8.3%

In what it shouldn’t come as a surprise for anybody who has been following the news in the last three month, South Africa reported Thursday its mining output dropped 8.3% on the year in September.

Cecilia Jamasmie | November 8, 2012 | 2:43 pm

Lynas wins battle against activists, gears up to start rare earths production in Malaysia

Australia's Lynas Corp (ASX:LYC) won Thursday the latest of a series of long-dragged legal battles against activists, which took the company to court for allegedly causing major health and environmental damages to the Malaysian population.

Cecilia Jamasmie | November 8, 2012 | 1:41 pm

China will back the yuan with gold: Leeb

Storied investor Stephen Leeb says he is bullish on gold in the long-term due to surging demand from the Middle Kingdom and his belief that China plans to back its official currency with the precious metal.

Marc Howe | November 8, 2012 | 3:14 am

Iron ore port to become popular cruise tour destination

The mining town of Port Hedland in Western Australia's mineral rich Pilbara has ambitions to become a leading destination for cruise ship tours.

Marc Howe | November 8, 2012 | 2:41 am

Diamonds made from cremated Australian stolen while en route to grieving parents

A pair of diamonds made from the cremated ashes of a deceased Australian man have been stolen while en route to his grieving parents.

Marc Howe | November 8, 2012 | 2:07 am

Pentagon and Toyota seek to overcome China’s rare earth strangehold

The US Department of Defense and Japanese automaker Toyota (NYSE:TM) have embarked upon simultaneous bids to overcome China's strangehold on rare earth metals via the development of North American supply sources.

Marc Howe | November 8, 2012 | 1:31 am

First

Last

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Create FREE account or log in

to receive MINING.COM digests