Australia and Mongolia to expand ties in mining sector
Australia and Mongolia are set to expand ties in the mining and resources sector following calls by politicians from both nations for cooperation to be strengthened.
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$2200 is a realistic target for gold in 2013: Hug
Kitco's head of precious metals Peter Hug says gold prices are on track to hit the $2200 level next year.
Iron ore: Who let the bears out?
It's worth remembering that the price of 62% iron ore never strayed from $10 – 14 a tonne for more than 20 years.
Protest against Centerra Gold in Kyrgyzstan turns violent
Demonstrators clashed with police and tried breaking into a building housing the parliament and government offices in Kyrgyzstan's capital Wednesday, as they demanded the nationalization of the Kumtor gold mine, owned by Canadian Centerra Gold (TSX:CG).
South Africa’s wildcat strikes reach Harmony Gold
South Africa's third-largest gold producer after AngloGold and Gold Fields Ltd., Harmony Gold Ltd. (JSE:HAR), said Wednesday that workers at its Kusasalethu mine embarked on a strike.
Rio Tinto to survive the slowdown by making hay
While some miners have ventured in the coffee growing business, others such as mining giant Rio Tinto (LON:RIO) are getting ready to start producing hay.
Australia slashes interest rate as mining woes feed fears
In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining industry, falling commodity prices and concerns over China.
South African strikes spread to iron ore
75,000 miners, or 15% of the sector's workers in South Africa, are now on wildcat strikes.
Chile’s deputy mining minister ‘quits’ after lithium fiasco
Chile's deputy mining minister, Pablo Wagner, resigned a day after the government decided to revoke the lithium mining concession awarded to a local company last week, acknowledging problems with the tender process.
