Chinese backing in Labrador Trough softens impact of iron ore plunge
"They all say that the Chinese firms believe the market volatility is temporary, and that pricing should return to $120 or $130 in the coming months."
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QE3 Infinity beginning to work its magic for gold as Bernanke defends policy
Gold is now up 16% since hitting 2012 lows and on Monday made a break for $1,800.
BHP expresses confidence in copper, foresees 10% CAGR for next three years
Diversified mining giant BHP Billiton (ASX:BHP) has expressed strong confidence in the long-term outlook for the global copper market.
Glencore slammed with tax dodge accusations
Glencore (LSX:GLEN) has been accused of dodging millions of pounds in tax through the use of complex derivatives to artificially reduce profits.
Arrium Mining surges after spurning billion dollar bid
Australian steelmaker and iron miner Arrium (ASX:ARI) has seen its shares surge after rejecting a $1 billion takeover bid for the company's mines and blast furnace.
38 Chinese nationals deported from Ghana for illegal gold mining
38 Chinese nationals caught mining for gold illegally in the west African nation of Ghana have been arrested and deported.
Newcrest’s $2 billion Cadia East project faces legal action from private rivals
Newcrest Mining (ASX:NCM) is accused of licensing breaches by a private exploration company seeking to scupper the gold mining giant's $2 billion Cadia East project.
Lonmin concessions and AngloGold closure heighten contagion concerns
The closure of AngloGold Ashanti's (NYSE:AU) nation-wide operations and Lonmin's concessions to striking workers (LSX:LMI) have raised concerns that unhealthy precedents are being set for future industrial unrest.
Finland has plans afoot to phase out coal
Finland could become the first European country to end usage of coal in energy production.
