Bernanke will absolutely implement QE3: Lundin
Brian Lundin says Federal Reserve chairman Ben Bernanke will "absolutely" implement a third round of quantitative easing.
Latest Stories
Plans for a Second Mining School in India
As reported on the Times of India, a new school for mining will be built in one of the northeastern states of […]
Oscar Mayer pushes the bacon-backed dollar
Oscar Mayer is launching a novel new experiment in the use of bacon as a viable currency.
Summer at San Gold
Kourtney Kerelation provides a piquant account of her work experience at San Gold in verse form.
Unrest returns to South African gold mine
Labour unrest spread in South Africa on Monday when 15,000 workers stopped operations at a Gold Fields (JSE, NYSE, NASDAQ Dubai: GFI) mine while few workers reported for duty in the fourth week of a stoppage at Lonmin (LON:JSE) , the world’s third largest platinum mine.
Petra Diamonds selling non-core South African mines
London-listed Petra Diamonds shares were on the rise again Monday after the company revealed Friday it had started selling three of its non-core mines.
De Beers, Peregrine Diamonds joint venture for Chidliak is a go
De Beers has the exclusive right to enter into a joint venture agreement with Peregrine for the Chidliak diamond project located on Baffin Island, Nunavut, Canada.
Low diamond prices forces suspension of Nunavut mine
The reason that drove the company to stop looking for diamonds in its high-grade stockpiles last week was the “continuing weak world diamond prices."
Continental Coal shares soar
Shares rose almost 20% in London on Monday over the news that the junior miner is poised to sell its South African thermal coal mining assets.