Indonesia ‘requests’ 51% of Grasberg, Freeport agrees to 9.3% ‘at the moment’. What happens next?
The tide of resource nationalism sweeping the developing world may be catching up with Grasberg and Freeport Indonesia.
Latest Stories
Apprenticeship or University Degree?
As reported on Yahoo.com, the first year wage of tradespeople ($ 52,000) is even higher than the salary of university graduates ($ […]
Spanish uranium mining revived
Stock in London-listed Berkeley Resources added 9% after announcing a deal with Enusa – Spain's state-owned nuclear enterprise.
China’s bridge to Nowhere and Billiton is getting out’a Guinea: MINING.com’s top stories last week
MINING.com had record high traffic last week; it could've been the weather or it could've been the excellent authorship. Either way here are the favourite stories from last week:
Zimbabwe strike cripples diamond operations of military-backed Chinese firm
A strike by over a thousand employees of Anjin Investments has crippled the Chinese company's Zimbabwe-based diamond mine.
WTO probe ratchets up rare earth tensions with China
The World Trade Organization will investigate China's quotas and tariffs on rare earth minerals following prompting from the US, EU and Japan, who allege the export restrictions are in contravention of international trade regulations.
CFTC probe into silver manipulation could be over by September
The US Commodity Futures Trading Commission's (CFTC) four-year probe into manipulation of prices on the silver market could be over as soon as September, according to CFTC member Bart Chilton.
Canadian mid-tier gold miners present an investment bright spot
Mid-tier gold miners are outperforming industry giants by pursuing smaller project for lower costs. According to Julie Gordon writing for Reuters, modest-sized […]
Intrepid Mining plunges 55% on shadowy Indonesian ouster
Australia's Intrepid Mining (ASX:IAU) has seen its share price plunge after being summarily booted from a key copper project in Indonesia by powerful local business interests.