Traders on the sidelines as gold consolidates above $1,600
After one of the year's lowest trading volumes – just over 90,000 lots – gold maintained levels reached after Friday's sharp rally.
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At least 30 coal carriers with unsold cargo floating off China’s coast
The drop-off in demand, exacerbated by high inventories thanks to a mild northern hemisphere winter and a surge in US exports have led to a collapse in thermal coal prices.
Webcast in August: Advanced Coal Preparation
The upcoming live webcast about advanced coal preparation will be presented by Dr. Maria E. Holuszko and provides knowledge of coal processing, […]
Major Drilling reports record annual and quarterly revenue
"Looking forward, the demand for drilling services from the senior mining houses continues to be strong."
Mining investment worth $50 billion in the balance as Peruvian lawmakers quit
Three lawmakers from President Ollanta Humala’s ruling Gana Peru party resigned on Monday over the government’s handling of protests against -Xstrata last week, warning that social and environmental protests are threatening billions of dollars of mining projects.
FT: EU’s efforts to cut red tape held up by anti-graft rules for mining companies
At the moment the draft legislation requires mining companies to disclose on a project-by-project basis what they pay local officials in foreign countries.
India’s state-owned ONGC considers $5 billion oil sands investment
Other bids for ConocoPhilips' oil sands assets expected as foreign money continues to pour into Alberta's oil patch.
Dumas Mining will be rocking and rolling at “Canada Sings” Tuesday night
Canadian supplier Dumas Mining has been working hard in the past few weeks, putting a lot of time and effort in a cause that has nothing to do with mining, except when it comes to passion and commitment.
First mining cluster in Chile to boost suppliers’ development and growth
Nine mining firms, both local and international, have joined forces to create a cluster that promotes the development of local businesses, which in turn should bolster the mining industry in the northern Chilean region of Antofagasta.