MINING.COM

Latest on South Africa mine clashes: 44 dead, 78 injured, 259 arrested

A standoff between hundreds of strikers wielding pangas and sticks at London-listed Lonmin's Marikana mine ended when police began firing on a surging crowds leaving many dead.

Frik Els | August 17, 2012 | 1:52 pm

Anglo American completes acquisition of De Beers

Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.

MINING.com Editor | August 17, 2012 | 1:14 pm

John Paulson’s huge bet on gold

Buckle up John Paulson investors. Bloomberg reports that the billionaire hedge fund manager has put 44% of his firms assets into gold.

Michael Allan McCrae | August 17, 2012 | 6:09 am

Central banks double last year’s gold buys

Central banks demand for gold in the second quarter reached 157.2 tonnes, a record high and more than double last year's Q2.

Michael Allan McCrae | August 17, 2012 | 5:30 am

Company donates Heavy Equipment for Training Program

As kamloopsnews.ca reports, the Thomas Rivers University received current-model machines for their training program for heavy equipment operators. The donation, made by […]

Susanne Iberle | August 16, 2012 | 11:18 pm

And you thought Molycorp had it tough: Some Chinese REE miners report 90% drop in earnings

Downstream companies are playing a wait and see game, hoping to capitalize if rare earth prices decline further.

Frik Els | August 16, 2012 | 10:49 pm

China and India go soft on gold as worldwide demand sinks 7% in Q2

Worldwide demand for gold in the second quarter of 2012 fell to 990.0t, down 7% in comparison to last year said the […]

Michael Allan McCrae | August 16, 2012 | 9:51 pm

Obama and Buffett are anti-market fascists: Rick Rule

Attention-getter Rick Rule had choice words when asked about Warren Buffett, who said that President Barack Obama is “not anti-business.” “There is […]

Michael Allan McCrae | August 16, 2012 | 9:09 pm