MINING.COM

Gold is unleashed and it’s heading to $3,500: Jim Sinclair

Jim Sinclair, the man who called for $1,650 gold in 2001, writes that the recent events in England was the last chain holding back gold, and now bullion is heading higher, way higher.

Michael Allan McCrae | July 4, 2012 | 4:27 am

Gold boosted by global stimulus talk and Iranian sabre-rattling

Gold for August delivery settled up $24.10, or 1.5%, at $1,621.80 an ounce on the Comex division of the New York Mercantile Exchange on Tuesday, before turning slightly lower in after hours dealings.

Frik Els | July 3, 2012 | 11:29 pm

Copper market squeeze: It’s back!

On top of increased demand from China, the re-emergence of a trader controlling more than half of London Metal Exchange copper stocks and cash contracts could squeeze the market just as it did in April.

Frik Els | July 3, 2012 | 10:46 pm

The incredible shrinking merger: Glenstrata already worth $35 billion less

Knight Vinke is looking for a ratio of 3.25:1 similar to the demands of Qatar which last week pushed the $60 billion deal to the verge of collapse.

Frik Els | July 3, 2012 | 7:37 pm

India’s iron ore ban reviewed

The two-year old ban, which has effectively halved export from Karnataka, is under review at a meeting in Bangalore.

Joshua Zapf | July 3, 2012 | 6:13 pm

Copper projections showing strengthening demand

Now that China’s leaders have tamed inflation fears, they can focus once again on the country’s still immense needs for infrastructure, including ports and shipping facilities.

Roger Conrad - Investing Daily | July 3, 2012 | 5:18 pm

Collaboration between Essel Mining Industries and InSkills: Training Program in Joda-Brabil Region

As India PRwire reports, Essel Mining sponsors training for unskilled and semi-skilled people living in the Joda-Brabil region around the company’s project […]

Susanne Iberle | July 3, 2012 | 4:56 pm

Chile’s Codelco to invest $400 million in molybdenum plant

Chile-owned copper giant Codelco plans to invest $400 million in a molybdenum processing plant and to maximize its market value amid a legal dispute with global miner Anglo American.

Cecilia Jamasmie | July 3, 2012 | 4:52 pm