MINING.COM

Gold bumps up against $1,600, but weekend Spanic could see the running of the bullion bulls

Potentially gold-bullish developments this weekend include fresh economic data from China and shocks emanating from Europe as Spain attempts to shore up its banking system.

MINING.com Editor | June 8, 2012 | 10:50 pm

You too can help build Oyu Tolgoi: Rio Tinto offers Ivanhoe rights at 32% discount

Rio could end up with a much bigger chunk of Ivanhoe come July 19 – 260 million new shares are expected to be issued representing some 35% of Ivanhoe's current outstanding shares.

Frik Els | June 8, 2012 | 9:47 pm

The shareholders are revolting! Alberta Oilsands jumps after proxy battle is triggered

Alberta Oilsands (TSX-V:AOS) added 9% on Wednesday, after a group of "concerned shareholders" said they are filing a dissident circular and are in the process of mailing to shareholders of the tiny bitumen explorer a letter demanding the resignation of the board.

Frik Els | June 8, 2012 | 6:36 pm

Minerals Council of Australia accuses unions of racism

The Minerals Council of Australia (MCA) has condemned unions, saying they are running a nonsensical "race-based" campaign.

Cecilia Jamasmie | June 8, 2012 | 5:17 pm

Copper at a six month low after fears resurface about Chinese economy

Copper dropped sharply on Friday after China's decision to cut interest rates suddenly revived fears of a slowdown in the world's second largest economy.

Cecilia Jamasmie | June 8, 2012 | 4:32 pm

Anglo American’s $1.7 billion Grosvenor coal mine given state go-ahead

The London-based diversified miner wants to triple production of met coal in Australia over the next 8 years.

MINING.com Editor | June 8, 2012 | 4:31 pm

Dominican Republic: Sandy beaches, turquoise water and $58 billion waiting to be extracted

The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.

Cecilia Jamasmie | June 8, 2012 | 3:40 pm

Funding increased for Yucca Mountain review

An additional $10 million in funding has been approved for the Nuclear Regulatory Commission (NRC) to complete its review of the licence application for the Yucca Mountain repository. Last year, the NRC shelved the review after funding was slashed.

Jeremy Gordon | June 8, 2012 | 3:05 pm

Canadian government of Nunavut allows uranium mining

Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.

Cecilia Jamasmie | June 8, 2012 | 1:49 pm

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