China amassing ‘absolutely shocking’ amount of gold
Storied money manager Stephen Leeb says China is acquiring as much gold as it possibly can in a spate of 'controlled desperation.'
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G-Resources pours first gold at Indonesia’s Martabe mine
The Hong Kong-listed miner said on Wednesday that the start of production at Martabe marked a significant milestone for the company.
Botswana Diamonds recovers first gem at Libongo project in Cameroon
Botswana Diamonds has recovered a 2-carat, low value, near gem quality stone, which confirms the diamondiferous potential of the deposit.
Haiti $20 billion untouched mineral wealth to help the country out of poverty
Two and a half years after an earthquake devastated Haiti, killing more than 300,000, the country could use a windfall to help in its rebuilding efforts. Now, thanks to its mineral wealth, Haiti could begin making its way out of being one of Latin America’s poorest countries.
China cracks down on illegal rare earth mines in Guangdong province
Police in the southern Chinese province of Guangdong announced on Tuesday that they have shut down nine rare earth mines operating illegally in Longchuan county over the past six months.
Atlas Iron on track to double production by end of 2013
Western Austalia's Atlas Iron Limited (ASX:AGO) increased shipments by 25% in the second quarter and is well on its way to doubling production by the end of 2012.
Rinehart would pass government test for media ownership
Mining magnate Gina Rinehart would pass a proposed public interest test for ownership of media outlets according to the Australia government's Communications Minister Stephen Conroy.
Northern Iron surges as Indians fatten offer
Shares in Australia's Northern Iron (ASX:NFE) surged by around 38% in Tuesday trading, on news that India's Aditya Birla Group had increased its takeover offer by 4%, bringing the bid to USD$532 Million.
Australia sees mass exodus of drillers to Africa
Australia's drilling industry is in the doldrums following a large-scale exodus of companies to Africa in pursuit of surveying projects.