MINING.COM

Randgold shares plunge almost 13% after military coup in Mali

Randgold Resources (LON:RRS, NASDAQ:GOLD) shares fell close to 13% this morning after a military coup in Mali, where the company has three gold mines that account for most of its bullion production.

Cecilia Jamasmie | March 22, 2012 | 12:54 pm

China eyes Canadian uranium mines

Takeover activity is poised to heat up in the Canadian uranium sector as energy-hungry China hunts for feedstock to fuel its growing family of nuclear reactors.

Globe and Mail | March 22, 2012 | 5:40 am

LME copper falls after China factory activity shrinks

London copper futures turned negative on Thursday, after manufacturing data on China that showed factory activity in the world's top metals consumer shrank for a fifth month.

sharenet | March 22, 2012 | 4:09 am

Next week’s Canadian budget will be good for mining, oilsands

The Canadian federal budget due to be released next week will please miners and the oil patch and is likely to make environmental groups see red, not green.

Andrew Topf | March 21, 2012 | 9:48 pm

A clash over mining and water

A plan to dig a vast copper mine in arid southern Arizona is pitting the needs of American industry — and arguably the national economy — against a coalition of local residents and environmentalists.

The New York Times | March 21, 2012 | 7:59 pm

Aussie tax may have silver lining in higher coal, iron ore prices

The 30% tax on iron ore and coal producers passed by the Australian government may raise the prices of those commodities but will also shrink margins of steelmakers, analysts say.

Andrew Topf | March 21, 2012 | 7:34 pm

Thirteen year old gold sale has cost UK GBP11 billion

Gordon Brown's sale of 400 tons of gold in 1999 has cost the United Kingdom GBP11 billion, said the Chancellor of the Exchequer, George Osborne, in his 2012 budget speech.

Michael Allan McCrae | March 21, 2012 | 7:27 pm

Appalachian coal fights for survival

Coal mining in Appalachia has survived deadly explosions, the Great Depression and the country’s largest armed insurrection since the Civil War. The latest threat is booming shale-gas production.

Financial Post | March 21, 2012 | 7:09 pm

Codelco experimenting with ‘biomining’ in Chile

BBC News reports on new technology used for mining copper in Chile. Biosigma, a joint venture between Codelco and Nippon Metals and Mining, is experimenting with microbes that break down copper at higher recovery rates and reduce operating costs:

Andrew Topf | March 21, 2012 | 7:02 pm

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