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When the price is right… China stocks up on copper

According to data posted on the website of the Chinese General Administration of Customs, the country reported robust commodities purchases in September as traders took advantage of falling prices. Chinese copper imports hit a 16-month high in September after increasing almost 12% from a month earlier to 380,526 metric tons as domestic stockpiles were reduced by almost half since March. Copper imports have now showed gains for the fourth month in a row.

Deloitte belatedly resigns as auditor of China’s Real Gold

Real Gold, which halted trading in its shares on May 27. is under investigation by the Securities and Futures Commission for corporate governance breaches. The miner's announcement to the Hong Kong stock exchange late on Thursday said it was lookin...

Online Geologist Education Campus Created

The Australian Institute of Geologists (AIG) and EduMine will establish an 'online campus' which provides geologists access to development resources.

According to AIG president Andrew Waltho, "there are a wide range of courses available, covering technical topics spanning a variety of geoscientific fields, to issues becoming increasing important to geoscientists particularly in the exploration sector such as building relationships with community stakeholders and earning a social licence to operate.

Legislators fight for mining rights near the Grand Canyon

Republican senators and members of congress introduced a bill to counter an effort by the Department of the Interior to remove mining rights from a region in northern Arizona, which borders Grand Canyon National Park. U.S. Senators John McCain (R-AZ), Orrin Hatch (R-UT) and Mike Lee (R-UT) and U.S. Congressmen Trent Franks (AZ-02), Rob Bishop (UT-01), Jeff Flake (AZ-06), Paul Gosar (AZ-01), David Schweikert (AZ-05) and Ben Quayle (AZ-03) unveiled the Northern Arizona Mining Continuity Act on Wednesday.

Crocodile Gold intersects high-grade mineralization at the Crosscourse deposit, Union Reefs: 8.89 grams/tonne gold over 12.3 meters and 14.83 grams/tonne gold over 2.1 meters

Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC) ("Crocodile Gold" or the "Company") is pleased to announce additional high grade intersections from a drill hole at Crosscourse Deposit, Union Reefs. The intersections were found in a broad zone of medium grade mineralization and numerous sections of visible gold were seen throughout the significant core length beneath the Crosscourse pit. The entire 181.2 meter length from 389.2 to 570.4 meters returned an average grade of 1.81 g/t Au.

White Tiger Gold and Century Mining combination gets a green light from Canadian regulators

The combination of White Tiger Gold (CVE:WTG) and Century Mining received approval on Wednesday from the Government of Canada under the Investment Canada Act. Century Mining will become an indirect subsidiary of White Tiger. "We appreciate the approval given by the Government of Canada. We are now one step closer to creating a larger, more diversified gold mining company with multiple properties in various stages of production and development in Canada, Russia, and Peru" said Daniel Major, President and Chief Executive Officer of Century and Dr. Geoffrey Cowley, Chief Executive Officer of White Tiger in a joint statement.

Gold works for both inflation and deflation

The World Gold Council release a video this summer introducing a study it commissioned on how well gold performed within someone's portfolio to protect against inflation and deflation. The findings showed that gold performed well under both scenarios, and works well as a hedge against extreme events.
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