MINING.COM

Freaky Friday looms for gold

Gold faces a crucial test in the coming holiday-shortened week with crucial US jobs numbers out on Friday and the ongoing Eurozone crisis making or breaking the yellow metal's assault on $1,600 and higher.

Frik Els | May 27, 2012 | 9:26 pm

Granted first ever right to hire foreign workers Friday. Saturday shuns 14,000 locals queuing at jobs expo

Gina Rinehart's Hancock Prospecting which is hiring 1,700 foreign workers for the Roy Hill iron mine were absent from the Australian mining association job fair in Perth and so were the $9.8 billion project's main contractors.

Frik Els | May 27, 2012 | 6:22 pm

Bodies of 10 illegal diamond miners recovered in South Africa

The bodies of 10 illegal miners were pulled from a collapsed tunnel at a disused diamond mine in South Africa's Northern Cape province De Beers announced late on Saturday.

MINING.com Editor | May 27, 2012 | 5:59 pm

Beijing iron exchange handled only 8 transactions in its first 3 weeks

It has been a slow start for China’s first physical iron ore trading platform which was launched with the idea that it would give China greater influence on the price of the commodity.

Frik Els | May 27, 2012 | 12:55 am

Bloomberg: Gold boom spreading mercury as 15 million miners exposed

Bloomberg has a devastating in-depth report on the impact of gold mining in a small town in Colombia called Segovia where "almost 100 shops refine the gold that prospectors bring down from the foothills of the Andes Mountains"

MINING.com Editor | May 27, 2012 | 12:35 am

UK greens warn of a return to era of ‘dirty coal’

Coal-fired power stations trialling 'carbon capture' technology could be exempt from regulations.

The Independent | May 26, 2012 | 11:36 pm

Harper is right: Foreign radicals are after the oil sands

“There is political manipulation. There is influence peddling. There are millions of dollars crossing borders masquerading as charitable donations.”

Globe and Mail | May 26, 2012 | 8:25 pm

Judge lifts restraining order to allow mining to resume at W.Va. surface mine

A federal judge has lifted a temporary restraining order to allow continued mining operations at the Nellis surface mine in Boone County, W.Va., which is owned by Penn Virginia Resource Partners LP's Loadout LLC unit.

SNL Financial | May 26, 2012 | 8:16 pm

Dip buyers send gold higher

Gold traders did some value hunting ahead of the long weekend, sending the yellow metal to a two-day winning streak ahead of the Memorial Day weekend.

Traders Huddle | May 25, 2012 | 11:07 pm

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