MINING.COM

Athabasca confirms oil sands venture

Athabasca Oil Corp. (TSX:ATH) confirmed Friday that it is in the preliminary stages of establishing a joint venture for two of its Alberta oil sands assets, but it declined to identify its partner.

Cecilia Jamasmie | August 31, 2012 | 6:58 pm

South African strikes spread, hit Gold Fields

Mining workers dissatisfaction in South Africa has now hit the country's second-largest gold producer, Gold Fields Ld. as about 12,000 employees downed tools at the KDC mine, on Johannesburg's West Rand.

Cecilia Jamasmie | August 31, 2012 | 2:09 pm

India looks for rare earths under the sea

India is already building a rare-earth mineral processing plant in the east coast state of Orissa and will invest $135 million in a new exploration ship and the refurbishing of another vessel to mine minerals under its oceans.

Cecilia Jamasmie | August 31, 2012 | 1:27 pm

Ten compelling reasons to invest in silver

Goldsilver.com has put up a compelling list of the top ten reasons that savvy investors should be moving into silver.

Marc Howe | August 31, 2012 | 5:22 am

Diving iron ore prices drag Aussie miners lower

A recent dive in iron ore prices spurred by China's slowing economy has dragged down the share prices of major Australian miners.

Marc Howe | August 31, 2012 | 4:12 am

Fortescue chief raises stake in company by AUD$39 million as iron ore prices plunge

The founder and chairman of Fortescue Metals Group (ASX:FMG) Andrew Forrest raised his stake in the company by AUD$39 million this week amidst declines in the prices of both Fortescue shares and iron ore.

Marc Howe | August 31, 2012 | 1:58 am

Tibetan nomads clash with gold miners over sacred mountain

Tibetan nomads in China's vast inland province of Qinghai have clashed with Chinese gold miners in attempts to defend a mountain considered sacred by local religious beliefs.

Marc Howe | August 31, 2012 | 12:42 am