MINING.COM

China’s Sino Iron mine in Australia just got $2 billon more expensive

The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.

Cecilia Jamasmie | July 21, 2012 | 3:39 pm

Two solar power plants to relieve mining sector’s power needs in Chile

As subsidies for renewable energy are falling in the depressed European economies, which represent the world's largest market for solar technology, manufacturers have started looking to new markets and Chile seems to be the most attractive one.

Cecilia Jamasmie | July 21, 2012 | 12:00 pm

London 2012: And the 92.5% silver gold medal goes to…

Making the 2012 Olympic gold medal from pure gold would amount to $22,000 per medal at Friday's closing price of $1,585 an ounce. Event organizers baulked and opted for a mix of silver, a few grams of gold and copper for winning athletes.

Frik Els | July 21, 2012 | 12:20 am

Something made a hole in Mars

NASA’s Astronomy Picture of the Day this week gave an indication of how much there still is to explore just in our […]

Frik Els | July 20, 2012 | 7:58 pm

David Letterman unloads on fracking

The CBS Late Show host does not like hydraulic fracturing.

Michael Allan McCrae | July 20, 2012 | 7:45 pm

Copper drops on China construction worries, but producers remain bullish

"Mine disruptions, falling grades at existing mines, delays of constructing new mines are all really supportive."

Frik Els | July 20, 2012 | 7:19 pm

New gold mining technology to boost South African miners efficiency

A new method of underground gold mining, being tested by AngloGold Ashanti, is filling headlines in the country, as the method has the potential to reverse the decline in South Africa’s gold output.

MINING.COM Staff Writer | July 20, 2012 | 6:11 pm

Freeport to start $4 billion Peru’s copper mine expansion in 2013

Freeport-McMoRan Copper & Gold (NYSE: FCX) will start its $4 billion mill expansion at the Cerro Verde copper operation in Peru next year, said CEO Richard Adkerson a conference call to discuss second quarter results published Thursday.

Cecilia Jamasmie | July 20, 2012 | 5:48 pm