Chinese gold imports near record
Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 101.7 tonnes in April, up 62%.
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Canadian and US-based groups shut websites to protest Harper’s pro-oil stance
Environmental and activist groups in Canada fold up their websites for a day on Monday to protest the government policies that will make it easier to build pipelines to transport oil from Alberta’s enormous oil sands.
Gold rally loses steam
After a dramatic trading day on Friday when gold shot almost $60 an ounce higher, Monday turned out to be soggy affair for the precious metal with no fresh news to drive the market.
Mining policy vacuum in Philippines is stifling investment
The national government should promptly address uncertainties now hounding the mining industry due to the former’s unclear policy towards the sector the Chamber of Mines of the Philippines says.
35-carat stone on display in the Tower of London to mark the Queen’s Diamond Jubilee
Steinmetz Diamond, a diamond brand from the De Beers group, put a 35.60 carat pink-brown diamond on display in the Tower of London on Monday, as part of the celebration of Queen Elizabeth II’s Diamond Jubilee.
U.S. grants Zimbabwe officials visas for blood diamond meet despite rights concerns, sanctions
The Obama administration has granted visas to two senior officials from Zimbabwe to attend a meeting of an international body charged with monitoring and preventing the sale of blood diamonds, despite human rights concerns and financial sanctions against the pair.
Canada’s metals and mining companies are all smiles: survey
The first Canadian mid-market chief financial officer (CFO) survey published today by GE Capital, shows that local metals and mining companies are extremely positive about the current state of the industry, but less optimistic about the state of the world economy.
Metso to supply big mining crushers to Codelco in Chile
Metso has signed a contract with Codelco, Chile's State-owned mining company, to supply big cone crushers for a process improvement project in the Chuquicamata division. The contract also includes an automatic control system for crushers delivered by Metso.
China to tax sale and production of rare earth
China is looking to allocate a value-added tax (VAT) permit to all rare earth companies in a desperate effort to curb resource plundering, dangerous artisanal mining and widespread pollution, as well as collecting revenue.
