MINING.COM

Peruvian mining millionaires allegedly trafficking cocaine

U.S. authorities announced yesterday the seizure of more than $31 million supposedly connected to an international money-laundering scheme run by the owners of two gold mines in Peru.

Cecilia Jamasmie | October 11, 2012 | 6:42 pm

Iron ore pulls back from $120 despite fresh Chinese infrastructure spending

The country's railways ministry is upping its investment for a third time this year – the annual budget for 2012 is now a round $100 billion.

Frik Els | October 11, 2012 | 6:18 pm

VIDEO: The female mind and the gold standard

Just when you thought all possible arguments for and against the gold standard have been covered...

Frik Els | October 11, 2012 | 4:50 pm

Osisko reaches record Q3 gold production

Canadian gold miner Osisko (TSX:OSK)(EWX.F) achieved record third-quarter gold production at 103,753 oz. from its Malartic mine, in Quebec – a quarter-on-quarter increase of 12.77%.

Cecilia Jamasmie | October 11, 2012 | 4:32 pm

Pollutants in water near fracking facility in line with EPA findings

New tests of water nearby natural-gas-drilling sites in Pavillion, Wyoming, shows toxins similar to the ones found last year that are linked to hydraulic fracturing —or fracking—, according to the U.S. Environmental Protection Agency (EPA).

Cecilia Jamasmie | October 11, 2012 | 3:19 pm

South African gold miners reject wage offer

Striking gold miners have rejected the industry's latest wage offer, the National Union of Mineworkers (NUM) said on Thursday, confirming mining companies’ fears of labour unrest lasting longer than expected.

Cecilia Jamasmie | October 11, 2012 | 2:04 pm

Gold mining cash cost figures: Are they for real?

A more standardized, "all-in" cost figure has been proposed, to include operating costs, sustaining capital expenditures, and general and administrative costs.

Stockhouse Bulletin Boards | October 11, 2012 | 1:26 pm

Yale researchers discover diamond planet twice the size of the Earth

A team of U.S-Franco scientists led by Yale University hit the jackpot by discovering not just another celestial body near the Earth, but one that it is likely to be covered in diamonds and it is twice the size of our planet.

Cecilia Jamasmie | October 11, 2012 | 1:05 pm