MINING.COM

How to get rich in outer space: a visual guide

Recent developments show that becoming rich by profiting of the minerals that asteroids, stars and unknown planets have to offer it is closer than ever. Before it is too late, check this infographic on how to profit in the new Space Age.

Cecilia Jamasmie | July 16, 2012 | 3:38 pm

UK’s imminent sale of uranium producer to bring in billions

British taxpayers could net as much as $4.6 billion with the government’s sale of its stake in nuclear power giant Urenco, a move which aims to solidify the country’s policy to end national ownership of nuclear businesses.

Cecilia Jamasmie | July 16, 2012 | 2:55 pm

The mining boom in Australia is over, or is it?

This was the year for Australia’s mining boom Martin Ferguson hinted on Monday. The Resources Minister highlighted the end of the high commodity prices era that will force the country’s industry to increase its productivity and develop new technologies in order to remain competitive.

Cecilia Jamasmie | July 16, 2012 | 1:34 pm

Australia’s mining success places Great Barrier Reef in peril

The unprecedented success of Australia's mining sector, which enabled the country to successfully weather the financial crisis and has triggered a surge in the Aussie dollar, may have caused irreparable damage to the Great Barrier Reef

MINING.COM Staff Writer | July 16, 2012 | 12:08 pm

Tinkler pursues Whitehaven Coal bid in wake of share plunge

Former electrician turned mining tycoon Nathan Tinkler has issued a further bid for the remainder of Australia's Whitehaven Coal Ltd., following a 17% plunge in the company's shares since Tinkler's first offer for the company on June 13.

Marc Howe | July 16, 2012 | 11:57 am

China’s Zijin Mining obtains regulatory approval for Norton Gold takeover

Zijin Mining Group (HK:2899), China’s largest gold producer, announced on Friday that its bid for Australia’s Norton Gold Fields Limited (ASX:NGF) had successfully obtained approval from Australian regulators.

Marc Howe | July 16, 2012 | 11:53 am

Commodities guru Bill O’Neill says crude oil has bottomed out

Bill O'Neill, former director of commodities research at Merrill Lynch, has said in a recent interview that crude oil prices have bottomed out, and that he expects a desultory recovery in prices from the third quarter of 2012 to the first quarter of next year.

Marc Howe | July 16, 2012 | 11:51 am

Gold manipulation ‘next big scandal to break,’ ‘more scandalous than Libor’

One of the UK’s leading broadsheets has castigated the manipulation of gold prices by key market players, saying that the issue could explode into a bigger scandal than the Libor rate manipulation controversy.

Marc Howe | July 16, 2012 | 12:52 am

Glencore obtains government go-ahead for $6.1 billion Viterra bid

Swiss commodity supplier Glencore International obtained approval from the Canadian federal government on Sunday for its application to buy up Canadian agribusiness titan Viterra Inc., bringing the $6.1 billion deal that much closer to completion.

Marc Howe | July 16, 2012 | 12:49 am

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