MINING.COM

Mining industry plans to invest $20 billion in renewable energy by 2020, forecasts Pike Research

According to a new report from Pike Research, worldwide investment by the mining industry on renewable energy and energy conservation will reach approximately $8.4 billion by 2016 and nearly $20 billion by 2020.

Business Wire Natural Resources News | May 18, 2012 | 3:37 am

Silvercorp sets records in China as it emerges from short and distort saga

Silvercorp Metals along with the rest of the silver sector jumped on Thursday as the price of the precious metal recovered from […]

Frik Els | May 18, 2012 | 12:27 am

Mining said to need ‘image makeover’ to attract workers. Paying average $40 an hour not enough

Despite paying the highest wages – average $40.42/hour vs a $25/hour across sectors – the mining industry faces an uphill struggle filling more than 100,000 new positions by 2021.

Frik Els | May 17, 2012 | 10:10 pm

Lack of Workers in Mongolia’s Mining Industry is caused by the Education System

Although there are nearly 50,000 job postings registered at the Mongolian Labor Exchange, the unemployment rate in the country is extremely high, […]

Susanne Iberle | May 17, 2012 | 9:40 pm

Mongolia legislates caps on foreign investment

Mongolia is capping foreign investment in certain industries, including mining, in an attempt to keep profits inside the mineral-rich nation's borders.

MINING.com Editor | May 17, 2012 | 9:02 pm

Gold: A dead cat bouncing or last chance to buy before Grexit and QE in the EU send prices rocketing?

If the EU joins the US in flooding the market with cheap money it will be a massive boon for gold. It is worth remembering that before the Fed kicked off QE1 on 16 December 2008 an ounce of gold was changing hands for $837.

Frik Els | May 17, 2012 | 8:16 pm

Expat execs in Africa: Without ‘danger pay’ how does the money stack up now?

Africa's economic indicators are all pointing up, but executive pay packages and living arrangements for expatriates are changing too.

Frik Els | May 17, 2012 | 8:00 pm

Coal miners rally against Biden in Ohio

Vice President Joe Biden, campaigning in Ohio, got a frosty reception from a group of coal miners opposed to the Obama Administration's anti-coal stance.

Andrew Topf | May 17, 2012 | 7:23 pm

Russian billionaire Prokhorov files for copper-nickel Toronto IPO

Move over Mark Zuckerberg. Russia’s Mikhail Prokhorov, who Forbes ranks as the 58th richest person globally, has filed a prospectus to list his Intergeo MMC in Toronto, announcing it the day before Facebook goes public.

Mining Weekly | May 17, 2012 | 6:55 pm

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