Australian miner Xstrata Coal is pulling out of the Donkin Mine project, which promised to employ as many as 300 people in Cape Breton, Eastern Canada, by 2014.
Humanitarian funds raised by Randgold Resources chief executive Mark Bristow's trans-African motorcycle safari in 2010 have been used to make a food donation to people in the north of Mali, which has been afflicted by an uprising by Touareg rebels.
Blueglass, an internet marketing agency, produced the following infographic tracing the history of gold investing. Readers are asked to draw their own conclusions as to whether gold is a suitable investment tool.
Mount Kellett Capital Management, a 20% shareholder in Baja Mining (TSX:BAJ), has escalated the war of words between the two companies by demanding the resignation of Baja CEO John Greenslade following a damning announcement of cost overruns at Baja's Boleo project.
Declines in Chinese rare earth export prices coming off 2011's record highs have been stark. But this year some light REEs have halved again and some heavies are now almost $2,500/kg cheaper.