Copper prices gain on stimulus hopes
Copper rose to a one-week high in Monday trading on heightened expectations of stimulus packages following the release of weak Chinese data.
Latest Stories
Giant female nude statue is made from coal waste
A reclining female nude made from waste rock from a closed coal mine was opened in England by Princess Anne on Monday.
Five people shot at Gold One – police confirm
Police spokesperson, Captain Pinky Tsinyane, has confirmed a shooting incident at Gold One’s Modder East operations today that has left 4 people […]
Anti-coal activists abseil down the front of parliament
A group of protestors from anti-coal group Quit Coal have staged a dramatic protest in the Australian city of Melbourne today, abseiling down the front of the state parliament building and chaining themselves to its pillars.
China embarks upon wave of mine closures following colliery deaths
The Chinese government has announced it will shut hundreds of small mines this year in an effort to boost safety standards following a colliery accident in Sichuan province which has so far left 45 people dead.
Barrick Gold hit with fines by ASIC
Eight of Barrick Gold's Australian subsidiaries have received fines totaling AUD$127,000 for failure to lodge required documents with the Australian Securities and Investments Commission (ASIC).
Rinehart stands to lose $9 billion on plunge in iron ore prices
Gina Rinehart could be down AUD$9 billion due to the decline in iron ore prices arriving just as the Australian mining tycoon pursues an expensive new development.
Could iron ore prices stage an early comeback?
Analysts predict a recovery in the price of iron ore this month following a dive in spot prices below key lower thresholds which has left the shares of major Australian miners languishing in the doldrums.
Thousands marched against cyanide use in gold mining
Over 10,000 of environmentalists took the streets of Raub, in the Malaysian state of Pahang on Sunday, to oppose the use of cyanide at the nearby Bukit Koman gold mine, which they claim has been using the chemical compound to the detriment of their health.