‘Gold-fanatic’ Chinese officer made some $5bn from bribes: report
Anti-graft advocates believe corruption in the Chinese military is so pervasive that it could undermine the nation’s ability to wage war.
Latest Stories
From Babylon to beyond – human rights development in mining
Whether it’s the development of a new mine in Central Africa or fracking in the English Home Counties, the scope for complex and sensitive human rights issues to arise is very real.
Trafigura bullish on strong results, hands $885m to top executives
The buyback was revealed in the company’s annual report, which showed improved operating profits in spite of difficult market conditions in the last two years.
Swedish iron ore miner Northland Resources goes bankrupt
Affected by anemic iron ore prices, the Swedish firm joins an increasing number of miners that have fallen by the wayside.
BHP Billiton spin-off named South32
The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.
China net gold import 1,212t Jan – Nov
Withdrawals from the Shanghai Gold Exchange (SGE) – currently the best indicator of Chinese wholesale demand – keep up a strong pace.
260+ million tonnes of iron ore discovered in Uganda
Uganda may become a more important player in the African iron ore market, after a recent geological survey revealed much bigger deposits of the steel-making ingredient than found during colonial mappings.
US mining can’t find workers fast enough
More than 36% of the jobs in mining and logging stay open for longer than three months.
Vale may settle Simandou lawsuit
Rio Tinto is suing Vale for billions over allegations the Brazilian giant and its former partner illegally acquired the West African iron ore deposit, one of the richest prizes in all of mining.
