India restricts gold imports further
Indian banks must set aside 20% of gold imports for export purposes.
Latest Stories
Scientists urge 50 percent protection of boreal forest: ‘Amazon of the north’
"Although 80 per cent of the boreal is intact, only 10 per cent of the 1.2 billion acres is protected."
Amplats swings back to profit despite strikes, restructuring
The platinum giant is, however, cutting at least 6,000 jobs.
Bumi sees stock plummet in first day of trading after suspension
Halt was triggered by the coal miner’s failure to publish its 2012 audited full-year results.
Gold breaks through $1,330
Less than two weeks ago gold was as low as $1,211 per ounce.
Zambia lets First Quantum restart dam project halted since May
The dam is key for the supply of water to the company’s Sentinel copper mine and the planned Enterprise nickel project.
Rio cuts 78 jobs at Argyle diamond mine in Australia
Measure only affects temporary construction workforce providing administrative, advisory and mining services.
Metso Strengthens its Position in Chinese Grinding Market with the Vertical, Energy Saving Technology
Anshan Iron and Steel Group Corporation chose Metso's vertical grinding mills for their new iron ore project
Large miners affected by cost of desalinating water in Chile: twice as much as in the US
Along with the global squeeze affecting the mining industry, large companies operating in Chile are facing escalating costs related to assuring water supply for their operations.
