MINING.COM

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

Cecilia Jamasmie | October 26, 2012 | 4:09 pm

Chinese Premier’s $2.7 billion fortune thanks largely to his wife ‘the Queen of Diamonds’ – report

Chinese Premier Wen Jiabao has accumulated vast wealth during his time in power, but reports of his $2.7 billion fortune —and the influence of his wife, Zhang Beili, the "Queen of China's Diamonds"— have been blocked in China.

Cecilia Jamasmie | October 26, 2012 | 3:20 pm

African Barrick Gold sinks on disappointing Q3 results

Shares in London-listed African Barrick Gold (LON:ABG) were falling by over 4% on Friday after rising costs and dipping production impacted the miner’s Q3 profit.

Cecilia Jamasmie | October 26, 2012 | 2:35 pm

Inmet sweetens bid for gold miner Petaquilla by 25%

Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) confirmed late Thursday it is studying an upgraded and final takeover offer by Inmet Mining Corp. (TSX:IMN), which is now offering about 25% more than $112-million it previously proposed.

Cecilia Jamasmie | October 26, 2012 | 12:54 pm

Horse killing triggers violence at Chinese mine in Kyrgyzstan

A violent confrontation has erupted between Chinese nationals and local residents at a gold mine in the Central Asian republic of Kyrgyzstan.

Marc Howe | October 26, 2012 | 5:35 am

Germany’s gold vaults exhausted a decade ago: Turk

Precious metals expert James Turk says that all of Germany's gold stocks have been exhausted by leasing into the broader marketplace.

Marc Howe | October 26, 2012 | 3:59 am

Whitehaven shuts Sunnyside on declines in coal prices

Aussie miner Whitehaven Coal (ASX:WHC) has announced the indefinite suspension of operations at its Sunnyside mine near Gunnedah in New South Wales. […]

Marc Howe | October 26, 2012 | 12:20 am

Indonesian businessman warns foreigners of local investment perils

A prominent Indonesian businessman has warned foreign miners of the perils of investing in his own country over the next two years due to new laws which curb overseas ownership.

Marc Howe | October 26, 2012 | 12:00 am

Potash Corp profits plunge on drop in exports to China and India

Potash Corp of Saskatchewan (TSX:POT) has seen third quarter earnings plunge 22% due to a sharp decline in exports of the key fertilizer ingredient to China and India.

Marc Howe | October 25, 2012 | 10:56 pm

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