Gold equity funds post dire performance
Gold equity funds have posted a baneful performance in the past year despite firm gold prices and rich returns from gold ETF's.
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Platinum underperforms gold due to lack of respectable safe-haven status
Platinum's poor performance relative to gold of late may be due to its lack of status as a safe-haven investment and a credible means of storing value.
Funeral company brings fresh meaning to the phrase ‘diamonds are forever’
A US company is providing a novel new service to the recently bereaved by converting the remains of deceased loved ones into one of the world's most imperishable substances - genuine diamonds.
Indian miners accuse government of causing artifical iron ore shortage
India’s merchant miners have accused the Indian government of creating an ‘artificial’ shortage of iron ore via the imposition of high export […]
Fresh doubts over Olympic Dam as BHP freezes hiring
BHP's board was to make a decision on the $30 billion project this year, but a newspaper report over the weekend said a decision will not be made until 2014 and BHP's uranium division "confirmed the deferral and said a recruitment freeze was now in place".
One of the world’s oldest ruling dynasties threatened by platinum industry crisis
The Royal Bafokeng nation, who control vast parts of the platinum belt in the north west province of South Africa warned that earnings at its main investment vehicle could be down by between 52% and 62% over the first six months of 2012.
Mittal: Investing in mining, but not India or China
I'm not locating capital to India or China as I don't see things progressing there. We can't remain stuck, so we move on. Now our priority is to reduce debt, we sell non-core assets. But we continue to invest in mining and become self-dependent.
Feds quash 21-year old permit after coal mining restarted, overruling Alaska Natural Resources Dept
A coal mining permit issued in Alaska 21 years ago — but not utilized until recently — has been ruled as no longer valid by a US federal agency because the Alaska DNR “erroneously transferred and renewed invalid permits."
20 arrested after shutting down coal mine in West Virginia
Patriot Coal's Hobet mine was back in production by late afternoon.
