MINING.COM

CNOOC-Nexen: China’s swoop shows sweet timing as Canadian crude discount halves

Despite a steep drop in the price of crude on Monday with US benchmark West Texas Intermediate down almost 4% in afternoon trade at $88.55, the price oil sands producers receive has improved dramatically since the start of July.

Frik Els | July 23, 2012 | 7:50 pm

Dynasty Metals’ processing plant robbed at gunpoint

A group of armed robbers gained access to the site and escaped with dore bars worth over $2 million.

Joshua Zapf | July 23, 2012 | 7:00 pm

Investors dig 16% hole in African Barrick after Tanzania costs jump 43%

The Tanzanian-focused miner blamed the cost of generating its own electricity – which it has to do "more and more" – for the increase in costs.

Frik Els | July 23, 2012 | 5:24 pm

Gold prices on hold as the US dollar strengthens

Our acquisition programme has been on hold for some time now as gold and silver prices consolidated and the mining sector failed to sparkle. Gold has temporarily been sidelined by the pantomime that is European politics.

Bob Kirtley - Gold-Prices.biz | July 23, 2012 | 5:08 pm

Chinese investors fleeced of billions by gold futures ring

A gold-futures trading ring in China's central province of Henan has fleeced more than 5,000 investors of over RMB380 billion ($58.62).

Marc Howe | July 23, 2012 | 3:20 pm

2012 International MINExpo

So big that it only happens once every four years – The MINExpo is back at the Las Vegas Convention Center and MINING.com will be there.

Joshua Zapf | July 23, 2012 | 2:57 pm

Summer shopping opportunities for mining equities abound

Equity valuations have so far failed to keep pace with rising bullion prices, but that makes for some outstanding investor opportunities among a few particularly well-positioned juniors that Rick Mills identifies as running ahead of the herd this summer.

The Gold Report | July 23, 2012 | 12:19 pm

Iron mines imperil the Tasmanian devil

Iron ore mines slated for development in Tasmania's Tarkine region could imperil the survival of the only robust Tasmanian devil population still left in the wild.

Marc Howe | July 23, 2012 | 2:37 am