MINING.COM

Dud investments the norm for China’s state-owned companies, says former Rio Tinto exec

People should stop worrying about Chinese businesses buying up resource companies in Australia because the Chinese are no good at investing, says former Rio Tinto executive, Michael Komesaroff.

Marc Howe | July 30, 2012 | 5:56 pm

Strike gets Gold One to gut guidance

With an illegal strike on its hands Gold One has reduced its guidance, originally set at 300 000 oz, down to 250 000 oz.

Joshua Zapf | July 30, 2012 | 5:55 pm

Consol’s conveyor calamity

'Structural failure' at CONSOL Energy's mine and preparation plant in Pennsylvania has the company reporting that the Bailey and Enlow Fork mines could be fully impacted for the next two weeks.

Joshua Zapf | July 30, 2012 | 4:50 pm

Blackwood trading halt casts further doubt on Tinkler’s AUD$5 billion bid for Whitehaven Coal

A trading halt on Blackwood Corp (ASX:BWD) shares has cast further doubt upon Australian mining magnate Nathan Tinkler's audacious AUD$5.3 billion privatization bid for Whitehaven Coal (ASX:WHC).

Marc Howe | July 30, 2012 | 5:51 am

Tanzania demands 30% tax from gold miners on grounds of rising prices

The gold-rich African nation of Tanzania has introduced a 30% corporate tax for mining companies in operation for more than five years, stating that the move is justified by rising precious metal prices on the international market.

Marc Howe | July 30, 2012 | 5:10 am

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.

Marc Howe | July 30, 2012 | 5:01 am

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.

Marc Howe | July 30, 2012 | 4:18 am

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.

Marc Howe | July 30, 2012 | 2:55 am