MINING.COM

Olympic Dam decision pushed to the wire

If the board of the world's largest miner does not make a decision on the giant copper-gold-uranium-silver project in South Australia's outback by 8 December then it would lose all approvals and royalties concessions.

Frik Els | May 30, 2012 | 9:00 pm

Gold traders peer into bear territory before Spanic triggers buying

The raft of US economic numbers out this week and the stream of bad news emanating from Europe saw the gold price swing in a $40 an ounce range on Wednesday.

Frik Els | May 30, 2012 | 8:06 pm

Chile’s Codelco incoming boss in England to restart talks with Anglo

Chile’s Codelco new CEO, Thomas Keller, has traveled to London this week to hold talks with global miner Anglo American (LON:ALL), hoping to resolve a multi-billion dollar contract dispute between the parties.

Cecilia Jamasmie | May 30, 2012 | 6:34 pm

Infographic: The history of gold

Visualcapitalist has put together an infographic on the history of gold from the pharaohs to the Fed .

MINING.com Editor | May 30, 2012 | 5:30 pm

‘A decade of rising commodity prices is always followed by two decades of declines.’ Now you tell us!

Ruchir Sharma, head of emerging markets at Morgan Stanley, makes one of the most bearish statements yet on the end of the so-called commodity supercycle.

Frik Els | May 30, 2012 | 5:06 pm

Thousands of Spanish coal miners on indefinite strike and calling for massive protest tomorrow in Madrid

After a week of protests, Spanish coal miners have decided to go on indefinite strike amid fears their entire industry is about to go to the wall, after the government slashed the coal’s sector subsidy by two-thirds.

Cecilia Jamasmie | May 30, 2012 | 4:58 pm

Australia PM tells miners they don’t own minerals

Australian Prime Minister, Julia Gillard, warned the mining industry that nationals not only want, but also deserve a share of the nation's resources boom and reminded its leaders they don't "own" the minerals of the country.

Cecilia Jamasmie | May 30, 2012 | 4:11 pm

Mexico’s ICA acquires 51% of Peruvian construction services for the mining industry

Mexican construction company ICA said on Wednesday it would buy a 51% stake in in San Martín Contratistas Generales S.A., Peru's leading company dedicated principally to construction in the mining sector.

MINING.COM Staff Writer | May 30, 2012 | 3:39 pm

2012 Australian mining projects guide for job seekers

Australian Miner put together a guide for job seekers of mining positions in Down Under, which includes a total of 456 projects in the construction pipeline.

MINING.COM Staff Writer | May 30, 2012 | 2:44 pm

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