MINING.COM

India’s gold demand to drop 19% in 2012

The World Gold Council (WGC) expects India’s total demand for the yellow shiny metal in 2012 to be nearly 19% lower in 2012 than last year, mainly due to low consumption during first two quarters.

Cecilia Jamasmie | November 28, 2012 | 7:43 pm

Mining industry could save billions on capital projects – report

Mining and metals companies saw expenditures reach over $140 billion in 2012, but a study published Wednesday by consultants at Accenture (NYSE: ACN) indicates the sum could have been considerably lower.

Cecilia Jamasmie | November 28, 2012 | 6:05 pm

Sandvik implements further structural measures and adjusts capacity and costs

The new Sandvik strategy presented in September 2011 laid out the path toward a strengthened market leadership position based on four cornerstones.

Sandvik | November 28, 2012 | 5:59 pm

Goldquest drops one-third again after releasing more drill results

Company closes at 50 cents on Tuesday

Michael Allan McCrae | November 28, 2012 | 5:54 pm

INFOGRAPHIC: Silver supply and demand

Traditional uses of silver only account for about a third of silver fabrication. This Infographic explains what happens to the other two-thirds.

Cecilia Jamasmie | November 28, 2012 | 4:57 pm

China resubmits deal to acquire Canada’s Nexen to US regulator

In an unusual move, Chinese state-owned CNOOC and Canada’s Nexen Inc. (NYSE,TSX:NXY) have resubmitted notice of their potential deal to US regulators, which will reset the clock on Washington’s approval for the $15 billion energy deal.

Cecilia Jamasmie | November 28, 2012 | 3:32 pm

Barrick to inject $2 billion to Pascua-Lama in 2013

Canada’s Barrick Gold (NYSE, TSX: ABX) will invest about $2 billion in Argentina next year mainly to advance construction at its massive Pascua-Lama gold-silver project, straddling the border with Chile.

Cecilia Jamasmie | November 28, 2012 | 2:50 pm

‪Investcorp sells truck parts unit for $1 billion

Persian Gulf-based Investcorp said on Tuesday it had sold US truck and trailer parts distributor FleetPride to TPG, one of the largest private equity investment firms, for more than $1 billion.

Cecilia Jamasmie | November 28, 2012 | 11:55 am