Turquoise Hill suspends Oyu Tolgoi expansion, moves forward with $2.4 billion rights offering
Financing arrangements with the Mongolian government have so far failed.
Latest Stories
‘Yellen may not understand gold, but gold understands Yellen’
Gold price builds on gains after Fed chair nominee Janet Yellen echoes Bernanke's befuddlement over how to value gold.
World’s largest orange diamond breaks record: sold for $36m
The gem set a world record price per carat for any diamond sold at auction, as well as a world record price for an orange diamond.
Here’s why John Paulson has protesters outside his house every Sunday
With a 16% stake in Gabriel Resources', Paulson is the controversial miner's biggest individual investor
Mongolia splashes out on Washington lobbyists
$50,000 a month to promote new foreign investor friendly law.
Study links copper intake to cancer cells growth
Researchers probed that copper in drinking water – given at the maximum levels permitted in public water supplies – accelerated the growth of tumours in mice.
Lawmakers stall vote on bill that will open door to US largest copper mine
Resolution Copper mine —a 55%-45% joint venture between Rio Tinto and BHP— is expected to create 3,700 direct and indirect jobs and bring over $61 billion in economic benefits to Arizona over its 66-year life.
Gold demand plummets to four-year low
It dropped 21% in Q3, marking what several analysts consider a solid proof of the end of gold’s decade-long bull run.
K+S to cut costs by $670 million
Farmers around the world are holding off on potash orders, worried that prices will fall further still.
