Worries mount over draconian Mongolian mining bill
"The impact of the draft law on the minerals industry will be to halt current minerals exploration and development in Mongolia and greatly discourage any future investment."
Latest Stories
SGS Announces Expansion of Geochemistry Laboratory in Bamako, Mali
The Bamako facility is strategically located to service the growing regional demand for geochemical testing from the West African gold exploration and mining industry.
Encanto Potash close to $700m/year Indian deal
Things are moving in the junior otash sector in Canada.
Red hot iron ore cools down as Chinese mills opt for cheaper domestic supplies
The move comes despite the nation’s coldest winter in 28 years which keeps domestic mines closed and local supplies limited.
Vale’s CEO bullish about iron ore in 2013
Murilo Ferreira, CEO of Brazil’s mining giant VALE (NYSE: VALE) said he expect less volatility in terms of iron prices for 2013
Western Australia’s gold sector in jeopardy
High exploration costs are to blame.
Fresh protests against Eldorado Gold’s Hellas mine in Greece
Citizens’ groups, backed by the radical leftist party Syriza that is now the second largest group in parliament, have been trying to wreck the project since 2011, when Eldorado was granted its exploration licence.
Alamos Gold makes $780 million takeover bid for Aurizon Mines
Alamos is after Aurizon’s only operating gold mine, Casa Berardi, in northern Quebec.
First Quantum and Inmet exchange ‘love letters’
First Quantum said Inmet is trying to sabotage the takeover, while Inmet suggested its counterpart’s complaints were dishonest.
