MINING.COM

Barclays opened precious metals vault in London

British bank Barclays opened its first precious metals vault on the outskirts of London that caters to institutional investors, sovereign-wealth funds, central banks and commercial banks.

Cecilia Jamasmie | September 29, 2012 | 5:38 pm

Ancient Buddhist statue found in Tibet carved from meteorite

A Buddha statue looted by Nazis in Tibet in the 1930s was carved from the Chinga meteorite, which crashed to the Earth 15,000 years ago, revealed Elmar Buchner of the Planetology Institute at Stuttgart University.

Cecilia Jamasmie | September 29, 2012 | 4:34 pm

Rio Tinto unveils $5.5 million necklace made with its Argyle diamonds

Rio Tinto’s Argyle pink diamonds have been combined for the first time with imperial jade in a piece of jewellery. The necklace, known as The Argyle Empress, was designed by luxury jeweller Chow Tai Fook and is valued at $5.5 million.

Cecilia Jamasmie | September 29, 2012 | 3:31 pm

Over $2 million in gold and gems stolen from US museum

About $2 million worth of gold nuggets and precious gems were stolen Friday afternoon from the Californian Mariposa Mining and Mineral Museum.

Cecilia Jamasmie | September 29, 2012 | 3:09 pm

Toyota tries on the mining helmet: buys lithium deposit in Argentina

Toyota, one of the leading automakers in the world, bought this week a 25% stake in Salar de Olaroz lithium and potassium project in Argentina to ensure supply for it growing electric cars division.

Cecilia Jamasmie | September 29, 2012 | 2:30 pm

Latin America poised to become uranium superpower

Uranium exploration and production is on a fast track in Latin American, as investors begin to realize that a few small-cap companies are controlling deposits that could be worth billions of dollars.

Cecilia Jamasmie | September 29, 2012 | 12:05 pm

Hope for Modern Mining in South Africa: Launch of Wits Mining Research Institute (WMRI)

As the University of Witwatersrand announced, the new Wits Mining Research Institute (WMRI) was launched on Thursday by Mineral Resources Minister Susan […]

Susanne Iberle | September 28, 2012 | 11:17 pm

Harmony says Wafi-Golpu could support $9.8 billion mine

Harmony Gold says the Wafi-Golpu deposit in PNG could support a $9.8 billion mine with peak annual production of 560,000 gold ounces and 335,000 tonnes of copper.

Frik Els | September 28, 2012 | 8:54 pm

Grasberg ethics slap, royalty hike, state control tussle can’t stop Freeport’s upward march

The counter is up 25% since July 25 when news first emerged that Indonesia has "requested" 51% of Grasberg, the world's largest gold and number three copper mine.

Frik Els | September 28, 2012 | 7:22 pm

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