Glenstrata takes shape this week
The prospectus giving details of the creation of a $90 billion mining and commodities trading behemoth will find its way to the inboxes of shareholders this week.
Latest Stories
Return to the Rio Tinto
If there is one mining project anywhere in the world that could warrant the old Hollywood blockbuster title of Back to the Future it must be EMED Mining’s Rio Tinto copper venture in Andalucía, Spain.
Freaky Friday looms for gold
Gold faces a crucial test in the coming holiday-shortened week with crucial US jobs numbers out on Friday and the ongoing Eurozone crisis making or breaking the yellow metal's assault on $1,600 and higher.
Granted first ever right to hire foreign workers Friday. Saturday shuns 14,000 locals queuing at jobs expo
Gina Rinehart's Hancock Prospecting which is hiring 1,700 foreign workers for the Roy Hill iron mine were absent from the Australian mining association job fair in Perth and so were the $9.8 billion project's main contractors.
Bodies of 10 illegal diamond miners recovered in South Africa
The bodies of 10 illegal miners were pulled from a collapsed tunnel at a disused diamond mine in South Africa's Northern Cape province De Beers announced late on Saturday.
Beijing iron exchange handled only 8 transactions in its first 3 weeks
It has been a slow start for China’s first physical iron ore trading platform which was launched with the idea that it would give China greater influence on the price of the commodity.
Bloomberg: Gold boom spreading mercury as 15 million miners exposed
Bloomberg has a devastating in-depth report on the impact of gold mining in a small town in Colombia called Segovia where "almost 100 shops refine the gold that prospectors bring down from the foothills of the Andes Mountains"
UK greens warn of a return to era of ‘dirty coal’
Coal-fired power stations trialling 'carbon capture' technology could be exempt from regulations.
Harper is right: Foreign radicals are after the oil sands
“There is political manipulation. There is influence peddling. There are millions of dollars crossing borders masquerading as charitable donations.”
