Peru announces national strategy against illegal mining
Includes involvement of police and military forces.
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Goldcorp launches $2.6-billion hostile takeover offer for Osisko
If it goes through, Goldcorp will be the No. 1 gold producer in the Canadian province of Quebec.
Batista’s oil firm battle with shareholders gets ugly
Stakeholders say public prosecution is the only way to make Batista accountable, as he has strong ties with influential politicians, including President Dilma Roussef.
Iron ore price drops to 5-month low despite record Chinese imports
China increased imports of iron ore 10% last year to 820m tonnes, but a bigger jump in stockpiles and a flood of new supply have pushed prices down 3% this year.
Indonesia ban rocks nickel market
Against expectations of a last minute climbdown by authorities, Indonesia's nickel, bauxite and tin ore ban went into effect Sunday.
Mongolia sees Oyu Tolgoi deal this month
If Rio Tinto and Mongolia can reach a deal on a $6bn+ expansion of the copper-gold mine it would completely transform the Asian nation's economy.
Study: Acid mine drainage can help clean up, recycle fracking wastewater
Two wrongs sometimes can make a right.
Historic 1oz gold coin goes for $4.6 million at auction
Minted by Ephraim Brasher in 1787, a goldsmith and neighbour of George Washington, the coin contains 26.66 grams of gold.
China’s rare earth industry is still dominated by illegal operations
Despite a two year campaign aimed at cleaning the sector and removing all unlawful operations, China has admitted that its rare earth industry still suffers greatly from pollution, smuggling, and illegal mining.
