MINING.COM

China’s Zhongrun to nab 42% stake in Australian gold producer Noble Mineral

China's Zhongrun Resources Investment Corp is on track to acquire 42% of Australia's Noble Mineral Resources (ASX:NMG) for AUD$85 million as well as options to obtain a majority stake.

Marc Howe | September 27, 2012 | 3:59 am

French energy chief says Arctic oil is a pipe dream

The head of Paris-based energy giant Total is dismissive of the possibility of oil extraction in the Arctic.

Marc Howe | September 27, 2012 | 3:36 am

Post-correction upside for gold and silver is immense: Leeb

Famed money manager Stephen Leeb says the upside for both gold and silver after the price correction is immense.

Marc Howe | September 27, 2012 | 3:16 am

Tinkler toppled by debt woes and botched takeover bid

Nathan Tinkler's fortune has plunged by over 50% since last year causing the electrician-turned-mining magnate to tumble to second place on a list of Australia's richest young entrepreneurs.

Marc Howe | September 27, 2012 | 2:55 am

Aussie mining heiresses duke it out in court over Hope Downs deposits

The scions of two of Australia's leading mining dynasties are waging battle in court once again, this time over ownership of the Hope Downs iron ore deposits in Western Australia's mineral-rich Pilbara.

Marc Howe | September 27, 2012 | 1:54 am

South African mining stuck in ’19th century’

Former anti-Apartheid activist and Gold Fields board member Mamphela Ramphele has some harsh words for South Africa's mining bosses.

Frik Els | September 26, 2012 | 11:36 pm

After passing on Spanish copper Lundin could go shopping elsewhere

Lundin Mining Corporation (TSX:LUN) shed more than 3% on Wednesday after announcing that it does not intend to exercise its $80 million option to acquire 80% of a copper project in northern Spain.

Frik Els | September 26, 2012 | 11:03 pm

Iron ore consolidates as Chinese steel production drops again

Iron ore prices continued to trade in triple digits on Wednesday, adding $0.50 to $104.20 a tonne, as it appears to enter […]

Frik Els | September 26, 2012 | 10:13 pm

Belo Sun’s next challenge at Volta Grande: 2,000 illegal miners

Belo Sun's biggest challenge may not be convincing the indigenous Xingu people or Norte Energia, the owners of the Belo Monte hydroelectric project, that the gold mine is in their best interest.

Frik Els | September 26, 2012 | 9:21 pm

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