MINING.COM

Eric Sprott cautions investors to fear the financial system

Sprott says it's time for people to take matters into their own hands and that means pushing further and further into precious metals equities as well as physical gold and silver.

The Gold Report | August 28, 2012 | 3:52 am

Gold miners beleagured by ‘exponential’ increase in costs

Gold miners confront costs which are 'increasing exponentially' according to Silver Doctors, with some predicting that gold prices will need to rise to $3,000 within five years in order for companies to stay profitable.

Marc Howe | August 28, 2012 | 3:31 am

China snaps up US assets

China's overseas buying spree continues unabated, with companies upping the pace of their US asset purchases.

Marc Howe | August 28, 2012 | 2:46 am

Rio Tinto unveils its first Indian diamonds

Mining giant Rio Tinto (LSE:/NYSE:/ASX:RIO) has unveiled its inaugural set of jewelry made using diamonds from its Bunder mine project in India's Madhya Pradesh.

Marc Howe | August 28, 2012 | 2:24 am

Delaware court upholds $2bn Southern Copper judgment

Delaware's highest court has upheld a decision by a lower court to award $2 billion to Southern Copper Corp (NYSE:SCCO) following Southern's overpayment for Minera Mexico.

Marc Howe | August 28, 2012 | 1:45 am

China’s push for end to Aussie iron ore boom

Jeffrey Wilson of Murdoch University's Asia Research Centre examines China's pivotal role in the boom and possible bust of Australia's iron ore sector.

Marc Howe | August 28, 2012 | 12:54 am

Nobody knows where the $334 million Zimbabwe sold in diamonds last year ended up

The boom in Zimbabwe ‘s diamond industry has not translated into improved living standards for ordinary citizens, as proceeds from gems’ sales benefit a few politically connected individuals and finance undercover security operations, AllAfrica.com reports.

Cecilia Jamasmie | August 27, 2012 | 7:17 pm

VIDEO: Reasons the US needs a better mining permitting process

ermitting delays are hindering United States’ economic growth, says The National Mining Association (NMA), which estimates the nations sits on nearly $6.2 trillion worth of key undeveloped mineral resources, such as gold and copper.

Cecilia Jamasmie | August 27, 2012 | 6:07 pm

Chinese acquired Canadian gold miner Inter-Citic for $252 million

Inter-Citic Minerals Inc. (TSX:ICI) stocks soared over a third Monday after the company revealed it was being acquired by a subsidiary of China-based Western Mining Group, in a deal that values the Canadian gold miner at $252 (Cd$250) million.

Cecilia Jamasmie | August 27, 2012 | 5:54 pm

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