Bad weather hits Alacer Gold Q1 output, but 2012 outlook rises
While Alacer reports lacklustre production in the fourth quarter due to poor weather conditions in Turkey, it increases overall guidance for the year.
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South African mining industry at a crossroads: Webber Wentzel
The South African mining industry, the backbone of the country’s US$357 billion economy, is at a crossroads, says Johannesburg-based international legal powerhouse Webber Wentzel in the article “Whither the South African mining industry?” published late March.
$1,700 gold needed before fresh buying is likely
Gold prices traded less than 1% off yesterday's high on Friday morning as European markets remained broadly flat.
Xstrata threatens Australian marketing company with defamation over spoof of anti mining taxes campaign
Mumbrella may face defamation charges from Xstrata Coal after it published a parody video of the anti mining taxes campaign, re-launched last week by The Minerals Council of Australia.
All aboard the Chinese iron express: BHP joins Rio Tinto and Vale in new trading platform
Diversified miner BHP Billiton (NYSE:RIO) today became the third iron giant to join the new China Beijing Metals Exchange (CBMX), only a few days after competitors Vale (NYSE:VALE) and Rio Tinto (NYSE:RIO) did the same.
Vale’s latest business sounds fishy, in a good way
Brazilian mining giant Vale has taken the concept of mining diversification to a new level by announcing that it will start raising fish by its Sudbury, Canada, location.
Avanti pops 20% after securing $640 million loan for moly mine
Avanti shares rose 20% Thursday after the Vancouver company secured $640 million in financing for its Kitsault molybdenum mine.
ENRC swallows Kazakhstan coal producer for $600 million
Eurasian Natural Resources Corporation (ENRC) has paid US$600 million for the remaining 75% of Kazakhstan coal producer Shubarkol Komir.
Gold miners vs ETFs. Round 2
Should gold mining companies pay dividends to attract investors who are pouring money into gold-backed exchange traded funds?