Gold exploration activities drop 55%
IntierraRMG report says gold exploration activity has been trending downward for more than a year.
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Chile is the world’s 3rd largest copper mining investment destination
Only behind behind Canada and Australia.
Aussie unions up in arms over BHP’s 100% FIFO policy
BHP’s decision to use a 100% fly-in fly-out (FIFO) workforce at its Australian Bowen Basin coal mines, instead of hiring from the local community, is generating fierce opposition in Central Queensland.
Aluminum chief first senior executive to leave Glencore Xstrata
The unconfirmed news came as a surprise for analysts as Fegel was reconfirmed in the post only weeks ago.
Federal Reserve chief shows no signs of ending stimulus policy
He says the central bank's easy-money policies are still necessary.
Copper peaks to six-week high on supply concerns due to Grasberg suspension
It reached $7,525, its highest level since April 12.
John Paulson-backed Detour Gold raises $153 million for Ontario mine
Detour Lake gold mine is expected to hit production by 2013 Q3.
Fiji moves toward deep sea mining tests
Tests are expected in the next two or three years.
Commodity supercycle is essentially over: Citigroup
Group expects 2013 to be year in which “the death bells ring for the commodity supercycle after its duly noted sunset.”
