MINING.COM

Mozambique ports struggling to handle load

A lack of cranes, tractors, tugs and other port equipment is affecting the productivity and efficiency of the ports of Beira and Nacala in Mozambique, which can handle only 35% of their export loads.

MiningReview.com | July 4, 2012 | 3:33 pm

Anti-Newmont protests in Peru force government to declare a state of emergency

At least three people were killed and 20 injured in northern Peru yesterday after a clash between police and protesters opposed to the $5 billion Conga gold mine planned by Newmont Mining in the northern region of Cajamarca.

Cecilia Jamasmie | July 4, 2012 | 2:03 pm

Not enough women in mining: report

In a report published this week, the Government of New South Wales concluded that women are underrepresented in the high paying industries of mining and construction and increasing their involvement is still a big challenge.

Cecilia Jamasmie | July 4, 2012 | 1:23 pm

Glaciers stop progress of Barrick Gold’s mining plans in Argentina

The world's largest gold company, Barrick Gold, suffered a major setback Tuesday as the Argentine National Supreme Court reversed preliminary injunctions on glacier protection law, now back in full force for all mining companies.

Cecilia Jamasmie | July 4, 2012 | 12:35 pm

Barrick Gold suffers legal reversal in Argentina

The Canadian Press is reporting that Barrick Gold (NYSE:ABX) was handed a setback by Argentina's supreme court, which brought back some glacier protection laws that the mining giant had until now sidestepped.

Michael Allan McCrae | July 4, 2012 | 6:02 am

Coeur d’Alene withdraws $350 million note offering due to weak markets

Coeur d'Alene Mines (NYSE:CDE) says that the captial markets have deteriorated, and the silver miner won't be proceeding with its previously announced debt offering.

Michael Allan McCrae | July 4, 2012 | 5:39 am

Gold is unleashed and it’s heading to $3,500: Jim Sinclair

Jim Sinclair, the man who called for $1,650 gold in 2001, writes that the recent events in England was the last chain holding back gold, and now bullion is heading higher, way higher.

Michael Allan McCrae | July 4, 2012 | 4:27 am

Gold boosted by global stimulus talk and Iranian sabre-rattling

Gold for August delivery settled up $24.10, or 1.5%, at $1,621.80 an ounce on the Comex division of the New York Mercantile Exchange on Tuesday, before turning slightly lower in after hours dealings.

Frik Els | July 3, 2012 | 11:29 pm

Copper market squeeze: It’s back!

On top of increased demand from China, the re-emergence of a trader controlling more than half of London Metal Exchange copper stocks and cash contracts could squeeze the market just as it did in April.

Frik Els | July 3, 2012 | 10:46 pm

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