Except for gold and oil, commodities finish down in 2011
Most commodities, except for the heavyweights gold and oil, are poised for a down year in 2011, the first fall for this sector since the financial crisis hit in 2008.
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Australian company submits EIS for US$300 million gold-silver project in Chile
Australian Laguna Resources (ASX: LRC) has submitted an environmental impact study (EIS) to Chile’s Environment Ministry's evaluation service for its US$300 million Arqueros gold-silver project in the north of the country.
Hindustan Copper awards contract to 3 Chinese companies to develop copper mines in India
Three Chinese companies are part of consortiums that have bagged Rs 1,800-crore worth of five contracts awarded by state-owned Hindustan Copper to raise its production four-fold to 12 million tonnes over the next five years.
UK coal industry plans for cheaper, reliable and sustainable power
Britain’s coal producers have tabled a five-point plan that they say “will give the nation’s electricity users cheaper, reliable and sustainable power supplies whilst safeguarding jobs, stimulating investment and reducing energy imports.”
Professional Numismatists Guild members predict gold, silver up in 2012, but estimates vary
(Temecula, California) -- How will gold, silver and other precious metals perform in 2012?
Gold drops below $1,550
Gold is ringing out the year on a sour note, dropping below $1,550/oz and losing nearly 10% of its value in the last month.
Coal or koalas? Australia’s new dilemma
When Singapore-based OGL Resources Limited (ASX:OGL) announced its plans to reopen the Ebenezer Coal Mine west of Brisbane next year, little did it know that koala lovers would take them to the Supreme Court.
Using a 350-tonne mining excavator to wash a car
Cleaning a car using a mining excavator instead of washing by hand is certainly quicker, but results may vary.