May 31, 2013

New accident jeopardizes Freeport’s Indonesian copper supply

Strained relations between the company and labour unions casts doubt on whether the mine will be able to ship to customers.

May 31, 2013

State of emergency in Kyrgyzstan as protest against Centerra turns violent

92 arrested, at least 50 injured and thousands still protesting.

May 31, 2013

Israel thwarting West Bank mining

Palestinian stonemasons want more digging licenses.

May 30, 2013

Briolette diamond sells for $11m in Hong Kong

The sum set a new record for that particular style of gem.

May 30, 2013

Centerra Gold suspends Kumtor Mine operations

The national grid power supply to its flagship Kumtor mine in Kyrgyzstan has been disrupted by local protesters who have been blocking the road leading to the site.

May 30, 2013

Numbers don’t lie: Aussie capex drops, mining boom is over

Capital expenditure in mining peaked last year, stabilized in the second half of 2012 and then plunged steeply in the March quarter, wiping almost $1.5 billion off Australia's quarterly output.

May 30, 2013

China’s top utilities protest plan to ban low-grade coal imports

The big utilities have only just begun to see their thermal power businesses turn profitable after hemorrhaging billions over the past five years due to soaring coal prices.

May 30, 2013

Asian gold demand to hit all-time quarterly high: World Gold Council

Taken together, China and India account for more than half of consumer bullion demand worldwide.

May 29, 2013

Freeport reopens pit mining at Grasberg in Indonesia

Underground mining is still suspended while a safety inspection is conducted.

May 29, 2013

Understanding gold market dynamics

By treating the gold market as if it were comprised of just one type of investor, analysts have drawn false conclusions about the recent volatility.