July 1, 2012

Japan restarts first nuclear reactor since crisis

Ohi nuclear plant’s reactor No. 3 was restarted on Sunday, the first nuclear reactor to power back up after Fukushima nuclear disaster.

June 30, 2012

Ignore the market jump, a reckoning is coming: Jim Rogers

Jim Rogers poured cold water on Friday's stock rally after European leaders agreed to backstop more debt-stricken banks. The S&P 500 jumped 2.49% on Friday, and spot gold was up…

June 29, 2012

Investors stock up on Ivanhoe Mines before IVN disappears from the boards for good

Ivanhoe Mines was up 7.6% in afternoon trade on Friday after the company provided an update on its Oyu Tolgoi project in Mongolia and announced shareholders had approved a name…

June 29, 2012

Opposition victory in Mongolia vote promises greater share of mining profits for citizens

The opposition Democratic Party declared victory in yesterday’s parliamentary elections over Mongolia’s ruling party in a highly disputed election that focused on how to better share profits from a conflict-ridden…

June 29, 2012

Japan utilities reject calls to abandon nuclear

Japan's nine nuclear power utilities have rejected calls from some of their shareholders to reduce or even eliminate the use of nuclear energy. Tokyo Electric Power Co's shareholders approved a…

June 29, 2012

Woulfe Mining strategic agreement update

In regard to its Korean-based mining project, the Woulfe press release states, " there is no extra 60 days in the deal with our strategic partner and it is on…

June 28, 2012

Nautilus sinks to fresh lows as PNG elections descend into shambles

Nautilus Minerals, locked in a dispute with Papua New Guinea over ownership of the world's first sea-floor mine, dropped 9.7% on Thursday, hurt by news of violence, kidnapping, vote rigging…

June 28, 2012

Centerra Gold’s shares tumble as director resigns

Shares of Centerra Gold fell 16% by midday after an announcement that one of its directors had quit.

June 28, 2012

China Gold International picks up a Zambian miner for $20.4 million

China Gold International Resources is acquiring China Nonferrous Mining Corporation Limited for HK$155.1 million.

June 27, 2012

Lithium miner betting on smart phones

With the Samsung Galaxy III on the horizon and the iPhone 5 not far behind, the lithium battery market is forecast to quadruple to $43 billion.