August 14, 2012

Entree Gold reports on second quarter 2012

"Both of our senior projects are advancing rapidly. During the second quarter, Rio Tinto confirmed its funding for Phase 1 and Phase 2 construction of the Oyu Tolgoi mining complex."

August 12, 2012

Coal India board may approve changes in model FSA

Coal India board is likely to approve on Monday the model fuel supply agreement (FSA) to be signed with power firms, with significant changes in the penalty clause for failing…

August 12, 2012

Mining hits farm sector in India’s Sandur: Study

Rampant illegal mining conducted in Sandur taluk of Bellary district has caused an enormous damage to the environment, health of human beings and animals over the last decade, a recent…

August 12, 2012

China’s main gold miner posts gloomy results

Zijin Mining Group Co, China's largest gold producer by output, said Saturday that its net profits slumped 19.95 percent year-on-year in the first half of 2012 as the world's economic…

August 11, 2012

Myanmar is open for business and ready for a gold rush

Myanmar —until recently called Burma— is slowly but steadily starting to attract foreign investment, driven mainly by international resource firms eager to tap into the mineral-rich South East Asia's country.

August 10, 2012

Analysts say dump Lynas

Analysts from Foster Stockbroking told investors to purge their shares in rare earths miner Lynas Corporation as there is no end in sight for the ongoing problems that have forced…

August 9, 2012

Meet China’s new rare earth mega-company

China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner, the new “mega-corporation” will “team up” with rare earth…

August 8, 2012

Foreign investors are pulling money out of India’s state-controlled metals and mining firms

India's economy is growing at its slowest pace in nine years and investor confidence has also been eroded by the current government's frequent policy u-turns, corruption scandals and power blackouts.

August 8, 2012

Rio Tinto banking on China rebound as profits drop 34%

Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.

August 7, 2012

Investors cheer Ivanhoe one last time

After 13 years as a listed entity Tuesday was the last hooray for IVN – a favourite of resource stock investors who enjoyed a 5% gain on the day.