July 12, 2012

Mongolia kingmaker: ‘Fix’ Oyu Tolgoi ‘shadow masters’ and ‘scare to death’ Tavan Tolgoi oligarchs

The Facebook page of the junior partner in the likely ruling coalition post the Mongolian elections makes for scary reading.

July 11, 2012

More pain for SouthGobi shareholders

Embattled SouthGobi Resources (TSX:SGQ) shed over 4% on Wednesday bring its losses since April to 40%, after announcing its Mongolian subsidiary SGS has filed a notice of investment dispute with…

July 10, 2012

China data upsets markets, gold

Worries about China and the possibility of a hard landing weighed on markets and commodities.

July 10, 2012

Rio Tinto releases bunder project sustainable development report

Rio Tinto Diamonds has released the first sustainable development report for its diamond Bunder Project in India, due to begin commercial diamond production in 2016.

July 9, 2012

China still growing says Alcoa

Despite concerns that China may be slowing—or worse—aluminum giant Alcoa still sees robust demand in China for its products and pegs growth at 11% this year.

July 9, 2012

The Philippines hike mining royalties and expand bans

After months of intense debate among mining companies, environmentalists, local groups and church leaders, the government of the Philippines has decided to increase royalties from mining companies.

July 8, 2012

Papua New Guinea scares off another miner

As Papua New Guinea's sometimes shambolic elections drag on into a third week, already nervous miners with projects in the country would not have been encouraged by news of another…

July 7, 2012

Three mining firm staff abducted in Philippines set free

Suspected New People’s Army (NPA) rebels operating in northeastern Mindanao have released three personnel of a mining firm abducted from a site in Agusan del Sur. Earlier reports said the…

July 6, 2012

Another clue China’s economy is going soft: Vancouver home sales hit a 10-year low

The National Post reports that June home sales hit a 10-year low.

July 6, 2012

Kyrgyz Prime Minister visits Centerra’s Kumtor mine amid contract evaluation

On Friday Centerra Gold hosted a visit by the Kyrgyz Prime Minister Babanov to the Kumtor mine. The visit came a week after Kyrgyzstan authorities said they wanted to renegotiate…