July 1, 2012

Gold imports could rise by 20 pct in 2nd half: Bullion association

The second half of this year may see 20 percent increase in gold imports to 300 tonnes over the first six months, a bullion association has said.

July 1, 2012

Zambales leaders reject coal plant

Zambales leaders on Friday rejected plans for the construction of a 600-megawatt coal-fired plant here, during a public hearing that was arranged by a consortium of energy firms to convince…

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.