June 5, 2012

Frontline Gold submits application for operating license on the Menderes project; plans to complete further soil sampling

If accepted the license will allow the company to hold permits for a further 10 years and continue its exploration at the Menderes site in Turkey.

June 5, 2012

Are Indian consumers really falling out of love with gold? – Survey

Gold demand in India, one of the world's leading buyers, is likely to fall by at least 4% in volume in 2012, as higher inflation trims disposable local income, according…

June 5, 2012

Potash stocks led by Mosaic and Potash Corp. hit annual lows on financial worries

Stocks of major fertilizer producers Mosaic and Potash Corp hit their lowest levels in almost two years on Monday, in what is considered yet another sign the commodity “supercycle” is…

June 4, 2012

Mining policy vacuum in Philippines is stifling investment

The national government should promptly address uncertainties now hounding the mining industry due to the former’s unclear policy towards the sector the Chamber of Mines of the Philippines says.

June 4, 2012

With gold hitting new rupee high, ETFs sparkle

With the underlying metal crossing Rs 30,000 per 10 gm, gold exchange traded funds (ETFs) are scorching the market.

June 4, 2012

WCB Resources Ltd. announces highly encouraging initial rock sample results, Misima EL1747

WCB Resources Ltd. has entered into an exploration agreement with Pan Pacific Copper on Misima Island, Papua New Guinea with encouraging results.

June 4, 2012

China to tax sale and production of rare earth

China is looking to allocate a value-added tax (VAT) permit to all rare earth companies in a desperate effort to curb resource plundering, dangerous artisanal mining and widespread pollution, as…

June 3, 2012

Cashing in on Japan’s debt conundrum?

On the heels of Fitch's sovereign credit downgrade to A plus (the fifth-highest investment grade), Japan's government debt continues to swell.

June 3, 2012

Gold futures may consolidate, rise higher

Comex gold futures ended higher on Friday its biggest one-day rise in more than three years, as a surprisingly weak US payrolls report added to fears about a global economic…

June 1, 2012

Global growth shocks drop copper to 2012 low

Copper suffered another sharp drop in New York on Friday with traders reacting to bad economic news from the US in the form of dismal jobs numbers, a crisis in…