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…

June 1, 2012

Nautilus dispute with Papua New Guinea to delay or even cancel underwater mining dreams

Canada-based Nautilus Minerals Inc. said its Solwara 1 underwater copper project could be delayed or even cancelled due to a dispute with Papua New Guinea over the mine ownership agreement.

May 30, 2012

Increasing demand from China could see diamonds sparkle, says Merrill Lynch

An increase in demand from Chinese consumers could make diamonds an attractive proposition for investors, according to Bank of America Merrill Lynch

May 30, 2012

Singapore iron ore platform off to brisk start

Miner BHP Billiton sold two cargoes of iron ore via the GlobalOre trading platform that debuted on Wednesday, traders said, heralding the start of competition with top iron ore importer…

May 30, 2012

China mulling undersea mineral exploration

China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.

May 29, 2012

Silvercorp says work interrupted at mine in China

Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner, said Monday that production at its flagship silver-lead-zinc Ying Mine will be interrupted for about five days as a result…

May 29, 2012

Freeport McMoRan: Labour dispute and lower copper prices pressuring stock

I'm not all that thrilled to be owning Freeport McMoRan Copper & Gold (FCX) right now. While the company's stock has tended to be highly correlated to the price of…

May 29, 2012

$6.4 billion Alpha Coal Project given go-ahead

The Newman Government has given the green light to what will be one of Australia’s biggest mines, the $6.4 billion Alpha Coal Project in Queensland’s Galilee Basin.

May 28, 2012

Market Chatter: Oil India Eyes Stake in ConocoPhillips’ Canada Oil Sands

State-run explorer Oil India is looking at buying stake in ConocoPhillips' (COP.N) oil sand assets in Canada, as well as the Gabon assets of France's Maurel et Prom, Finance Director…