June 7, 2012

Churchill’s legal problems a warning to others in Indonesia

After having their assets seized without due compensation, the London based Churchill Mining, filed a law suit against the island nation for $1.8 billion.

June 6, 2012

Global mining industry profits and shares went different ways in 2011: PwC

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

June 6, 2012

Discovery of world’s largest tungsten mine sends Chinese stocks skyrocketing

Shares of China's tungsten companies climbed on Wednesday after the country’s Ministry of Land and Resources announced the discovery of the world's largest tungsten mine in east province of Jiangxi.

June 6, 2012

Ross Beaty laments Argentina, says the commodity supercycle is still intact

Ross Beaty, the founder of Pan America Silver and Equinox Resources, is not cowed by the bad economic news. He looks at the markets and still sees opportunity.

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.