April 19, 2012

Copper prices will hit bottom before rising in latter part of 2012

Copper prices will continue dipping but only until the middle of this year, at which point they should start rising again, according to the latest Thomson Reuters’ GFMS Copper Survey…

April 19, 2012

Mongolia’s ‘ninja’ miners help sate China’s lust for gold

In a hot, concrete hut filled with acetylene fumes, an elderly Mongolian miner struggles to contain her excitement as she plucks a sizzling inch-long nugget of gold from a grubby…

April 19, 2012

Indian diamond exports fall 17.3% as measures to curb ‘round-tripping’ bite

The imposition of a 2 percent import duty on cut and polished diamonds on January 17 this year resulted in a dramatic reduction by 17.3 percent of India’s polished diamond…

April 18, 2012

Gold, silver rebound on seasonal demand

Snapping a two-day losing trend, both the precious metals, gold and silver, recovered sharply in the national capital recently on emergence of buying by stockists at existing lower levels for…

April 18, 2012

Cambodia, once secret, is now open for business: Richard Stanger

Resource investors are always looking for the next untapped region and Richard Stanger thinks he has found it.

April 18, 2012

Indonesia readies ban on unprocessed metal-ore shipments

Indonesia, Southeast Asia’s largest economy, will proceed with a plan to ban exports of unprocessed metal ores including bauxite from next month, while confirming an exemption for producers that intend…

April 18, 2012

Australian miners seek business opportunities in Colombia

The mining boom that Colombia is experiencing has driven a group of Australian firms to visit the South American country and explore what the country has to offer in terms…

April 18, 2012

Legendary mining financier Robert Friedland quits Ivanhoe in Rio Tinto shake-up

Anglo-Australian mining giant Rio Tinto tightened its grip on Ivanhoe Mines as part of a $3.3 billion financing deal announced this morning, leading to the resignation of chief executive and…

April 18, 2012

Lynas putting Malaysian opposition to its operations behind it: analysts

Australian analysts from Foster Stockbroking say confidence in rare earths miner Lynas Corporation (ASX:LYC) is returning after the Malaysian High Court dismissed an appeal against the company's Advanced Materials Plant…

April 17, 2012

Freeport McMoRan ripe for takeout, analysts say

Freeport McMoran Copper & Gold is currently valued so low that it is an excellent target for a takeover, according to media reports today.