April 13, 2012

Minerals Council of Australia restarts anti tax ad campaign

The Minerals Council of Australia (MCA) resumed today an ad campaign initially launched in July last year, attacking alleged hikes on the federal government's mining and carbon taxes.

April 12, 2012

Top analysts see copper rising even as China slows

The third consecutive annual copper shortage and accelerating U.S. growth will drive prices to the highest in a year in the next quarter, according to the most accurate forecasters.

April 12, 2012

Indonesia not only wants to own foreign mining co’s, now it will impose higher taxes on them too

Indonesia wants to have its mining cake and eat it too, as the country, one of the world's largest exporters of copper and coal, will speed up a tax on…

April 12, 2012

World Bank trims China’s growth outlook

The World Bank cut its growth forecast for China on Thursday, adding to warnings the world’s second-largest economy might slow too abruptly, and said Beijing should be ready to launch…

April 12, 2012

Lynas wins a battle, but war with Malaysians who oppose rare earth plant goes on

In what could be considered a slight victory for embattled Australian rare earths miner Lynas Corporation (ASX:LYC), the Malaysian High Court ruled today against a request to review a recent…

April 12, 2012

New high grade silver/zinc hits on Kalgoorlie’s doorstep

Junior explorer McPhersons Resources is hoping to exploit the strong silver price to develop a mine on the southern doorstep to Australia's historic gold mining capital of Kalgoorlie.

April 11, 2012

Look ma, no rare earths

Hitachi has built an 11-kilowatt motor that uses no rare earth materials. The motor took four years to develop, and commercial production is expected in two years.

April 11, 2012

How serious are China and India about their gold?

Despite the Dow Jones Industrial Average and the S&P 500 suffering their worst day of the year on Tuesday, precious metals were able to decouple and climb higher.

April 11, 2012

1/2-million ounce gold reserve confirmed at Tembang, Sumatra

Sumatra Copper & Gold has released a new reserve estimate for its Tembang gold-silver project in southern Sumatra, Indonesia.

April 11, 2012

BHP Billiton to permanently close Norwich Park coal mine

BMA have today announced it will cease production at the Norwich Park coal mine.