December 14, 2011

Indonesian workers, Freeport agree on wage hike to end three-month strike

Indonesian workers at Freeport-McMoRan’s largest gold and copper mine said they were ready to end a three-month strike after the company reportedly agreed to a 37 percent wage hike.

December 13, 2011

Rio Tinto wins battle against Ivanhoe’s ‘poison pill’ rights plan

An arbitrator has ruled that a "poison pill" rights plan erected by Ivanhoe to try and stop a Rio Tinto takeover, does not apply to the latter, leaving Ivanhoe vulnerable…

December 12, 2011

Australia’s former Prime Minister says not to sell uranium

SMH reported Australia's former primer minister says its current prime minister is dead wrong to sell uranium to India.

December 12, 2011

East Asia minerals facing litigation in Indonesia

Vancouver’s East Asia Minerals Corp. (TSX V:EAS) informed its shareholders Friday that it has been named as a defendant in a civil claim filed by PT Atlas Mineral Exploration in…

December 11, 2011

Coal outlook dim, indecision makes it dimmer

Embroiled in one controversy after another, the Manmohan Singh government’s time and attention have been consumed by efforts to put out the […]

December 9, 2011

Gold bar sales outstripping jewellery in India

Retail demand for kilo and 100 gram gold bars is not just limited to India rich anymore, as savvy investors buy gold bars on dips and sell them for a…

December 9, 2011

India’s coal imports jump

Coal imports in September rose 51% from a year ago period to 2.65 million tonnes, with the country deliberating importing large quantities of the fuel.

December 9, 2011

Indian politicians appeal to accusations of illegal mining

December 8, 2011

With these gold rings I thee wed… bullion hits record high in rupee

Gold today rallied to an all-time high of Rs 29,540 per 10 grams in the bullion market here by adding Rs 240 on the back of marriage season demand amid…

December 8, 2011

Japan’s Gold Exports Most Since 1985 as Individuals Sell Jewelry, Bars

Gold shipments from Japan, the world’s third-largest economy, are at the highest level since at least 1985 as individuals who purchased jewelry more than 20 years ago are selling it…