November 8, 2012

Pentagon and Toyota seek to overcome China’s rare earth strangehold

The US Department of Defense and Japanese automaker Toyota (NYSE:TM) have embarked upon simultaneous bids to overcome China's strangehold on rare earth metals via the development of North American supply…

November 7, 2012

China Gold examining potential takeover of African Barrick Gold

China's largest gold producer, China Gold Group, announced yesterday that it will be accelerating its overseas acquisitions to secure resources abroad.

November 7, 2012

Obama election win boosts bullion prices and gold-related shares

Gold prices and gold-related shares have witnessed impressive gains following President Barack Obama's second-term election win.

November 7, 2012

China’s overseas mining and metals M&A’s surge in value, momentum set to persist through next year

The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.

November 6, 2012

Molycorp sues contractor for over $45 million

Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over…

November 6, 2012

WTO to decide on China-EU solar power dispute

The ongoing battle over renewable energy between China and the European Union got a lot worse Monday, after Beijing filed a complaint to the World Trade Organization charging the EU…

November 6, 2012

Chinese jewelers spread inland spurred by spike in consumer demand for gold

China's jewelry stores are expanding into smaller inland cities as demand for gold rises amongst the country's increasingly affluent consumer base.

November 5, 2012

B.C. unions go to court over Chinese miners

Two major unions of the Canadian province of British Columbia have applied to have the Federal Court overturn a decision to allow about 200 foreign workers work at HD Mining…

November 5, 2012

Rio Tinto to Oyu Tolgoi mine: Let there be light

After months of difficulties, Rio Tinto’s (LON:RIO) flagship Mongolian copper-gold mine, Oyu Tolgoi, will start producing early next year as the giant miner has finally solved the issue of power…

November 5, 2012

China transforming into gold bullion superpower on the sly

As rumors fly that leading Western economies have exhausted their gold hoards, China has become the world's biggest gold producer while also discretely accumulating bullion reserves.