January 9, 2012

Silvercorp Sues Jon R. Carnes, His EOS Holdings and Zane Heilig as "Alfred Little"/"IFRA" in Silvercorp Amended New York Lawsuit

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) today filed an amended lawsuit in the Supreme Court of the State of New York, County of New York, adding EOS Holdings…

January 9, 2012

Yanzhou/ Gloucester Coal merger has big chance of success – UBS

Financial adviser UBS reckons there should be few obstacles in the way of the proposed A$2 billion merger of Chinese miner Yanzhou Coal and Australia's Gloucester Coal.

January 9, 2012

China’s Minmetals offer to buy Anvil Mining shares extended to mid February

China’s Minmetals Resources Ltd has, once again, extended its $1.3 billion takeover offer for Africa-focused copper miner Anvil Mining Ltd (TSX:AVM) to Feb. 16. This is the third time that…

January 8, 2012

Two Chinese officials prosecuted over mining accidents

Xinhua quoted local work safety authorities said twelve officials have been prosecuted for alleged dereliction of duty over two mining accidents that killed 31 people in southwest China Guizhou province…

January 8, 2012

‘Dragons’ to lead China’s gold sales in 2012

Dragon year gold bars, coins hot favourite among world's second largest gold consumer.

January 7, 2012

Joy Global Inc. announces tender offer for remaining shares of China-based International Mining Machinery Holdings Ltd.

Joy Global Inc. (NYSE:JOY) ("Joy Global") a worldwide leader in high productivity mining solutions today announced the commencement of a tender offer for the remaining outstanding shares of International Mining…

January 6, 2012

Victims’ families to get 780,000 yuan in compensation in coal collapse in SW China

A coal mine yard in southwest Yunnan Province has reached a compensation agreement with the victims' families over an accident that killed nine on Tuesday, local authorities said Thursday.

January 6, 2012

Everything you have ever wanted to know about gold: illustrated

NumberSleuth produced a fantastic gold infographic illustrating all the major trends: how much above-ground gold (gold that has been mined) is there in all the world, and how much gold…

January 5, 2012

Collapse at coal mine in southwestern China kills 9

Nine workers have been killed and two others are injured after a collapse at a coal mine in southwestern China, local authorities said on Thursday.

January 5, 2012

China builds first 200-million-ton coal base

Shenhua Shendong Coal Group Corporation produced 202 million tons of commercial coal in 2011, becoming the first 200-million-ton commercial coal production base in China.