September 29, 2014

London Mining shares collapse on funding fears

The iron ore producer warned it did not have sufficient cash to operate Marampa, its only mine.

September 29, 2014

Singapore kilobar gold trading to debut mid-Oct

Moves seeks to establish Singapore as centre for precious metals after the government removed 7% goods and services tax on investment-grade gold, silver and platinum in October 2012.

September 26, 2014

Miners ordered to hand back land to natives in Colombia

The ruling, which affects 11 gold mining companies, is the first of its kind in the South American nation.

September 26, 2014

Canadian researchers modernize solar power with nano gold technology

Scientists have discovered that a small molecule created with just 144 atoms of gold can increase solar cell performance by more than 10%.

September 26, 2014

World Gold Council bullish on demand, ETFs role

Industry body sees demand rising as economic growth lifts consumers’ incomes.

September 26, 2014

Aussie court stops Palmer’s firm attempt to axe Citic Pacific mining rights

Today’s interim injunction prevents Mineralogy from stripping its Chinese business partner from its iron ore mining rights in the Pilbara.

September 26, 2014

Gold smuggling into India hits new record highs

About 50 tonnes of the precious metal reportedly made it into the country only in the past 10 days.

September 25, 2014

BHP freezes executive pay

CEO Andrew Mackenzie's pay package is already only half that of his predecessor.

September 25, 2014

Chile sees $105bn mining investment in next decade

The massive figure includes a recently announced $23.5 billion for state-owned copper miner Codelco to revamp century-old mines that are running out of profitable ore.

September 25, 2014

Polish miners abandon Russian coal imports blockade

Warsaw has promised industry support.