January 21, 2013

Rio Tinto fighting to keep Australia in top iron ore producer spot

Even with significant ore bodies coming on stream from 2015 onwards in Brazil (Anglo’s Minas Rio and Vale’s Serra Sul), Australia will be able to keep its crown in this…

January 21, 2013

Red Eagle mining announces initial Santa Rosa NI 43-101 resource

The company announce that an initial NI 43-101 resource estimate for its 100% controlled Santa Rosa gold project has established an indicated mineral resource of 7.34 million tonnes at 1.37…

January 21, 2013

Study shows actual gold cash costs are 50% more than what is reported

$1,170 vs $773.

January 19, 2013

Jiangxi Copper, Freeport-McMoRan Copper & Gold agree on 10% growth in processing charges for copper concentrates with foreign miners

Jiangxi Copper said that it has agreed with Freeport-McMoRan and another company on a 10% rise in treatment charges and refining charges of copper concentrates for 2013.

January 19, 2013

Russian diamonds exempt from WTO regulations under Kimberly Process

The Kimberley Process, ensuring good origins of diamonds, imposes restrictions prohibited by the WTO, but the latter agreed in 2003 to grant exemptions to the process' members.

January 19, 2013

France and the UK could be the lynchpins of Europe

Over the past two months, Europe’s problems seem to have disappeared from the headlines. However, the new French Socialist government is pushing […]

January 19, 2013

Gold and silver bullion are on the move

On Wednesday, the Bundesbank confirmed reports and announced it will repatriate a portion of its foreign gold reserves. By 2020, the central bank intends to store half of Germany’s gold…

January 19, 2013

Raking over the Rio coals

A round up of commentary on the CEO switch.

January 18, 2013

Canadian miner kidnapped in Colombia

Five gold miners working in a northern province of Colombia were kidnapped Friday afternoon by the leftist National Liberation Army (ELN).

January 18, 2013

A rumble in the jungle

Reality TV series such as “Bamazon,” on the History Channel, or “Gold Rush” and “Jungle Gold” on the Discovery Channel, have elevated the global mining bonanza into living-room entertainment, write…