December 19, 2012

China urgently seeking new uranium resources domestically and overseas

China, which is dependent on uranium imports to supply its growing nuclear power industry, is to speed up exploration for uranium mining options at home and abroad.

December 19, 2012

Vale will pay $232 million in taxes to Switzerland

Brazilian miner Vale SA (NYSE:VALE) said Wednesday its fourth-quarter results would suffer after the company decided to settle a case of alleged tax evasion with Swiss authorities.

December 19, 2012

Canadian miner won’t replace Chinese workers until 2026

HD Mining, the Vancouver-based company that in early October sparked controversy and legal actions with its plan to bring up to 2,000 Chinese miners for its proposed $300 million coal…

December 19, 2012

Fracking flowback found to consist of ancient radioactive brine

Hydraulic fracking process could release radioactive elements from the Paleozoic era

December 19, 2012

Commodities launched the careers of these financial superstars under 30

Several commodities specialists on Forbes list of precious financial superstars

December 19, 2012

Whitehaven rises on Chinese takeover rumors

Report claims Whitehaven requested Shenhua provide full takeover offer after rebuffing bid for assets

December 19, 2012

78% of Americans believe climate change is a reality in wake of Hurricane Sandy

Natural disaster bolsters climate change convictions

December 19, 2012

Avala Resources files technical report

The Korkan mineral resource together with the Bigar Hill mineral resource, is estimated at 46,500,000 tonnes for 2,400,000 ounces of gold, using a 0.6 g/t gold cut-off.

December 19, 2012

Japanese pension funds break with tradition by turning to gold

Shinzo Abe's demand for "unlimited easing measures" from central bank justifies shift into precious metal

December 18, 2012

AuRico Gold plans to buy back USD$300mn in shares

Leading Canadian gold miner flush with cash following disposal of Mexican assets