October 26, 2012

Cynthia Carroll cautions against marginalization of women in European boardrooms

Cynthia Carroll, the CEO of Anglo American who announced her resignation earlier today, has warned investors that calls for quotas regarding the number of women required to serve on European…

October 26, 2012

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

October 26, 2012

Chinese Premier’s $2.7 billion fortune thanks largely to his wife ‘the Queen of Diamonds’ – report

Chinese Premier Wen Jiabao has accumulated vast wealth during his time in power, but reports of his $2.7 billion fortune —and the influence of his wife, Zhang Beili, the "Queen…

October 26, 2012

African Barrick Gold sinks on disappointing Q3 results

Shares in London-listed African Barrick Gold (LON:ABG) were falling by over 4% on Friday after rising costs and dipping production impacted the miner’s Q3 profit.

October 26, 2012

Inmet sweetens bid for gold miner Petaquilla by 25%

Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) confirmed late Thursday it is studying an upgraded and final takeover offer by Inmet Mining Corp. (TSX:IMN), which is now offering about 25%…

October 26, 2012

Horse killing triggers violence at Chinese mine in Kyrgyzstan

A violent confrontation has erupted between Chinese nationals and local residents at a gold mine in the Central Asian republic of Kyrgyzstan.

October 26, 2012

Germany’s gold vaults exhausted a decade ago: Turk

Precious metals expert James Turk says that all of Germany's gold stocks have been exhausted by leasing into the broader marketplace.

October 26, 2012

Whitehaven shuts Sunnyside on declines in coal prices

Aussie miner Whitehaven Coal (ASX:WHC) has announced the indefinite suspension of operations at its Sunnyside mine near Gunnedah in New South Wales. […]

October 26, 2012

Indonesian businessman warns foreigners of local investment perils

A prominent Indonesian businessman has warned foreign miners of the perils of investing in his own country over the next two years due to new laws which curb overseas ownership.

October 25, 2012

Potash Corp profits plunge on drop in exports to China and India

Potash Corp of Saskatchewan (TSX:POT) has seen third quarter earnings plunge 22% due to a sharp decline in exports of the key fertilizer ingredient to China and India.