October 8, 2012

Arrium spurned billion dollar bid on expectations of iron ore rebound

Aussie iron ore miner and steelmaker Arrium (ASX:ARI) has stated publicly that it spurned a $1 billion takeover bid from a Korean consortium due to expectations of a rebound in…

October 8, 2012

Malaysia mounts raids on gold swindlers

The Malaysian authorities have intensified a crackdown against fraudulent gold traders with raids against several companies last week.

October 7, 2012

Gold set to bounce back on Spanish bailout and Chinese traders back from vacation

Despite an abrupt decline in the wake of an upbeat US employment report, gold is likely to regain losses on several factors which should strongly favor the precious metal.

October 7, 2012

South African union leader shot dead near Lonmin mine: NUM

A branch leader of South Africa's National Union of Mineworkers (NUM) was shot dead on Friday near a mine run by platinum producer Lonmin as labor unrest sweeps the mining…

October 7, 2012

Rusal goes cold on Gladstone plant

Russian aluminium company Rusal has revealed that it will not invest in a planned $A400 million gas-fired power plant at the refinery of Queensland Alumina Limited (QAL). QAL is a…

October 5, 2012

New mining rules coming up for Canada’s northern Ontario already igniting debate

A new set of regulations for prospectors and mining companies working claims in Northern Ontario, Canada, which goes into effect Nov. 1, is already stirring some controversy as First Nations…

October 5, 2012

More Than 1,200 Attendees From 18 Countries At The International Economic Forum Of The Americas—Toronto Global Forum

Senior policy experts, political leaders gather to consider solutions to world’s biggest issues

October 5, 2012

Asteroid-mining firm hiring “space nuts” and interns

Google’s billionaire co-founders and filmmaker James Cameron’s owned asteroid-mining focused Planetary Resources is hiring interns for 2013.

October 5, 2012

Indian state of Goa forced to halt all mines

India’s Supreme Court order the state of Goa to halted all mining activities in Goa, including transportation of already mined manganese and iron ore, and sought responses of the union…

October 5, 2012

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