September 24, 2012

Norsk Hydro sells aluminum remelt plant in Taiwan

Norwegian Norsk Hydro, one of the world's top aluminum producers, is selling its aluminum remelt plant in Taiwan to Ting Sin Metal Co. Ltd for an unrevealed amount, the company…

September 24, 2012

Petra Diamonds expects 30% production surge next year

Africa-focused diamond miner Petra Diamonds (LSX:PDL) expects production for the year ending June 2013 to rise by around 30%.

September 24, 2012

Silver set for sustained upleg following 30% gain since July

Analysts argue that silver is set for a sustained rise following a 30% surge since July.

September 24, 2012

‘Culture of cover-ups’ leads to Australia’s most lethal mines

A "culture of cover-ups" has led to a fatality rate for mines in mineral-rich Western Australia which is three times greater than that of any other Australian state.

September 24, 2012

Chinese reforms anticipate sustained decline in coal prices

Slated reforms to China's pricing system for the carbon fossil fuel indicate that the country's leading decision-makers anticipate a sustained decline in global spot prices.

September 24, 2012

Sandfire defies wave of project setbacks to launch copper mine on schedule

Western Australia's Sandfire Resources (ASX:SFR) is on the verge of bringing its DeGrussa copper mine on line in accordance with its original schedule and budget targets.

September 24, 2012

Street brawls break out in Guinean alumina town

The Guinean town of Fria has seen street brawls break out during the weekend over the alleged theft of diesel from an alumina refinery by black market fuel merchants.

September 23, 2012

How the UK central bank staff pension fund gained from QE

Inspired trading or insider trading? An exposé of how the Bank of England's quantitative easing boosted its own staff retirement fund.

September 23, 2012

Uralkali settles US antitrust suit with pocket money, passes buck to Potash Corp et al

The class-action dates back to 2008 and accuses seven companies of engaging in a global conspiracy to raise the price of potash.

September 22, 2012

Mafia turns gold into Italy’s fastest growing export

Custom seizures of gold are up 50% with one of the latest cases a father and daughter arrested trying to squirrel out 50kg of the metal in unmarked ingots.