September 5, 2012

Four shot as South African mining strife spreads

Four protestors have been shot and hospitalized as a wave of deadly strikes afflicting South Africa's platinum and gold mining sectors continues to spread.

September 5, 2012

Petaquilla Minerals Ltd. reports additional reserves of 210,000 gold equivalent ounces at its Molejon project

The company reports additional reserves of 210,000 gold equivalent ounces at its Molejon project

September 4, 2012

Joy Global and ESCO Corporation Enter Strategic Business Alliance

Joy Global is a major producer of equipment for extraction of ores and minerals in surface mining, including P&H® Electric Rope Shovels, Blasthole Drills, Wheel Loaders, Draglines. ESCO Corporation is…

September 4, 2012

Baja Mining’s partners indecisive on further funding for Mexico project

Canadian Baja Mining (TSX:BAJ) shareholders continue to be anxious about the future of the company’s flagship Boleo project in Mexico, as its South Korean partners were unable to decide on…

September 4, 2012

Chile’s Codelco kicks off $3.5 billion copper mine expansion

Chilean state-own Codelco, the world's largest copper producer, began construction of the access tunnels to the new level of its El Teniente copper mine on Tuesday.

September 4, 2012

It’s official – China embraces oil shale and fracking

The Achilles Heel of China’s dramatic economic growth has been its reliance on imported energy, everything from oil to natural gas to coal. Quite aside from draining China’s treasury to…

September 4, 2012

KGHM copper’s Canadian unit returns to profit -CEO

Europe's No.2 copper producer KGHM said on Tuesday its recently acquired Canadian unit Quadra FNX had returned to profit after the first seven months of the year.

September 4, 2012

Kiska Metals surges 19% on Thorn results

Kiska Metals Corporations shares were up almost 19% (at 12:15 ET) Tuesday as the company announced updated results for its Thorn Property in northwestern British Columbia, sent by partner Brixton…

September 4, 2012

Return to the gold standard?

Several sources reported that the 2012 Republican Platform would call for a commission to explore the possibility of the U.S. returning to a gold standard. However, the final document makes…

September 4, 2012

Gold to Break $1,700/Ounce Level: Analysts

Gold will break out of a narrow band of trading in which the precious metal has been stuck for 12 months and will head towards $1,700 an ounce or higher…