May 23, 2012

Australian miners should seek business opportunities in Latin America: Government

Australian Foreign Minister, Bob Carr, called local mining companies to look at Latin America as a business destination, as the region was emerging as an important economic powerhouse, hungry for…

May 23, 2012

Metals Economics Group mineral exploration index shows mixed results

Metals Economics Group (MEG) published a summary of its Pipeline Activity Index (PAI) for early 2012. The PAI is an index following relative levels of activity in mineral exploration, which…

May 22, 2012

Osisko’s Canadian Malartic returns to full operation, but fire damage to stock price is 25%

Osisko stock was down another 3.7% today despite the positive news and has now lost 25% of its value since the fire at the Quebec mine was first reported on…

May 22, 2012

Grexit and gold: The first 46 hours

A report on how a Greek exit from the Eurozone may play out based on synthesized scenarios from 21 economists, analysts and academics.

May 22, 2012

Olympic Dam Taskforce CEO to doubters: We’re planning 10,000-strong village, already building airstrip for 737s

The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam…

May 22, 2012

Patriot Coal is burning down

Trading in the stock was halted in a circuit breaker around lunchtime after falling 57.6% over doubts about its finances and is now worth less than tenth of what it…

May 22, 2012

Australians fear Canadian gold company will shut historic mines

Australian Stawell Gold Mines will be closed within two years, despite Canadian company Crocodile Gold spending more than $100 million buying it.

May 22, 2012

Australian Crusader Resources to invest $400 million in Brazil gold mine

Australian company Crusader Resources Ltd. will invest $400 million in a gold mining project located in the Currais Novos region in Brazil’s north-eastern state of Rio Grande do Norte. The…

May 22, 2012

Mbada Diamonds produces 12 million carats

Mbada Diamonds has produced almost 12 million carats worth half a billion dollars over the past one-and-half years after injecting total investments of only $185 million, Parliament was told yesterday.

May 22, 2012

Accredited Gem Appraisers extends registration for Future of Diamonds panel to May 23

Is the world of diamonds as you've known it about to change forever? It might change in ways that we have never envisioned, and this conference is going to be…