April 29, 2012

20.5% surge in Japan’s diamond imports

With the exception of a minute decline in January, polished diamonds imports by Japan completed a yearlong rise in March.

April 29, 2012

ArcelorMittal identifies potential to increase production of iron-ore concentrate at ArcelorMittal Mines Canada to 30 million tonnes per annum

ArcelorMittal today announces that a scoping study has identified the potential to utilize ArcelorMittal Mines Canada’s existing infrastructure system and to increase annual production of iron-ore concentrate to 30 million…

April 29, 2012

Russia getting back into rare earth game

RareMetalBlog reports the Russian government has begun creating the conditions needed for an active resumption of rare earth production- the rationale being increased domestic demand for high-tech industry and the…

April 28, 2012

Chile placer gold mining

Before coming to Santiago, I had thought of Chile as a place of copper mines. Today I learnt that gold was and is a major mined product of Chile.

April 28, 2012

Arch said to seek buyers for several U.S. coal mines

Arch Coal Inc. (ACI), the fourth-largest U.S. producer of the fuel, is seeking buyers for several of its thermal-coal mines in the U.S., which together may fetch $600 million or…

April 28, 2012

The gold elephant in the room: Dwindling supply

Scott Wright of Zeal Intelligence made some illuminating comments this week in his post about the dwindling supply of gold.

April 28, 2012

Teck files environmental assessment for Chilean project

Teck Resources' epic $5.6 billion Quebrada Blanca copper-molybdenum mine expansion has taken another step ahead.

April 28, 2012

Large cap miners underperforming the juniors and silver stocks

While the precious metals sector has consolidated and struggled to find a bottom, an important development has taken place. First, let's harken back to 2007-2008.

April 28, 2012

Sell in May and go away? Not this year

One catchy investing maxim that’s popular this time of year is “sell in May and go away,” the notion that investors should cash in their investments and take the summer…

April 28, 2012

Newmont chief says Conga gold mine could be abandoned

The president of Newmont Mining Corp. said Friday that the U.S. company could halt investment in a major gold mining project in Peru's north if modifications sought by the government…