April 24, 2012

Mongolia could go it alone on giant coal mine-exec

Mongolia might choose to go it alone on the development of the western block of its giant Tavan Tolgoi coal mine after struggling for years to find the right investors,…

April 24, 2012

Asteroid miners explain just how they are going to do it

Planetary Resources took the wrapper off the new company that plans to mine asteroids, and the company has half a road map on how to get precious metals out of…

April 24, 2012

Vast new copper supplies depressing prices? Don’t worry, it’s never going to happen

A senior trader in the red metal says “the miners are all lying” about the chances of their projects actually coming on stream.

April 24, 2012

The Great Bear Rainforest becomes The Great Trade Barrier

Vivian Krause, a Vancouver blogger who has been digging into the finances of green groups, takes a hard look at the finances of Suzuki Foundation and draws linkages to foundations…

April 24, 2012

Vote of no confidence: Rio pulls out of $9 billion coal port expansion

"Global economic markets have shifted to a period of significant uncertainty and we continue to see both a sustained upward pressure on costs and long timeframes for regulatory approvals."

April 24, 2012

Quebec’s booming iron mines

When planning an expansion at the largest open pit mine in Quebec, thinking big is important.

April 24, 2012

CST Mining sells 70% stake in Peru copper mine for $505 million

CST Mining is selling its 70% stake in the Mina Justa copper project in Peru for US$505 million.

April 24, 2012

New IMF figures show at current rate central banks will buy almost 700 tonnes of gold this year

11 countries bought just under 58 tonnes of gold in March. That compares to combined purchases of 439.7 tonnes by the world's central banks last year. That already was an…

April 24, 2012

Company taking another run at Kentucky coal mine

Associated Press reports that Western Kentucky Minerals is making a second attempt at getting a 700-acre surface mining operation near Owensboro approved.

April 24, 2012

Newcrest Mining cuts gold production forecast

Newcrest Mining, the world's No.3 gold miner, on Tuesday cut its production forecast for this year, saying its major projects had struggled to reach output targets.