April 9, 2012

Mining investments in Chile to reach $100 billion by 2020

Mining investment in Chile, the world's largest copper producer, would reach US$ 100 billion between 2012 and 2020, the National Mining Society (Sonami) said on Monday.

April 9, 2012

Investors look the other way after White Tiger Gold’s loss, management’s 800% pay hike

White Tiger Gold swung into a loss in 2011 mainly due to what the company termed "administrative costs" in relation to the merger with Century Mining. In the process management's…

April 9, 2012

Thermo Fisher Scientific to highlight new mining sample collection and preparation tool kits at AAPG 2012

Thermo Fisher Scientific Inc., announced it will showcase its Thermo Scientific Mining Sample Collection and Preparation Tool kits, comprising the Thermo Scientific Direct Rock Sampler Kit and the Thermo Scientific…

April 9, 2012

Peruvian miners trapped since Thursday unlikely to be rescued soon

Two or three days longer than anticipated could take rescuers to get to the nine Peruvian miners trapped 200 metres below ground since last Thursday, told reporters Oscar Valdes, cabinet…

April 9, 2012

AuRo announces private placement

The proceeds of the Offering will be used to fund continued exploration at the Company's key projects in Colombia, and for general working capital purposes.

April 9, 2012

$8.4 billion rare earth deposit discovered in Brazil

Brazilian miner World Mineral Resources (WMR) has found a large reserve of neodymium, one of the 17 rare earth elements, in the western Bahia state, which could bring US$8.4 billion…

April 9, 2012

Embry: Gartman inept, CNBC wrong, gold demand off the hook

Bullion dealers are telling him phones are ringing off the hook and demand is incredible.

April 9, 2012

Lifting of sanctions against Mali welcomed by gold miners

Sanctions against Mali's military junta were lifted on Sunday after the country's coup leaders agreed to step aside, allowing a provisional authority to organize elections within 40 days.

April 9, 2012

Caterpillar’s big bet on the US economy

It hasn't been long since Caterpillar Inc looked like the typical resident of the Rust Belt. Having misjudged how deep the U.S. economy would decline, the world's largest maker of…

April 9, 2012

Ready, set, go: China’s long-awaited rare earth industry group is already here

In a move to curb the rampant domestic illegal mining of rare earth, as well as to regulate its rare earths players, China launched on Sunday its industry association for…