March 23, 2012

Gold Fields acquires stake in Philippine mining project

Gold Fields has purchased a 40% stake in the gold-copper far Southeast project in the northern part of Luzon, Philippines.

March 23, 2012

Arizona’s copper mining challenges

There is no doubt that copper mining is a big business in Arizona, supporting over 62,000 jobs and contributing about $7.5 billion to the state’s GDP. But for Arizona to…

March 23, 2012

Hong Kong Mercantile Exchange to launch yuan-settled futures by July

According to the exchange's president, HKMEx will launch yuan-settled gold and copper futures contracts by July to tap into the growing Chinese investor demand for commodities

March 23, 2012

Romania to sell biggest copper mine in auction

According to the country's foreign ministry it has received 4 bids, all from foreign miners, including OZ Minerals and Dundee Holdings, for the copper mine

March 23, 2012

Codelco profits surge but 2012 output likely to dip

The world's top copper producer said Friday that pre-tax profits for the full year 2011 jumped 21% to $7.03bn.

March 23, 2012

Open outcry: Four bidders line up for Romania’s state copper mine auction

Romania received four bids for its biggest copper mine, Cupru Min Abrud, and will sell the company in an auction on March 26, the economy ministry said on Friday.

March 23, 2012

Caterpillar introduces 777G off-highway truck

The new Cat® 777G Off-Highway Truck introduces outstanding performance, production and fuel efficiency in the 100-short-ton (91-tonne) size class.

March 23, 2012

Verde Potash completes $28,750,000 prospectus offering

Verde Potash Plc (TSX-V: NPK) ("Verde" or the "Company") is pleased to announce that it has completed its previously announced bought deal offering of ordinary shares (the "Shares") at a…

March 23, 2012

Why gold can go the distance

Gold’s been knocked down lately, but several enduring factors have conditioned the yellow metal for an inevitable comeback.

March 23, 2012

American reality TV Show “Black Gold” sparks anger in Australia

An American reality TV show following a Texas drill rig and its workers has drawn the ire of some in Australia’s drilling industry.