March 22, 2012

Gold from Thailand, China flood Indian markets

India's duty hike has made domestic gold jewellery more expensive than imported jewellery, with retailers stocking up on cheap imports from Thailand and China to quell demand.

March 22, 2012

India loses $210bn in coal sales in ‘mother of all scams’

In what opposition parties call the "mother of all scams", a government auditor's draft report says India lost up to $210 billion in revenue by selling coal deposits too cheaply.

March 22, 2012

Gold Fields buys 40 pct stake in Philippine gold/copper project

The world's fourth-largest bullion producer acquired the stake after making a $110 million down payment this week and retained the option to acquire an additional 20% in the Far Southeast…

March 22, 2012

China eyes Canadian uranium mines

Takeover activity is poised to heat up in the Canadian uranium sector as energy-hungry China hunts for feedstock to fuel its growing family of nuclear reactors.

March 22, 2012

Mining plans in Ecuador face indigenous backlash

Mediaworks reports hundreds of indigenous people in Ecuador opposed to planned mining projects are marching towards the country's capital of Quito.

March 22, 2012

LME copper falls after China factory activity shrinks

London copper futures turned negative on Thursday, after manufacturing data on China that showed factory activity in the world's top metals consumer shrank for a fifth month.

March 22, 2012

Global mining firms face energy crisis

Global mining firms say energy vulnerability is a risk they worry about in one of the last relatively unexplored countries, which is thought to still have big undiscovered deposits even…

March 22, 2012

Waratah Coal project attacked by Greens

Australia's largest environmental lobbies are turning the heat on Liberal National Party (LNP) leader Campbell Newman to stop a Clive Palmer mining project.

March 22, 2012

Australian coal exports forecast to triple in a decade

New taxes don't seem to be deterring the expansion of Australia's coal industry.

March 22, 2012

CIA rejects Palmer’s claims they’re funding protestors

The CIA has rejected claims by Clive Palmer that it's helping fund anti-coal protests in Australia.