February 17, 2012

Longest slump in iron ore since Oct on Chinese stockpiles

Iron ore dropped for a seventh day, the longest losing run in more than three months, as the biggest consumer China may slow buying because of increased stockpiles.

February 17, 2012

Rulmeca celebrating 50th anniversary

Rulmeca, a leading manufacturer of rollers for belt conveyors, is celebrating 50 years of activity. Since if was founded in 1962 in Alme, Bergamo the company has been adapting and…

February 16, 2012

Russia Cuts 2011 Coking Coal Exports 21 pct as China Demand Drops

Russian exports of steelmaking coal declined 21 percent last year to 14.2 million metric tons because of lower demand from China and periodic halts at some Siberian mines.

February 16, 2012

Making Sure That Valentine Diamond Isn’t Tainted by Blood: View

It being the feast of Saint Valentine, today is a favored moment to give or receive that ultimate lovers’ gift: a diamond. This year, however, isn’t a good one for…

February 16, 2012

Tsvangirai tours diamond mines

Prime Minister Morgan Tsvangirai said Thursday the government desperately needs revenue from diamond sales, after the lifting of a global ban imposed over military abuses.

February 16, 2012

Centerra Gold Kumtor workers returning to work

Centerra Gold Inc. (TSX:CG) announced today that an agreement has been reached with the Kumtor Trade Union and that the unionized employees at Kumtor are returning to work, following a…

February 16, 2012

Mitsubishi to buy 18 pct stake in Peruvian copper mine

Mitsubishi Corp. (8058) will pay an estimated 60-70 billion yen to acquire an 18.1% interest in a Peruvian copper mine that is expected to begin production around 2016, The Nikkei…

February 16, 2012

Condor Resources Inc.: San Martin Drilling Intersects 12.1m of 63.9 g/t Ag and 6.15m of 0.54 g/t Au in Second Drill Hole

Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce that results of the second and third diamond drill hole at the Company's wholly-owned San Martin project…

February 16, 2012

Junior miner discovers potash in Alberta

A Vancouver-based junior mining company says it is the first to discover potash in Alberta. Pacific Potash Corp. said Wednesday that its […]

February 16, 2012

Will gold cleanse the world from dirty fiat currencies?

On Wednesday, precious metal prices climbed higher as European finance officials considered delaying parts or even all of a second bailout package for Greece.