December 22, 2011

Vetorial stays in pig iron despite ambitious iron ore venture

Brazil’s Vetorial Participações will keep its merchant pig iron business despite moving into a 7.6 billion Reais ($4 billion), 20 million-tpy iron ore joint venture called Vetria Mineração.

December 22, 2011

Virginia voters divided on uranium mining, Quinnipiac University poll finds

Virginia voters are split like an atom on the issue of uranium mining as 43 percent say mining should be allowed because of economic benefits while 41 percent are opposed…

December 22, 2011

Kobe Steel enlisted to help India upgrade $400m iron ore nuggets plant

The government-owned Steel Authority of India (SAIL) has commissioned Japan’s Kobe Steel to upgrade its manufacturing facilities and set up a new $400 million iron ore nuggets plant in Durgapur,…

December 22, 2011

India’s GDP growth hit due to slump in mining

The mining sector, which accounts for 5% of the $1.4 trillion economy, is beset with hurdles, with declining mining activity impacting state finances.

December 22, 2011

Gold and silver the currency of the elite in the Great Financial Crisis – Thunder Road

Paul Mylchreest's Thunder Road Report always makes for fascinating reading and his take on the global economy, gold and silver is frightening and disturbing. Read, learn and inwardly digest.

December 22, 2011

Eastplats increases equity interest in Lion’s Head Platinum and ownership in the Mareesburg platinum project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2011) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to report that it has increased its interest in the Mareesburg platinum…

December 22, 2011

Talison Lithium Concludes Negotiations for H1 CY12 Sales and Achieves a 15% Price Increase for All Products

Talison Lithium Limited ("Talison" or the "Company") (TSX:TLH) advises that it has concluded negotiations with its customers with regards to first half calendar 2012 sales. A price increase of 15%…

December 22, 2011

Kinross closes term loan to fund increase in Kupol ownership

Kinross Gold Corporation (TSX:K)(NYSE:KGC) announced today that its previously disclosed US$200 million non-recourse loan from a group of international financial institutions to finance the increase in Kinross' ownership of the…

December 22, 2011

Large Retailer and More Diamond Companies Achieve RJC Certification

The list of certified Responsible Jewellery Council members keeps growing.

December 22, 2011

How 2012 is shaping up and what it means for gold

Sharps Pixley's Ross Norman looks at what we can expect in 2012 and what the key drivers for precious metals are likely to be in the new year.