December 20, 2011

China’s Yancoal proposes assets merger with Gloucester Coal

According to a source close to the deal, Chinese-controlled Yancoal Australia has approached Gloucester Coal with a plan to merge their neighbouring coal assets in Australia.

December 20, 2011

Tsunami intact: gold to rise to $3,000+ by mid-year – Goldrunner

The latest technical chart analysis shows that the previously predicted gold price target of $3,000+ by mid-year remains intact despite the recent price setbacks

December 20, 2011

PNG’s Ramu nickel mine to run at full capacity by mid/late 2013

Minority partner Highlands Pacific said Tuesday it expects the Ramu nickel project in Papua New Guinea to operate close to maximum capacity by mid to late 2013.

December 20, 2011

JFE Steel sees slightly lower Q1 output than Q4

The Japanese steelmaker expects its crude steel production in the January-March to be flat or slightly down on than that of the October-December period.

December 20, 2011

Using gold stocks to enhance portfolio returns

Revisiting and updating old research by a Wharton School economics professor shows holding a percentage of gold stocks in a portfolio enhances returns without adding risk.

December 20, 2011

Anglo American mulls sale of Amapa iron ore stake – sources

Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.

December 20, 2011

Conga mine talks break down again

A new round of talks to end the dispute over the gold project in Peru appeared to break down on Monday after the prime minister excluded environmental activists from the…

December 20, 2011

Chiquita, Tides Canada defend oilsands activism

Chiquita has denied that it's boycotting Canada’s oilsands as a fuel source for shipping its fruit. Instead, the company said it’s just expressing a “preference for fuels with lower than…

December 20, 2011

Oyu Tolgoi makes more commitments to mine training program

Oyu Tolgoi, the gold and copper mine under development in the South Gobi desert of Mongolia, has underlined its commitment to training its workforce to world's best standards by investing…

December 20, 2011

Intierra and RMG form resource intelligence powerhouse

Intierra Resource Intelligence has acquired Swedish-based Raw Materials Group (RMG). All RMG shareholders have taken an equity position in the expanded company and all RMG staff will stay on with the…