November 9, 2011

Gold goes viral in China as imports hit just under 2 tonnes per day

Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 56.9 tonnes in September, a sixfold increase…

November 9, 2011

Pan American Silver takes $12.5 million hit from Loonie depreciation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2011) - (All amounts in US dollars unless otherwise stated and all production figures are approximate) - Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) ("Pan American"…

November 9, 2011

John Kaiser: rare earth companies poised for comeback

The companies in a race to produce critical heavy rare earth elements by 2016 are already way ahead of their smaller competitors.

November 9, 2011

First Quantum lowers 2011 production guidance

First Quantum Minerals on Tuesday said production of 265,000 tonnes of copper and 175,000 ounces of gold is forecast for 2011 reflecting lower production to date as well as lower…

November 9, 2011

New couples and consumers in smaller cities driving China diamond sales

China Daily reports the fifth-largest diamond producer in the world said on Tuesday that China's demand for the precious stones will steadily increase in spite of rising prices. Empresa Nacional…

November 9, 2011

Another coal miner killed in Kentucky

A foreman has been killed at an underground mine in eastern Kentucky, the third mine-related fatality in the state in 10 days. State officials said in a statement that due…

November 9, 2011

Iron ore transport deal between Grängesberg Iron and the Swedish Transport Administration

Mining company Grängesberg Iron AB and the Swedish Transport Administration have signed a co-operation agreement on investigations regarding future ore train traffic between the iron ore mine in Grängesberg and…

November 9, 2011

India’s BEML exhibits mining offering in China for the first time

Homegrown Indian mining equipment manufacturer, Bharat Earth Movers Ltd (BEML) exhibited in China for the first time at the recent 13th China Mining Congress & Expo in Tianjin. BEML was…

November 9, 2011

SX/EW mixer settlers; liner lessons learned

Ian Peggs, President, I-CORP INTERNATIONAL, writes in the November issue of International Mining that for cost reasons there has been a move away from stainless steel mixer/settlers to lower cost…

November 9, 2011

Prodigy Gold testing confirms SAG milling option for Magino

Mining junior Prodigy Gold has announced the results of SAG Design test work and SAG Design comminution analysis preformed by Starkey and Associates on representative samples of gold mineralised rock…