July 31, 2011 U.S. debt ceiling crisis only a minor player in gold and silver prices Right now the markets are really starting to wind up over the debt ceiling confrontations. The weekend of U.S. political strife is on the world. It is so easy for…
July 31, 2011 Nickel Asia H1 net income jumps 149pct YoY Reuters reported that Nickel Asia Corporation, the Philippines' largest nickel producer, is partly owned by Japan's Sumitomo Metal Mining Co Limited. The Southeast Asian country was the world's third biggest…
July 31, 2011 Samancor Manganese approves expansion of GEMCO mine Reuters reported that the world's largest manganese mine, the GEMCO operation in northern Australia, is set to boost annual output to 4.8 million tonnes from 4.2 million from late 2013.
July 31, 2011 HSBC to begin trading in gold in Shanghai Futures Exchange HSBC, the leading bank with operations worldwide, has become the first foreign bank in China to be given membership in Shanghai Futures Exchange and would start trading in gold futures,…
July 31, 2011 Firestone Diamonds raises finances for mine development Mining and exploration company Firestone Diamonds has announced a financing plan that will raise £13.5 million and provide updated development plans for its diamond mining and evaluation projects in Lesotho…
July 31, 2011 Mexico ups gold reserves by over 90 tonnes in two months Mexico massively ramped up its gold reserves in the first quarter of this year, buying over $4 billion of bullion as emerging economies move away from the ailing U.S. dollar,…
July 31, 2011 AFP: Scandal-tained Indian chief minister quits The chief minister of a southern Indian state who is accused of being at the centre of a $3.6 billion mining fraud resigned on Sunday, AFP reported. B.S. Yeddyurappa, 68,…
July 31, 2011 Libya holding huge gold reserves, IMF data shows Libya has declared gold reserves worth more than $6bn at current prices, thought to be held largely at home. The reserves are substantial, ranking in the global top 25, according…
July 31, 2011 Chile Collahuasi copper mine operations normal after 24-hour strike Following a 24-hour strike, operations at Chilean copper mine Dona Ines de Collahuasi returned to normal, the company and the workers' union said.
July 31, 2011 Plans are under way for two coal upgrade plants A subsidiary of coal miner Bumi Resources, and Japanese steel manufacturer Kobe Steel are jointly constructing a smelter that will transform brown coal into higher-quality coal.
Northern Star climbs to record high as first-half profit surges 49% The gold miner reported underlying net profit after tax of A$759.8 million ($541 million) for the half year ended December 31. February 11, 2026 | 03:33 pm
