April 6, 2016

NYU graduates seeking $11bn of gold in closed S. African mine

The 77-year-old mine contains gold resource of 9 million ounces.

April 6, 2016

The US Fed has $300bn in gold, new book reveals

Jim Rickards' latest book "The New Case for Gold" reveals that the Fed is holding massive amounts of gold at Fort Knox and West Point.

April 5, 2016

Copper miners’ game of chicken continues

New study predicts lowering of cost curve, marginal mines staying open at all costs will see oversupply persist and fifth year of copper price declines.

April 5, 2016

Centerra Gold announces US$150M financing for Oksut project

OMAS will use the Facility to finance a substantial portion of the construction, development and operation of the Öksüt gold mine and its related infrastructure in the Kayseri region of…

April 5, 2016

Forget about ‘Los Bronces’; that mine is ours — Anglo to Codelco

Codelco is facing mounting internal pressure to acquire Anglo's stake in Los Bronces mine, in which the Chilean miner already has a 29.5% interest.

April 5, 2016

Indonesian group to buy control of Newmont unit for $2 billion

Panigoro, the founder of oil and gas firm PT Medco Energi Internasional Tbk, has agreed to buy a controlling stake in Newmont Mining Corp's local metals operations.

April 5, 2016

De Beers blue diamond smashes auction records in Asia, fetches almost $32M

This diamond was the target of an attempted multi-million pound robbery in November 2000, which was foiled by the Metropolitan Police.

April 5, 2016

Striking coal workers arrested after violent raid at Glencore’s South African mine

Production at the Wonderfontein coal mine has been halted for three weeks after members of AMCU decided to down tools in March.

April 5, 2016

Canadian miners need stronger oversight abroad: Liberal MP McKay

The politician is calling for stricter oversight of mining companies abroad after a New York Times front-page story over the weekend shone a spotlight on a Canadian mining company accused…

April 4, 2016

De-carbonizing our energy sector

Nuclear energy currently provides around 11 percent of the world's electricity.