October 8, 2013

Gold industry injected $210bn into global economy last year

The paramount figure is roughly equivalent to the GDP of Ireland, the Czech Republic or Beijing.

October 7, 2013

Canada spied on Brazil’s Mines and Energy Ministry: Snowden

The Communications Security Establishment Canada, or CSEC, is said to have tracked all of the ministry’s communications.

October 7, 2013

Peru ‘washing its hands’ of Newmont’s Conga mine issues: local authorities

Cajamarca’s governor also said Newmont’s local partner has made no progress in terms of gaining support from surrounding communities.

October 4, 2013

Canadian miner will sue Costa Rica for $1bn

Infinito Gold says six months of negotiations over confiscated mine have failed, will take case to international court.

October 4, 2013

Belo Sun ups gold estimate at flagship project in Brazil

Measured and indicated pit constrained mineral resources now stand at 5.1 million ounces of gold, up almost 10% from a previous estimate.

October 4, 2013

Done deal: Rio sells mothballed Blair Athol coal mine to Linc Energy

Acquisition comes a day after Linc said it wants to get de-listed from the Australian market to re-list it in Singapore, in hopes of luring Asian investors.

October 3, 2013

Las Bambas bidding heats up

China's state-owned Minmetals enters bidding for $5.6 billion project.

October 3, 2013

How does top resource fund manager Brian Ostroff invest in domestic peace of mind? Two words: gold and phosphate

When you're talking about commodities, you're not talking about a basket that will all go in the same direction.

October 3, 2013

Sierra Metals doubles mill capacity at Bolivar Mine in Mexico

Mill throughput capacity at 2,000 tonnes per day.

October 2, 2013

Gold price bounces right back on debt ceiling, jobs data

Recovering nearly 30$ of the 40$ in Tuesday losses.