Cecilia Jamasmie , Editor-in-Chief

Vale freezes operations at two plants due to falling steel demand

Brazil’s mining giant Vale (NYSE: VALE) will temporarily halt operations at its São Luís and Tubarão I and II pellet plants starting October 8 and November 13 respectively.

Cecilia Jamasmie | October 5, 2012 | 1:50 pm

Gold mining to drive Burkina Faso’s growth but companies at risk

The West African nation of Burkina Faso is forecasting its gold industry will boost growth next year, but the latest report from UK-based think-tank Exclusive Analysis, warns of increasing risks of kidnap and collateral harm by Islamist groups spreading from northern Mali.

Cecilia Jamasmie | October 5, 2012 | 12:58 pm

AngloGold Ashanti faces health-related negligence charges

Thirty-one former South Africa’s AngloGold Ashanti (NYSE:AU) miners are taking the company to court, accusing its executives of health-related negligence.

Cecilia Jamasmie | October 4, 2012 | 4:00 pm

Mariana Resources takes a stake in promising gold project in Peru

Australia-based Mariana Resources (LON:MARL) (TSX:MRY) , an exploration and development company focused in southern Argentina and Chile, announced Thursday it signed a Letter of Intent ("LOI") with Canadian junior Condor Resources to explore a gold deposit in northern Peru.

Cecilia Jamasmie | October 4, 2012 | 3:15 pm

Bullion enthusiasts’ best friend? A 24-karat gold-plated iPhone 5

A bit over a week since Apple launched its latest smart phone version, London jeweller Gold & Co. is hitting the market with a 24-karat gold-plated iPhone 5 that “only” costs $4,380.

Cecilia Jamasmie | October 4, 2012 | 2:12 pm

Chile’s appeals court to hear injunction request against Barrick’s Pascua Lama

A Chilean appeals court has accepted a request for an injunction against Canada’s Barrick Gold (NYSE, TSX: ABX) and its Pascua Lama project, filed by a group of northern natives in conjunction with the local government’s environmental evaluation committee.

Cecilia Jamasmie | October 4, 2012 | 1:36 pm

Argyle’s sparkle lights up Rio Tinto’s newest collection of rough diamonds

Miner giant Rio Tinto (LON:RIO) launched Thursday its “Specials” tender, which showcases the finest large rough diamonds from a year’s production from its three operating diamond mines.


Cecilia Jamasmie | October 4, 2012 | 12:40 pm

Protest against Centerra Gold in Kyrgyzstan turns violent

Demonstrators clashed with police and tried breaking into a building housing the parliament and government offices in Kyrgyzstan's capital Wednesday, as they demanded the nationalization of the Kumtor gold mine, owned by Canadian Centerra Gold (TSX:CG).

Cecilia Jamasmie | October 3, 2012 | 6:12 pm

South Africa’s wildcat strikes reach Harmony Gold

South Africa's third-largest gold producer after AngloGold and Gold Fields Ltd., Harmony Gold Ltd. (JSE:HAR), said Wednesday that workers at its Kusasalethu mine embarked on a strike.

Cecilia Jamasmie | October 3, 2012 | 5:44 pm

Rio Tinto to survive the slowdown by making hay

While some miners have ventured in the coffee growing business, others such as mining giant Rio Tinto (LON:RIO) are getting ready to start producing hay.

Cecilia Jamasmie | October 3, 2012 | 4:46 pm

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