October 30, 2012

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October 30, 2012

US mining fatality, injury rates fall to all-time low

Industry achieves safety and health records

October 30, 2012

China deeply vested in Canada, with more to come

Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to…

October 30, 2012

New oil, gas and mineral discoveries boost African economies growth — World Bank

Despite setbacks in the global economy, sub-Saharan Africa is expected to grow at 4.8% in this year, broadly unchanged from the 4.9% growth rate registered in 2011 and largely on…

October 30, 2012

Mounties turn to ‘diamond cop’ to deal with smuggling of gemstones and drug dealers’ treasures troves

The Royal Canadian Mounted Police (RCMP) have appointed a special "diamond cop" to combat the smuggling of gemstones and precious metals as the illegal trade flourishes on the back of…

October 30, 2012

Yuan’s rise to historic highs could lend impetus to China’s overseas buying spree

The Chinese yuan hit historic highs against the US dollar on the inter-bank spot market on Monday, rising to RMB6.2371 per dollar […]

October 30, 2012

Petaquilla Minerals Ltd. adds significant additional resources of 502,800 gold equivalent ounces at its Molejon operation complex-Palmilla Deposit

The NI 43-101 compliant pit constrained mineral resources in the Palmilla deposit are estimated to contain approximately 19.7 Mt of inferred resources of gold averaging 0.50 grams g/t and silver…

October 30, 2012

Big changes coming to PNG Sustainable Development Program if new government has its way

PNG Prime Minister: "I think BHP should take its leave at some stage. I'd rather it be sooner than later. BHP has to learn that it has to move on."

October 29, 2012

Xstrata shareholders caught in ‘prisoner’s dilemma’ Could Anglo or Vale free them?

Even shareholders choking on $200 million of management bonuses, may have to okay the compensation if they want the deal to go ahead. But Xstrata may have other options beside…

October 29, 2012

Russia nearly doubles 9M 2012 copper exports

Exports of refined copper from Russia increased by 93.5% YoY in January-September 2012 to 204,900 metric tons, the Ministry of Economic Development has reported.