August 7, 2012
Xstrata to create world’s biggest zinc mine
Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.
August 7, 2012
Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.
August 7, 2012
Even though the European Central Bank and the US Federal Reserve failed to deliver any new stimulus programmes last week, the price of gold has managed to remain above $1600…
August 6, 2012
On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.
August 6, 2012
The miners work at a depth of 300 meters in two shifts of 6 hours per day and are hired on a contract basis for 400,000 tomans (about $200) per…
August 6, 2012
COAL of Africa (CoAL), the embattled coal exploration and production company, continued its efforts to shore up its balance sheet issuing $44.8m in shares, and said it had revamped its…
August 6, 2012
Edward Karr, CEO of Geneva-based RAMPartners, favors a disciplined, patient and steady approach to investing in junior gold mining companies.
August 6, 2012
The coal mining project in Mui Basin, Kitui County has come under threat as controversies on the shareholding of the Chinese firm awarded the contract intensifies.
August 6, 2012
A Chinese supervisor died on Saturday after being hit by a trolley pushed at him at the Collum mine in Zambia during a dispute over minimum wages.
August 6, 2012
A nuclear-powered rover has landed safely and beamed back its first images from Mars, where it will attempt to answer questions about whether life has ever existed, or ever could…
August 6, 2012
I believe there are encouraging pockets of strength to energize and inspire investors.
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