Peru leader seeks to rebuild trust in graft-hit political class

The creation of the world’s first national protocol on sustainable and socially responsible mining was discussed at a meeting held in Argentina last week, called by the government of president Cristina Fernandez.

Production at Blanket in Zimbabwe doubled and the Toronto-based company said it paid direct and indirect taxes, royalties, licence fees, levies and other monies to the Government of Zimbabwe totalling $13,6 million.

BayFront Capital Partners and its wholly-owned subsidiary Roman Copper Corp. today released further details of their plan for Cupru Min and its world-class Rosia Poieni copper mine, acquired as part of the Romanian government’s privatization program.

Harmony Gold Mining (NYSE:HMY) traded today at a new 52-week low of $10.58. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume of 2.1 million shares.

The Royal Canadian Mint will stop producing pennies this fall, announced Finance Minister Jim Flaherty during his budget speech on Thursday.

Chinese copper-gold giant Zijin Mining Group is on the move again with plans for more acquisitions.

"They need to clearly indicate to the market what their strategy around Olympic Dam is, around shale gas, all of these things, to return confidence that they're not spending huge amounts of capex for very low returns."

A proposal for a large underground copper mine in Minnesota reached a milestone last week.

Japanese conglomerate Mitsubishi Corp will pay $81.25 million to acquire a 25% ownership in the Marathon PGM and copper project owned by Stillwater Mining.