July 3, 2012

World’s No. 3 copper mine Collahuasi to reduce costs with solar power

Chile’s Doña Inés de Collahuasi mining company announced Solarpack has won the contract to build a 25 MW solar energy park, which will supply nearly 13% of the mine's power…

July 3, 2012

Beijing Donia Resources Co., Ltd. announces the acquisition of units of Silvore Fox Minerals Corp.

Beijing Donia has acquired 16,111,111 units of Silvore Fox Minerals at a price of $0.09 per unit. Donia now holds a total of 65,178,772 shares, roughly 40% of Silvore Fox.

July 2, 2012

Unmasking the Asian giant

Chinese operas have been keeping audiences enthralled for hundreds of years with mythical characters, enchanting stories and elaborate masks that add drama and mystery. While this fantastical treatment is appreciated…

July 2, 2012

Copper market expects squeeze, big holding appears

Traders are bracing for a replay of the April squeeze that made copper expensive to obtain quickly, saying major trader Glencore controls almost half the inventories of the commodity held…

July 2, 2012

Barrick Gold headed to $53 despite losing Chilean ownership row

Gold giant Barrick Gold (NYSE:ABX) has faced a setback in its ownership row with Goldcorp (NYSE:GG) over a copper and gold mine in Chile as Ontario Superior court dismissed Barrick's claim…

July 2, 2012

Xstrata to acquire majority interest in Roseby Project

Altona Mining has received a notice from Xstrata Mount Isa Mines that it intends to exercise its option to acquire a 51% interest in a portion of the Roseby Project…

July 2, 2012

Stillwater Mining Company announces submission of environmental impact statement for Marathon Platinum Group Metals-copper project

The Marathon Project, located near Lake Superior in Ontario, has anticipated annual production of about 200,000 ounces of palladium and platinum and 37 million pounds of copper.

July 1, 2012

Australia’s carbon emission tax kicks in

After years of political wrangling, the Minerals Resource Rent Tax or MRRT takes affect as the country's largest polluters will now pay A$23 for every tonne of greenhouse gas they…

July 1, 2012

It’s gold, silver and bronze for Rio’s mine

Anna Wiley remembers stacks of white plastic buckets, each containing copper buttons, at Rio Tinto's Kennecott copper refinery.

June 30, 2012

Ignore the market jump, a reckoning is coming: Jim Rogers

Jim Rogers poured cold water on Friday's stock rally after European leaders agreed to backstop more debt-stricken banks. The S&P 500 jumped 2.49% on Friday, and spot gold was up…