April 12, 2012

China soft landing likely, says World Bank

The Chinese economy is likely to land softly, rather than with a jolt, with growth forecast at 8.2% this year and 8.6% in 2013, according to The World Bank.

April 12, 2012

Corazon adds 3 concessions in Nicaragua

Corazon Gold Corp. announces that Nicaragua's Ministry of Energy and Mines ("MEM") and the Autonomous Region of the Northern Atlantic ("RAAN") have granted Corazon three contiguous, 25-year Exploration and Exploitation…

April 12, 2012

Upsurge in gold production expected in Chile

With nearly 6 million tonnes mined each year, Chile is the world’s chief copper producer. Now, it turns out the country could someday become a leader in gold production as…

April 12, 2012

Top analysts see copper rising even as China slows

The third consecutive annual copper shortage and accelerating U.S. growth will drive prices to the highest in a year in the next quarter, according to the most accurate forecasters.

April 12, 2012

Indonesia not only wants to own foreign mining co’s, now it will impose higher taxes on them too

Indonesia wants to have its mining cake and eat it too, as the country, one of the world's largest exporters of copper and coal, will speed up a tax on…

April 12, 2012

Lundin paying up to $78 million for 80% stake in Spanish copper mine

Europe-focused Lundin Mining has cut a deal for an 80% stake in a copper mine in northern Spain.

April 11, 2012

Iron ore price hits 6-month high

The price is up more than 27% from lows struck in October last year when the steelmaking ingredient experienced a mini crash.

April 11, 2012

Sandfire touts strong gold-copper mine growth

Australian mining company Sandfire Resources has released its first quarter results, showing a significant growth at its gold and copper mine in the Murchison.

April 11, 2012

Peruvian company Grupo Brescia to extract copper in Chile

Peruvian company Grupo Brescia announced today that it is going ahead with plans to further diversify its investments by mining for copper in neighbouring Chile, reports Portal Minero.

April 11, 2012

Peruvian miners rescued this morning

The nine miners trapped in a high altitude underground copper mine in Peru since last Thursday are well and with their families, after they were freed this morning (12:00 GMT).