MINING.COM

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.

Andrew Topf | April 12, 2012 | 7:37 pm

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 well, giving its neighbour, Peru, a run for its money.

MINING.COM Staff Writer | April 12, 2012 | 3:32 pm

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 mining exports, the industry minister Mohamad S. Hidayat told Reuters today.

Cecilia Jamasmie | April 12, 2012 | 2:50 pm

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.

Andrew Topf | April 12, 2012 | 5:10 am

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.

Frik Els | April 11, 2012 | 10:44 pm

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.

MINING.COM Staff Writer | April 11, 2012 | 4:43 pm

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).

Cecilia Jamasmie | April 11, 2012 | 11:55 am

Massive quake in Indonesia triggers tsunami alert

An undersea 8.6 earthquake struck Indonesia this morning at 04:38 ET, announced the U.S. Geological survey (USGS). The movement, which triggered a tsunami alert across the Indian Ocean, has forced all mining companies in Indonesia to halt their operations until further notice.

Cecilia Jamasmie | April 11, 2012 | 9:51 am

New report shows resource investors cannot pick a worse spot to put their money than Toronto

Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone last.

Frik Els | April 10, 2012 | 8:02 pm

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Steel and base metals express divergent views on China — opinion

Ecuador court denies requests for popular approval of mining projects

BHP CEO’s pay cut by almost 25% after worker’s death, runaway train

China’s August zinc output at highest since December 2017 — stats bureau

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