Mining workers dissatisfaction in South Africa has now hit the country's second-largest gold producer, Gold Fields Ld. as about 12,000 employees downed tools at the KDC mine, on Johannesburg's West Rand.
India is already building a rare-earth mineral processing plant in the east coast state of Orissa and will invest $135 million in a new exploration ship and the refurbishing of another vessel to mine minerals under its oceans.
Tibetan nomads in China's vast inland province of Qinghai have clashed with Chinese gold miners in attempts to defend a mountain considered sacred by local religious beliefs.
Newmont Mining's (NYSE:NEM) $4.8 billion copper-gold project in Cajamarca Peru remains as one of the company’s priorities, but further development will be done on a very measured basis, told MINING.com the company’s head of communications, Omar Jabara.
An awaited speech by Federal Reserve’s chairman Ben Bernanke at a central bankers' symposium in Jackson Hole, Wyoming, tomorrow, has investors wondering whether the institution will embark on another asset buying programme, known as quantitative easing.
Mining tycoon Gina Rinehart has triggered a squall of controversy in Australia by issuing a call for the minimum wage to be reduced and accusing those jealous of her immense wealth of being lazy.
Barrick Gold (NYSE:ABX) has found itself at the centre of a Canadian political controversy following its failure to properly report three separate lobbying discussions with Nigel Wright, Prime Minister Stephen Harper's chief of staff.
Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.