MINING.COM

Lofty bonus for doctor at an Australian mine

Australian gold company Northern Star Resources (ASX:NST) is offering a $200,000 bonus to any oncologist willing to spend two years close to the mine area providing radiation therapy to children with cancer.

Cecilia Jamasmie | November 5, 2012 | 11:50 am

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

Marc Howe | November 5, 2012 | 4:36 am

China transforming into gold bullion superpower on the sly

As rumors fly that leading Western economies have exhausted their gold hoards, China has become the world's biggest gold producer while also discretely accumulating bullion reserves.

Marc Howe | November 5, 2012 | 12:02 am

AngloGold could spin-off assets into separate regional entities

The CEO of AngloGold Ashanti said the company is considering the creation of separate regional entities in South Africa, Colombia and Australia via the spin-off of assets in order to enhance shareholder value and better compete against local rivals such as Newcrest Mining.

Marc Howe | November 4, 2012 | 11:47 pm

Record high gold prices stymie Indians’ festive investment appetites

Record high prices and a number of other issues are set to diminish Indian gold demand during its traditional peak season.

Marc Howe | November 4, 2012 | 1:10 am

Australia’s Greens call for $26bn in mining tax revenue over next four years

The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to $26 billion over the next four years.

Marc Howe | November 4, 2012 | 12:43 am

No need to panic over slip in gold prices: Lassonde

Pierre Lassonde, one of the most accomplished and informed veterans of the global mining industry, tells investors not to panic about the recent fall in gold prices as the "macro picture is still very bullish."

Marc Howe | November 3, 2012 | 1:21 am

Mining boom’s second wind to arrive in 2020

The head of the Australian Stock Exchange says the country should prepare for another mining boom in around a decade's time by providing exploratory tax concessions to resource juniors.

Marc Howe | November 3, 2012 | 12:59 am

Gold price crashes through $1,700 after US jobs report

Good news is bad news for gold as losses over the past month top $100 an ounce.

Frik Els | November 2, 2012 | 4:57 pm

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Gold coin `Sultan’ faces death penalty as Iran hunts speculators

Japan’s Mitsui Mining expects H2 zinc output to rise 3.6 pct y/y

Barrick Executive Chairman increases shareholding in company to 5m Shares

After another quarterly loss, is worst over for commodities?

Gold miner Avocet hints at possible break-up

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