MINING.COM

Investors jump back into Nautilus after CEO departure

Nautilus Minerals shot up 8.5% in heavy volumes on Wednesday as investors anticipate a new direction for the embattled company following the departure of long-time CEO Stephen Rogers.

Frik Els | November 1, 2012 | 5:55 pm

Pascua-Lama costs and challenges take shine off Barrick Gold earnings

Cost burdens continue to upset Barrick Gold Corp. (NYSE, TSX: ABX), as the globe's top gold miner hiked Thursday its cash cost guidance for 2012 and warned that costs at its massive Pascua-Lama project will be almost three times more than the $3 billion announced in 2009.

Cecilia Jamasmie | November 1, 2012 | 1:29 pm

Germans demand bullion back after Federal Reserve refuses to let them view their own gold

A secret report by Germany’s Federal Audit Office leaked to the public last week states that the Federal Reserve Bank of New […]

Marc Howe | November 1, 2012 | 6:42 am

Australia’s mining workforce up 65% over five year period

69,667 more Australians joined the mining industry from 2006 - 2011

Marc Howe | November 1, 2012 | 2:36 am

Bullion makers bounce back from 28-year low against gold

Major gold miners are bouncing back from 28-year lows against the precious metal via cost reductions and improved cash flows. Bloomberg reports […]

Marc Howe | November 1, 2012 | 1:06 am

Missing German bullion could be the gold market’s black swan

Remarks by leading precious metals experts Bill Haynes and John Hathaway indicate that the recently exposed dearth of physical bullion in German […]

Marc Howe | November 1, 2012 | 12:02 am

BHP introduces robot fleet in Pilbara

BHP will in time set up similar facilities for its Queensland coal mines and at its Escondida copper mine in Chile.

Frik Els | October 31, 2012 | 11:01 pm

$16 trillion of platinum could be extracted from seawater

Space mining start-up Planetary Resources President, Chris Lewicki, made more than one eyebrow rise Wednesday as he wrote in his blog that there are about $16 trillion worth of platinum waiting to be extracted in our Earth’s oceans.

Cecilia Jamasmie | October 31, 2012 | 5:12 pm

Canada’s economy drops as mining and oil plunge

Canada’s economy shrank 0.1% in August, the first drop in six months, driven mainly by depressed manufacturing and energy sectors, Statistics Canada said Wednesday.

Cecilia Jamasmie | October 31, 2012 | 2:52 pm

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Russia’s Petropavlovsk sees net profit next year as key project boosts output

Biggest Sibanye Gold unions get approval to strike over pay

Barrick’s Bristow bet seen as boosting South America revival

Freeport, Rio formally yield control of giant Grasberg mine to Indonesia

Congo leader vows elections to proceed on schedule in December

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