MINING.COM

Dud investments the norm for China’s state-owned companies, says former Rio Tinto exec

People should stop worrying about Chinese businesses buying up resource companies in Australia because the Chinese are no good at investing, says former Rio Tinto executive, Michael Komesaroff.

Marc Howe | July 30, 2012 | 5:56 pm

Strike gets Gold One to gut guidance

With an illegal strike on its hands Gold One has reduced its guidance, originally set at 300 000 oz, down to 250 000 oz.

Joshua Zapf | July 30, 2012 | 5:55 pm

Tanzania demands 30% tax from gold miners on grounds of rising prices

The gold-rich African nation of Tanzania has introduced a 30% corporate tax for mining companies in operation for more than five years, stating that the move is justified by rising precious metal prices on the international market.

Marc Howe | July 30, 2012 | 5:10 am

Gold equity funds post dire performance

Gold equity funds have posted a baneful performance in the past year despite firm gold prices and rich returns from gold ETF's.

Marc Howe | July 30, 2012 | 5:01 am

Platinum underperforms gold due to lack of respectable safe-haven status

Platinum's poor performance relative to gold of late may be due to its lack of status as a safe-haven investment and a credible means of storing value.

Marc Howe | July 30, 2012 | 4:18 am

Fresh doubts over Olympic Dam as BHP freezes hiring

BHP's board was to make a decision on the $30 billion project this year, but a newspaper report over the weekend said a decision will not be made until 2014 and BHP's uranium division "confirmed the deferral and said a recruitment freeze was now in place".

Frik Els | July 30, 2012 | 12:32 am