MINING.COM

Eldorado jumps after work resumes at Greek project

Eldorado Gold added more than 3% on Tuesday after announcing Greece's top administrative court had revoked a provisional order issued on June 29 which suspended the surface clearing activities of Hellas Gold, a 95%-owned subsidiary of Eldorado, in Halkidiki, Greece.

Frik Els | July 24, 2012 | 7:14 pm

Intrepid Mines sold off again after failing to find raiders of its Indonesia project

Intrepid Mining has now lost 59% of its market value after news broke that a local business groups orchestrated the ouster of ASX and TSX-listed company from an Indonesian copper and gold project.

Frik Els | July 24, 2012 | 6:28 pm

Indonesia ‘requests’ 51% of Grasberg, Freeport agrees to 9.3% ‘at the moment’. What happens next?

The tide of resource nationalism sweeping the developing world may be catching up with Grasberg and Freeport Indonesia.

Frik Els | July 24, 2012 | 5:55 pm

Canadian mid-tier gold miners present an investment bright spot

Mid-tier gold miners are outperforming industry giants by pursuing smaller project for lower costs. According to Julie Gordon writing for Reuters, modest-sized […]

Marc Howe | July 24, 2012 | 2:31 am

Intrepid Mining plunges 55% on shadowy Indonesian ouster

Australia's Intrepid Mining (ASX:IAU) has seen its share price plunge after being summarily booted from a key copper project in Indonesia by powerful local business interests.

Marc Howe | July 24, 2012 | 12:08 am

Pebble mine: ‘If God were testing us, he couldn’t have found a more challenging place’

Arguably the richest prize in mining, the Pebble project pits a watershed where up to 40 million salmon spawn each year against copper and gold reserves worth as much as $500 billion according to a new documentary.

Frik Els | July 23, 2012 | 11:32 pm

Detour Gold announces connection of the 230 kV transmission line and 75% construction completion at Detour Lake

The Ontario project remains on budget and on schedule for gold production to start in the first quarter of 2013.

Marketwire - Mining and Metals | July 23, 2012 | 8:05 pm

Dynasty Metals’ processing plant robbed at gunpoint

A group of armed robbers gained access to the site and escaped with dore bars worth over $2 million.

Joshua Zapf | July 23, 2012 | 7:00 pm

Investors dig 16% hole in African Barrick after Tanzania costs jump 43%

The Tanzanian-focused miner blamed the cost of generating its own electricity – which it has to do "more and more" – for the increase in costs.

Frik Els | July 23, 2012 | 5:24 pm

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Militia kills five in attack on Banro Corp’s east Congo gold mine

Pebble developer craters after copper giant pulls out

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