MINING.COM

Gold climbs to three-month high

Spot gold has added $52 this week, leaping from $1,618/oz on Monday to finish the week at $1,670 and hit a three-month high.

Michael Allan McCrae | August 25, 2012 | 7:07 pm

BHP chews over ways to expand iron ore production in Australia

The world's number one miner, BHP Billiton, wants to leave the news of its first decrease in annual profit in three years behind by focusing on finding the most lucrative way to increase iron ore production in Western Australia.

Cecilia Jamasmie | August 24, 2012 | 1:40 pm

Australian resource minister declares mining boom over, then backtracks

Less than 24 hours after Australia's minister for resources and energy declared that the country's mining boom had come to an end, he appeared saying he was misinterpreted, and that the resources industry is still moving ahead.

MINING.COM Staff Writer | August 24, 2012 | 7:11 am

Philex’s tailings dam failings highlight ineptitude of corporate legal team

Adverse publicity surrounding the failings of Philex Mining's (PX:PM) tailings dams in the Philippines attest more to the shortcomings of its corporate legal team more than poor operating standards in developing economies.

Marc Howe | August 24, 2012 | 6:16 am

Republicans put return to gold standard on table

The USA's Republican party is giving serious consideration to making a return to the gold standard a part of its official policy platform.

Marc Howe | August 24, 2012 | 3:02 am

Canada’s Lalor gold, zinc, copper mine stealing thunder

There's no doubt the big story in mining in Manitoba these days is HudBay's Lalor project near Snow Lake. Weighing in at about $700 million, the zinc/copper/gold mine is shaking up the economic landscape in the region.

Winnipeg Free Press | August 23, 2012 | 7:10 pm

Canada shrinks National Park plans to leave room for mining

Canada’s federal government opened a can of worms Wednesday after announcing that a national park, to be created in the North of the country, will be smaller to make room for mining endeavours.

Cecilia Jamasmie | August 23, 2012 | 1:29 pm

Investors have nowhere left to hide and will start running to silver and gold: Sprott

Eric Sprott says the negative interest rate policy (NIRP) in Europe—the rate bonds pay out for favoured countries like France and Germany—will eventually sour investors and turn them to hard assets like gold and silver.

Michael Allan McCrae | August 23, 2012 | 6:02 am

Gold Fields to miss production target, reviews portfolio

Gold Fields (NYSE:GFI), the fourth-biggest bullion producer, said it will fail to reach its predicted output target of 3.5 million ounces for 2012 and that it is revising its operations to increase the delivery of profits rather than ounces of the precious metal.

MINING.COM Staff Writer | August 23, 2012 | 5:45 am

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Goldcorp reports net loss of $131 million in Q2

Kibali gold mine aims at record output after underground ramp-up

Antofagasta copper output up in Q2 despite Los Pelambres pipeline issue

Ecuador mining reforms good news for Lumina Gold’s project

Canada scaring mining investors with long, unclear permit processes

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