MINING.COM

San Gold’s clearcut raises ire of environmentalists

To get a replacement tailing pond started for its mine, San Gold (TSE:SGR) clearcut a forest near the Wanipigow River, but the Manitoba branch of the Wilderness Committee accuses the company of taking down the trees before getting proper permission.

Michael Allan McCrae | June 13, 2012 | 5:59 pm

BHP’s already eye-watering Olympic Dam expansion bulked up again

World number one miner BHP Billiton on Wednesday bought additional exploration plots near its Olympic Dam mine and $30 billion expansion project.

Frik Els | June 13, 2012 | 2:01 pm

Outflows for gold ETPs despite high equity market volatility

During May 2012 the price of gold dropped over 6% and investors withdrew over €1 billion from gold ETPs.

Investment Europe | June 13, 2012 | 1:45 pm

Mining companies should chase more M&As – JPMorgan

Asset manager at JPMorgan, Neil Gregson, says mining companies should pursue more takeovers as escalating costs prompt them to slow spending on expansions.

Bloomberg News | June 13, 2012 | 1:24 pm

Kazakh central bank aiming for 20% of reserves in gold

According to Kazakhstan's deputy central bank chairman, the central bank plans to boost the share of gold in its gold and foreign currency reserves to 20% from 14-15%

Reuters | June 13, 2012 | 8:34 am

EPA Pebble Mine review: Dirk Van Zyl and biogeochemists

I must return to the topic of the Pebble Mine. What is happening there is so extreme and contentious that it is setting the pinnacle (and possible the standard) for debate about opening new mines in sensitive places.

Jack Caldwell | June 13, 2012 | 12:06 am

Why Indians end up buying gold

India should be doing better, according to Raghuram Rajan, a professor of finance at the University of Chicago, but bad government policy keeps stepping on the country's growth and sends its citizens back to gold.

Michael Allan McCrae | June 12, 2012 | 8:42 pm

Rising chorus for stimulus takes gold to 5-week high

The Fed's new near-zero interest rate policy and purchases under QE1 kicked off on 16 December 2008. On 15 December 2008 an ounce of gold cost $837.50.

Frik Els | June 12, 2012 | 6:50 pm

Dr Kloppers took home $15 million last year. How is the sypercycle turning out for you?

The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.

Frik Els | June 12, 2012 | 2:30 pm

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