MINING.COM

Mining’s new age of austerity will hurt consumers

Shareholders will celebrate as lower supply boosts prices and profits, but consumers of metal and minerals will be hard hit.

Frik Els | November 5, 2012 | 8:14 pm

Rio Tinto to Oyu Tolgoi mine: Let there be light

After months of difficulties, Rio Tinto’s (LON:RIO) flagship Mongolian copper-gold mine, Oyu Tolgoi, will start producing early next year as the giant miner has finally solved the issue of power supply from next-door China.

Cecilia Jamasmie | November 5, 2012 | 4:52 pm

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

Marc Howe | November 5, 2012 | 4:36 am

Silver nano-particles used to make HIV-resistant super-prophylactic

Canadian scientists claim that silver nano-particles could be used to fashion a super-prophylactic capable of killing the HIV and herpes viruses as well as other STD's.

Marc Howe | November 4, 2012 | 2:50 am

Australia’s Greens call for $26bn in mining tax revenue over next four years

The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to $26 billion over the next four years.

Marc Howe | November 4, 2012 | 12:43 am

Mining boom’s second wind to arrive in 2020

The head of the Australian Stock Exchange says the country should prepare for another mining boom in around a decade's time by providing exploratory tax concessions to resource juniors.

Marc Howe | November 3, 2012 | 12:59 am

Inmet Mining’s profit jumps 19%, beats expectations

Canada's Inmet Mining Corp (TSX:IMN) posted a 19% rise in third-quarter profit, as copper production and prices improved.

Cecilia Jamasmie | November 2, 2012 | 2:53 pm

Why are Petaquilla Minerals and Inmet Mining fighting in Panama?

Canadian miners Petaquilla Minerals Ltd. (TSX:PTQ) and Inmet Mining Corp. (TSX:IMN) have been on the news in recent weeks as the companies locked horns over land rights near the Cobre Panama copper project, run by Inmet’s subsidiary Minera Panama.

Cecilia Jamasmie | November 2, 2012 | 2:32 pm

Yields of leading silver miners plunge 34% in six years, underperforming gold producers

Yields of top five silver miners fall even more than gold producers

Marc Howe | November 2, 2012 | 3:47 am

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