MINING.COM

India’s Jindal employees in Bolivia arrested and equipment seized for alleged ‘breach of contract’

Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days ago.

Cecilia Jamasmie | July 21, 2012 | 5:58 pm

No signs of the mining boom ending for Australia any time soon: studies

There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an annual average rate of 4.3%, reveals a study published Saturday.

Cecilia Jamasmie | July 21, 2012 | 4:54 pm

London 2012: And the 92.5% silver gold medal goes to…

Making the 2012 Olympic gold medal from pure gold would amount to $22,000 per medal at Friday's closing price of $1,585 an ounce. Event organizers baulked and opted for a mix of silver, a few grams of gold and copper for winning athletes.

Frik Els | July 21, 2012 | 12:20 am

Disgraced Peregrine CEO had a penchant for Spongebob silver

FBI raids on the Iowa offices of Peregrine Financial Group have uncovered a trove of special-edition SpongeBob Squarepants silver bullion amongst the effects of the failed futures brokerage.

Marc Howe | July 20, 2012 | 6:52 am

GATA’s Bill Murphy alleges silver manipulation by JP Morgan

Bill Murphy, the controversial head of the Gold Anti-Trust Action Committee (GATA) alleges that JP Morgan engaged in ongoing silver manipulation, and that the company's suspension of such operations were responsible for a dive in silver prices in January 2011.

Marc Howe | July 20, 2012 | 3:34 am