Robust demand for bullion in Europe, Middle East and China again – very little selling

Gold is mixed and marginally higher in dollars and euros today despite European finance ministers pledging extra funding to the IMF.

Philippine Times | December 20, 2011 | 5:00 pm

26 trapped in China coal mine

Twenty-six miners remained trapped Tuesday in a flooded coal mine in northeast China, Xinhua reported. The illegal coal mine in Boli county of Heilongjiang province belonged to the Hengtai Coal Mining Co. Ltd.

Philippine Times | August 23, 2011 | 4:28 pm

India to consider banning chrome ore exports to China

According to the CEO of Albanian Minerals, India and South Africa are mulling a ban on raw chrome exports to China in a bid to keep local ferrochrome producers competitive ... Read the full story at Mine Web

Philippine Times | August 22, 2011 | 8:21 pm

Zambia Y1 copper output rose 4 pct – Central Bank

Zambia's copper output in the first half of the year rose by 4%, driven by improved production at mines in the Copperbelt and North-Western provinces, the Central Bank of Zambia said Tuesday.

Philippine Times | August 9, 2011 | 3:38 pm

AngloGold Ashanti to sell Congo mining area

South Africa-based gold miner AngloGold Ashanti Ltd. said Thursday that it offered to sell 390,000 square meters of undeveloped land next to its Savuka mine for 35 million rand ($5.1 million) to Blyvooruitzicht Gold Mining Co.

Philippine Times | July 14, 2011 | 9:07 pm

Rio Tinto appoints former Barclays CEO Varley to board

Rio Tinto PLC has appointed John Varley, the former chief executive of Barclays PLC, as a non-executive director to Rio Tinto's board of directors in the U.K. and Australia, starting Sep 1.

Philippine Times | July 7, 2011 | 6:09 pm

Gold futures end winning streak as investment demand eases

Gold futures fell Thursday, pulling back after a two-session win, as upbeat U.S. economic data eased investment demand for the metal and comments from the European Central Bank president calmed concern about Europe's debt.

Philippine Times | July 7, 2011 | 6:07 pm

No power to close Cebu coal plant

(Source: Sun Star Daily) Entertainment THE bank that financed the controversial coal-fired power plant in Naga City, Cebu said it has no power to padlock the facility if owners fail to conform with environmental and safety considerations. Bruce Purdue,

Philippine Times | July 3, 2011 | 6:40 pm

Philippines opts for Korean coal power

South Korea's state-run power company Korea Power Electric Corp. has completed a 200-megawatt power plant in the Philippines. The $451 million coal-fired plant is funded in part by a $120 million loan.

Philippine Times | June 28, 2011 | 9:53 pm

Murchison in talks for Australia iron ore port funding

The proposed Oakajee iron ore port and rail project in Australia, which last week faced the loss of a key customer, may have hit another snag, with one the two developers saying it was having problems raising funding.

Philippine Times | June 27, 2011 | 7:24 pm