Despite write-down, Tasiast remains Kinross Gold’s top priority

Kinross CEO Tye Burt said the company's technical understanding of the orebody "has grown substantially" at its controversial Tasiast gold project in Mauritania in West Africa.

Mineweb | February 27, 2012 | 7:50 pm

Indian gold ETF investment doubled last year – and set to surge this

As investors in India look to bolster their investment portfolio and look for options outside the stock market, demand for ETFs that invest in gold doubled in 2011 and is forecast to rise further in 2012.

Mineweb | February 27, 2012 | 11:41 am

Zijin Mining, Barrick Gold ponder beneficial business relationship

China's largest gold miner recently met with the world's largest gold company to discuss possible opportunities for future cooperation.

Mineweb | February 27, 2012 | 8:34 am

Former Crystallex Las Cristinas gold project to go ahead with Chinese help

Venezuela's President Chavez has annoiunced that Chinese investment company CITIC will help develop the potentially extremely large Las Cristinas gold project which has been withdrawn from Crystallex.

Mineweb | February 26, 2012 | 1:10 pm

Osisko Mining’s Malartic mine lifts Q4 profit

Helped by a strong performance at its Malartic mine, Osisko reported a C$37.8 million 4Q net profit.

Mineweb | February 24, 2012 | 12:32 am

Controversial hike in fees could affect bids to take over London Metal Exchange

The LME Board is considering adjustments to its proposed new fee structure which has met with opposition from member companies, but will also affect earnings projections by prospective bidders for the Exchange.

Mineweb | February 23, 2012 | 1:14 pm

What will happen to First Uranium

It is no secret that First Uranium is in a pickle. Releasing a forecast that shows its cash will run out by the end of March will be cold comfort to shareholders and creditors alike.

Mineweb | February 22, 2012 | 12:27 pm

Gold rises after Greek deal gives Euro brief boost

The gold price climbed for a second day Tuesday to $1,736.84/oz, helped by a brief rally in the euro after Greece secured its second round of bailout funding.

Mineweb | February 21, 2012 | 12:28 pm

China Steel to invest in Australian coal project

Taiwanese steelmaker, China Steel, will pay $104 million to invest in a coal mine in Australia and take rights to 10% of the future output, in a move to counter the impact of higher coal prices.

Mineweb | February 21, 2012 | 10:42 am

Bank of China moves closer to London Metals Exchange membership

Bank of China International (BOCI) is on track to become the first Chinese member of the London Metals Exchange - giving the bourse a boost while it is considering possible takeover bids - following authorisation by the UK financial regulator.

Mineweb | February 20, 2012 | 3:33 pm

Australian coal booming despite impending carbon tax

The impending carbon price has done nothing to deter investment in the coal industry, with spending on exploration surging faster than any other mineral commodity.

Mineweb | February 20, 2012 | 9:12 am

Class action sharks circle as Kinross Gold vows to fight

At last count four law firms say they are filing class action lawsuits stemming from Kinross Gold's decision to take a non-cash goodwill impairment charge of nearly $3 billion.

Mineweb | February 20, 2012 | 7:14 am

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