MINING.COM

BHP expresses confidence in copper, foresees 10% CAGR for next three years

Diversified mining giant BHP Billiton (ASX:BHP) has expressed strong confidence in the long-term outlook for the global copper market.

Marc Howe | October 1, 2012 | 12:05 pm

Glencore slammed with tax dodge accusations

Glencore (LSX:GLEN) has been accused of dodging millions of pounds in tax through the use of complex derivatives to artificially reduce profits.

Marc Howe | October 1, 2012 | 4:43 am

Arrium Mining surges after spurning billion dollar bid

Australian steelmaker and iron miner Arrium (ASX:ARI) has seen its shares surge after rejecting a $1 billion takeover bid for the company's mines and blast furnace.

Marc Howe | October 1, 2012 | 1:55 am

38 Chinese nationals deported from Ghana for illegal gold mining

38 Chinese nationals caught mining for gold illegally in the west African nation of Ghana have been arrested and deported.

Marc Howe | October 1, 2012 | 1:29 am

Newcrest’s $2 billion Cadia East project faces legal action from private rivals

Newcrest Mining (ASX:NCM) is accused of licensing breaches by a private exploration company seeking to scupper the gold mining giant's $2 billion Cadia East project.

Marc Howe | October 1, 2012 | 1:03 am

Lonmin concessions and AngloGold closure heighten contagion concerns

The closure of AngloGold Ashanti's (NYSE:AU) nation-wide operations and Lonmin's concessions to striking workers (LSX:LMI) have raised concerns that unhealthy precedents are being set for future industrial unrest.

Marc Howe | October 1, 2012 | 12:26 am

Finland has plans afoot to phase out coal

Finland could become the first European country to end usage of coal in energy production.

Marc Howe | September 30, 2012 | 4:04 am

Binge-drinking broker pushes oil prices to 8-month high during black out

The actions of an inebriated broker during a booze-induced black-out pushed global oil prices to an 8 month high.

Marc Howe | September 30, 2012 | 3:41 am

Xstrata board endorses Glencore merger deal just shy of deadline

Xstrata's board will recommend the merger of the company with fellow Swiss commodities giant Glencore.

Marc Howe | September 30, 2012 | 3:17 am

IMF earmarks $2.7 bn in gold sales windfall for concessional lending to needy economies

The International Monetary Fund has given the go ahead to the use of USD$2.7 billion in profits from gold sales to ramp up financial assistance to developing economies.

Marc Howe | September 30, 2012 | 2:40 am

Gold set to rise on inclusion as Tier 1 banking asset

Gold prices are set to a receive a major boost from their adoption by banks are a core asset if the world's leading banking regulatory authority opts to raise their asset status.

Marc Howe | September 30, 2012 | 2:05 am

AngloAmerican to cut coal output

AngloAmerican (LSE:AAL) plans to implement reductions in coking coal over the next several months with further industry-wide cuts still expected.

Marc Howe | September 28, 2012 | 4:38 am

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