Anglo American sues Codelco over breach of contract

Anglo American said Thursday it had filed a writ with Santiago's Court of Appeals, suing the Chilean firm for breach of contract in a dispute over its south Chilean assets.

Mineweb | December 22, 2011 | 8:00 pm

India’s GDP growth hit due to slump in mining

The mining sector, which accounts for 5% of the $1.4 trillion economy, is beset with hurdles, with declining mining activity impacting state finances.

Mineweb | December 22, 2011 | 2:51 pm

Gold and silver the currency of the elite in the Great Financial Crisis – Thunder Road

Paul Mylchreest's Thunder Road Report always makes for fascinating reading and his take on the global economy, gold and silver is frightening and disturbing. Read, learn and inwardly digest.

Mineweb | December 22, 2011 | 1:56 pm

How 2012 is shaping up and what it means for gold

Sharps Pixley's Ross Norman looks at what we can expect in 2012 and what the key drivers for precious metals are likely to be in the new year.

Mineweb | December 22, 2011 | 12:21 pm

Gold hit as Euro debt concerns persist

Gold was down a touch on Thursday, recovering from an earlier low of $1,602.04/oz but struggled to gain traction as concerns over the depth of the euro zone crisis continue.

Mineweb | December 22, 2011 | 12:01 pm

Buying and selling gold using momentum indicators for stronger returns

If you trade gold and gold stocks, timing purchases and sales using certain key momentum indicators should sharply increase your returns. Retrospective analysis.

Mineweb | December 22, 2011 | 10:21 am

S and P downgrades nuclear giant Areva on weak profits, credit metrics

The 2007 acquisition of UraMin by Areva proved financially costly, and is now compounded by a criminal complaint filed by Areva's former CEO concerning a private investigation into the purchase.

Mineweb | December 22, 2011 | 8:19 am

Gloucester Coal’s trading suspended on China bid

Trading in shares of Gloucester Coal was suspended on Thursday, as China's Yancoal was said to be preparing a takeover offer estimated at $2 billion.

Mineweb | December 22, 2011 | 7:45 am

PNG rejects appeal to block Ramu nickel sea dumping

A Papua New Guinea court has rejected an appeal by local landowners to block deep sea dumping of waste from the Ramu nickel mine, junior partner Highlands Pacific said on Thursday.

Mineweb | December 22, 2011 | 7:35 am

KGHM eyes joint takeovers with China’s Minmetals

According to KGHM's CEO, Herbert Wirth, the company is considering making joint acquisitions with China's Minmetals Corporation outside its home country.

Mineweb | December 22, 2011 | 7:30 am

Japan’s Nov rolled copper output down 10.4 pct

The Japan Copper and Brass Association said Thursday the country's output of rolled copper product plunged 10.4% from a year earlier in November owing to sluggish demand.

Mineweb | December 22, 2011 | 7:26 am

Copper slips after 2 days of gains

London copper slipped on Thursday, after gaining 2.7% in the past two days, on concerns that the latest round of ECB loans to banks were insufficient to help pull Europe out of its debt crisis.

Mineweb | December 22, 2011 | 7:26 am

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