MINING.COM

All that wealth and now somewhere to put it

Located somewhere under 'a building within the international airport compound' in Hong Kong, Malca-Amit's vault is designed to hold 1,000 tonnes of gold – roughly 22% of the gold bullion currently at Fort Knox.

Joshua Zapf | July 26, 2012 | 7:27 am

Australian miners seek a wealth of opportunities in a new Myanmar

Australian exploration and mining firms are readying themselves for forays into Myanmar following the end of decades of military rule earlier this year and the country's opening up to foreign investment.

Marc Howe | July 26, 2012 | 2:53 am

Arrested Australian warns of Indonesian business perils

An Australian mining businessman facing the prospect of five years in an Indonesian prison has warned others of the perils of doing business in the South-east Asian giant, saying he 'got caught like a spider in a web.'

Marc Howe | July 26, 2012 | 2:08 am

Harmony up 7% as punters bet Wafi-Golpu pre-feasibility will map out a Grasberg rival

Release of a pre-feasibility study for Wafi-Golpu in Papua New Guinea is expected any day now and punters hope drilling results that put the deposit into the same league as Freeport-McMoran’s Grasberg mine across the border in West Papua, Indonesia are confirmed.

Frik Els | July 25, 2012 | 7:40 pm

Antofagasta Minerals ‘scored’ with appointment of ex-Codelco CEO Hernandez: analysts

FTSE 100 miner, copper giant Antofagasta PLC (LON:ANTO) announced Tuesday it had appointed Diego Hernandez, the former head of state miner Codelco, a move qualified by insiders as “a goal” for the London-listed Chilean miner.

Cecilia Jamasmie | July 25, 2012 | 7:00 pm

Gold up $32 as QE3 drumbeat grows louder

Gold scaled the $1,600 an ounce level for the first time in three weeks on Wednesday as investors, worried about cheap money flooding markets and debasing the US dollar, turn to gold as an inflation hedge.

Frik Els | July 25, 2012 | 6:25 pm

Harmony opts to starve illegal miners

The drastic step, as reported by Reuters, is to "cut supply lines to gangs of illegal miners used to staying deep in the mines for months on end, threatening lives and official production."

Joshua Zapf | July 25, 2012 | 6:16 pm

Third time’s the charm for Peru’s mining issues?

Faced with never ending environmental and social conflicts over mining projects, Peru's President Ollanta Humala decided yesterday to reshuffle his Cabinet… again…for the third time.

Cecilia Jamasmie | July 25, 2012 | 5:27 pm

Miners buying existing projects rather than starting their own: study

Escalating costs and economic instability may be the two main reasons why mining companies worldwide are acquiring existing projects instead of starting their own, shows the latest report from global firm Ernst & Young.

Cecilia Jamasmie | July 25, 2012 | 2:46 pm

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All that wealth and now somewhere to put it

Australian miners seek a wealth of opportunities in a new Myanmar

Arrested Australian warns of Indonesian business perils

Harmony up 7% as punters bet Wafi-Golpu pre-feasibility will map out a Grasberg rival

Antofagasta Minerals ‘scored’ with appointment of ex-Codelco CEO Hernandez: analysts

Gold up $32 as QE3 drumbeat grows louder

Harmony opts to starve illegal miners

Third time’s the charm for Peru’s mining issues?

Miners buying existing projects rather than starting their own: study

Gold

Intraday

1 Week

1 Month

6 Months

1 Year

5 Years

Historical

Silver

USD/ozt

Platinum

USD/ozt

Palladium

USD/ozt

Iridium

USD/ozt

Rhodium

USD/ozt

Ruthenium

USD/ozt

Sign Up for the Mining News Digest

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