MINING.COM

Flight to quality, key to junior mining investing

While the junior mining sector has not seen the benefits of higher gold prices, there is reason for optimism, says Vikas Ranjan, managing director and principal of Ubika Research.

The Gold Report | November 9, 2012 | 4:35 am

Lonmin to make $800 million share offer at 45% discount to TERP

Inside sources claim platinum miner Lonmin (LON:LMI) will price an upcoming share offer at a 45% discount to the theoretical ex-rights price (TERP) on Friday, in the hope of raising a total of $800 million.

Marc Howe | November 9, 2012 | 4:02 am

South African report highlights Chinese labor abuses in the Sub-Sahara

A new report by Johannesburg-based South Africa Resource Watch (SARW) claims that China is exploiting cheap labor in the sub-Saharan nation and subjecting employees in the mining industry to harsh working conditions.

Marc Howe | November 9, 2012 | 3:17 am

Aboriginal land council amenable to uranium mining in Western Australia

The chairwoman of the Broken Hill Aboriginal Land Council has declared that she is open to possibility of uranium mining in the region.

Marc Howe | November 9, 2012 | 2:48 am

E-Learning as Solution for Skills Improvement of Mine Workers

As reported on miningweekly.com, the online training provider The Training Room Online thinks that the African mining industry can benefit from e-learning […]

Susanne Iberle | November 9, 2012 | 12:23 am

Mitsubishi’s $6.7 billion Oakajee project scuppered by costs blowout and Chinese demurral

Mitsubishi's AUD$6.7 billion Oakajee port and rail project in Western Australia has been put on hold as the company cuts costs in the face of adverse economic conditions and struggles to obtain Chinese investment support.

Marc Howe | November 9, 2012 | 12:02 am

Gold price hits 3-week high as investors buy metal in record numbers

The prospect of continuing dovish US monetary policy under re-elected US president Barack Obama is lighting a fire under gold ETF investors.

Frik Els | November 8, 2012 | 11:55 pm

‘Mini gold rush’ hits Victoria

A "mini gold rush" of amateur prospectors has hit the Australian state of Victoria, with families and retirees from state capital Melbourne traveling to Bendigo in the hopes of striking it rich.

Marc Howe | November 8, 2012 | 11:49 pm

Molycorp surges after better than expected results

Rare earth producer Molycorp reported a Q3 loss on Thursday, but investors liked top line growth that jumped 49% to $205.6 million.

Frik Els | November 8, 2012 | 10:03 pm

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