MINING.COM

Gold: A dead cat bouncing or last chance to buy before Grexit and QE in the EU send prices rocketing?

If the EU joins the US in flooding the market with cheap money it will be a massive boon for gold. It is worth remembering that before the Fed kicked off QE1 on 16 December 2008 an ounce of gold was changing hands for $837.

Frik Els | May 17, 2012 | 8:16 pm

Expat execs in Africa: Without ‘danger pay’ how does the money stack up now?

Africa's economic indicators are all pointing up, but executive pay packages and living arrangements for expatriates are changing too.

Frik Els | May 17, 2012 | 8:00 pm

Coal miners rally against Biden in Ohio

Vice President Joe Biden, campaigning in Ohio, got a frosty reception from a group of coal miners opposed to the Obama Administration's anti-coal stance.

Andrew Topf | May 17, 2012 | 7:23 pm

Russian billionaire Prokhorov files for copper-nickel Toronto IPO

Move over Mark Zuckerberg. Russia’s Mikhail Prokhorov, who Forbes ranks as the 58th richest person globally, has filed a prospectus to list his Intergeo MMC in Toronto, announcing it the day before Facebook goes public.

Mining Weekly | May 17, 2012 | 6:55 pm

Rio Tinto doubles mine trainees in Australia

Miner Rio Tinto has announced plans to double its mine trainee and apprenticeship programs to meet future demands in Australia, reports Australian Mining.

Joanna Gaskell - Education Editor | May 17, 2012 | 5:16 pm

Fire near Arizona mining town nearly triples in size

Fueled by high winds, a wildfire that has prompted the evacuation of a historic mining town in northern Arizona nearly tripled in size.

NYC Independent Media Center | May 17, 2012 | 3:22 pm

Crated and buried Spitfires cause business split

Two business partners have fallen out over attempts to dig up about 60 pristine Spitfires that were put in storage and buried in Myanmar after World War II. Each is worth an estimated $2 million.

Michael Allan McCrae | May 17, 2012 | 3:13 pm

Man passes 1.7 carat diamond

A 52-year-old man detained in a dry cell at a police station in Windsor, Ont., while they wait for him to give up a $20,000 diamond, has finally passed the stone. He is accused of swallowing the diamond last week.

Michael Allan McCrae | May 17, 2012 | 2:31 pm

Timmins Gold hits 52-week low after Q1

Mexican miner Timmins Gold (TSX:TMM) has lost 22% for the year and hit a 52-week low of $1.58 after reporting Q1 on Tuesday.

Michael Allan McCrae | May 17, 2012 | 1:45 pm

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