MINING.COM

Five billion dollar loss expected at BHP Billiton after shale gas misplays

Sunday Times (paywall) reports that collapsing natural gas prices will probably cost mining giant BHP Billiton upwards of $5 billion in writedowns.

Michael Allan McCrae | April 22, 2012 | 4:14 pm

Wesizwe Platinum’s new mine smell

The construction of Wesizwe's Bakubung mine is in sharp contrast to the the general gloominess that currently envelops South Africa's platinum sector

Mineweb | April 22, 2012 | 8:30 am

As investors lose faith in dollar gold will win out

Gold is currently treading water but Jeff Nichols believes that the chances of a breakout to the upside are significantly greater than the probability of a breakdown with the gold bull having five to ten years of life ahead,

Mineweb | April 22, 2012 | 8:22 am

Policy maker behind Indonesia’s 25-percent mining tax dies while mountain climbing

The key policy maker behind a drive to impose a 25% tax on Indonesia's mining exports passed away unexpectedly on Saturday.

Michael Allan McCrae | April 21, 2012 | 8:01 pm

Creepy vintage ad: ‘I hope the lead I’m mining will be used in your paint’

Social news site Reddit ran a vintage mining ad showing a happy miner extolling the virtues of lead.

Michael Allan McCrae | April 21, 2012 | 6:57 pm

Poll shows support for mining in space

While we may receive confirmation on Tuesday that James Cameron and some Google executives are going to start mining in space, CBC asked its readers if it's even a good idea and found strong support.

Michael Allan McCrae | April 21, 2012 | 6:22 pm

Rainy River shareprice slides 10 pct on capital cost speculation

Investors punish Rainy River Resources as its President and CEO Raymond Threlkeld warns of imminent capital cost escalation.

Mineweb | April 21, 2012 | 5:27 pm

Jim Rogers becomes director of a B.C. gold company

Jim Rogers, legendary commodity investor and co-founder of the Quantum Fund, became a director at Spanish Gold Mountain.

Michael Allan McCrae | April 21, 2012 | 4:06 pm

Peru’s Humala says Newmont mine project needs work

Peruvian President Ollanta Humala said on Friday that U.S.-based Newmont Mining should carry out a more ambitious environmental mitigation plan if it hopes to build its $4.8 billion Conga gold mine project.

Reuters | April 20, 2012 | 11:49 pm

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