A bullion insider claims JP Morgan is accumulating huge volumes of physical gold and silver despite short positions against the precious metals on paper.
Brazilian billionaire Eike Batista, number one on MINING.com's list of the world's wealthiest miners, is about to get even richer as the tycoon is in talks to sell a 49% stake in his gold mining company, AUX, to Qatar Holding, the investment arm of that country's sovereign wealth fund.
When Leily Omoumi, a gold analyst with Scotiabank in Toronto, turns her engineer's eye on a mining company, she can translate insight into profits for investors.
Rio Tinto’s flagship $5.2 billion copper-gold Oyu Tolgoi mine in Mongolia near the Chinese border – one of the biggest mining projects in the world – is practically ready to go, except for one “detail”: it needs power supply to kick-start operations.
Vancouver-based Tahoe Resources Inc. said Wednesday construction activities on the power line for the Escobal silver project in Guatemala were disrupted by a mob intent on forcing the company to end construction.
They don’t often see eye-to-eye, but representatives of the Chilean and Peruvian governments have agreed to work together to attract declining investment to their copper mining sectors, and also increase their respective production.
