MINING.COM

Intrepid Mining plunges 55% on shadowy Indonesian ouster

Australia's Intrepid Mining (ASX:IAU) has seen its share price plunge after being summarily booted from a key copper project in Indonesia by powerful local business interests.

Marc Howe | July 24, 2012 | 12:08 am

Pebble mine: ‘If God were testing us, he couldn’t have found a more challenging place’

Arguably the richest prize in mining, the Pebble project pits a watershed where up to 40 million salmon spawn each year against copper and gold reserves worth as much as $500 billion according to a new documentary.

Frik Els | July 23, 2012 | 11:32 pm

Detour Gold announces connection of the 230 kV transmission line and 75% construction completion at Detour Lake

The Ontario project remains on budget and on schedule for gold production to start in the first quarter of 2013.

Marketwire - Mining and Metals | July 23, 2012 | 8:05 pm

CNOOC-Nexen: China’s swoop shows sweet timing as Canadian crude discount halves

Despite a steep drop in the price of crude on Monday with US benchmark West Texas Intermediate down almost 4% in afternoon trade at $88.55, the price oil sands producers receive has improved dramatically since the start of July.

Frik Els | July 23, 2012 | 7:50 pm

Dynasty Metals’ processing plant robbed at gunpoint

A group of armed robbers gained access to the site and escaped with dore bars worth over $2 million.

Joshua Zapf | July 23, 2012 | 7:00 pm

Investors dig 16% hole in African Barrick after Tanzania costs jump 43%

The Tanzanian-focused miner blamed the cost of generating its own electricity – which it has to do "more and more" – for the increase in costs.

Frik Els | July 23, 2012 | 5:24 pm

Gold prices on hold as the US dollar strengthens

Our acquisition programme has been on hold for some time now as gold and silver prices consolidated and the mining sector failed to sparkle. Gold has temporarily been sidelined by the pantomime that is European politics.

Bob Kirtley - Gold-Prices.biz | July 23, 2012 | 5:08 pm

Chinese investors fleeced of billions by gold futures ring

A gold-futures trading ring in China's central province of Henan has fleeced more than 5,000 investors of over RMB380 billion ($58.62).

Marc Howe | July 23, 2012 | 3:20 pm

2012 International MINExpo

So big that it only happens once every four years – The MINExpo is back at the Las Vegas Convention Center and MINING.com will be there.

Joshua Zapf | July 23, 2012 | 2:57 pm

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