China may be investing billions elsewhere to locate new mineral deposits, but Geologist Noel White believes there are huge discoveries yet to be unearthed within its borders.
Suspected New People’s Army (NPA) rebels operating in northeastern Mindanao have released three personnel of a mining firm abducted from a site in Agusan del Sur. Earlier reports said the NPAs sought P25 million for the release of Christopher Ocite, operations manager of VPO Mining; Gani Altaya, assistant operations manager; and Joel Jayuma, the company’s security chief.
Vancouver-based Eastern Platinum was forced to issue a clarification over contained platinum resources at its South African PGM properties following a review by the British Columbia Securities Commission.
The stars are aligning for gold take up its position of the ultimate storer of wealth, hedge against inflation and all-round best alternative to paper currency. But gold is not reacting the way it used to - instead it is trading back below $1,600 an ounce, down almost $30 on Friday and now showing a loss for 2012.
A Bolivian farmer died on Friday and at least four others were injured when protesters occupied the Malku Khota project, operated by Canadian South American Silver in the Andean highlands.
Locked out workers at a Rio Tinto Alcan plant in Quebec, Canada, voted to end a six-month labour dispute that has dragged on since Dec. 30, said the United Steelworkers union in a press release on Friday.
