MINING.COM

$2200 is a realistic target for gold in 2013: Hug

Kitco's head of precious metals Peter Hug says gold prices are on track to hit the $2200 level next year.

Marc Howe | October 3, 2012 | 10:57 pm

Iron ore: Who let the bears out?

It's worth remembering that the price of 62% iron ore never strayed from $10 – 14 a tonne for more than 20 years.

Frik Els | October 3, 2012 | 7:49 pm

Protest against Centerra Gold in Kyrgyzstan turns violent

Demonstrators clashed with police and tried breaking into a building housing the parliament and government offices in Kyrgyzstan's capital Wednesday, as they demanded the nationalization of the Kumtor gold mine, owned by Canadian Centerra Gold (TSX:CG).

Cecilia Jamasmie | October 3, 2012 | 6:12 pm

South Africa’s wildcat strikes reach Harmony Gold

South Africa's third-largest gold producer after AngloGold and Gold Fields Ltd., Harmony Gold Ltd. (JSE:HAR), said Wednesday that workers at its Kusasalethu mine embarked on a strike.

Cecilia Jamasmie | October 3, 2012 | 5:44 pm

Rio Tinto to survive the slowdown by making hay

While some miners have ventured in the coffee growing business, others such as mining giant Rio Tinto (LON:RIO) are getting ready to start producing hay.

Cecilia Jamasmie | October 3, 2012 | 4:46 pm

Australia slashes interest rate as mining woes feed fears

In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining industry, falling commodity prices and concerns over China.

Cecilia Jamasmie | October 3, 2012 | 3:16 pm

South African strikes spread to iron ore

75,000 miners, or 15% of the sector's workers in South Africa, are now on wildcat strikes.

Frik Els | October 3, 2012 | 2:20 pm

Chile’s deputy mining minister ‘quits’ after lithium fiasco

Chile's deputy mining minister, Pablo Wagner, resigned a day after the government decided to revoke the lithium mining concession awarded to a local company last week, acknowledging problems with the tender process.

Cecilia Jamasmie | October 3, 2012 | 2:17 pm

BHP suing union for $2.5 million

BHP Billiton Mitsubishi Alliance is suing Queensland's most powerful mining union for almost $2.5 million to counteract the unlawful work stoppages that have affected BHP’s subsidiary in the last few years.

Cecilia Jamasmie | October 3, 2012 | 1:25 pm

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