MINING.COM

Copper off to the races after Wen comments

Copper saw a strong start to the trading week adding 1.8% following pro-growth comments by the Chinese premier Wen Jiabao over the weekend.

Frik Els | May 21, 2012 | 10:45 pm

Is post-Taylor diamond mining in Sierra Leone clean?

Charles Taylor, was convicted in April of war crimes for arming Sierra Leone's rebels in return for blood diamonds. Taylor is now awaiting sentencing and the BBC tries to find out if mining in the country is now “clean”.

MINING.com Editor | May 21, 2012 | 9:50 pm

As hedge funds reduce bullish bets on bullion to 2008 levels, $1,100 an ounce is called ‘realistic’

“People were beginning to believe that gold can stand up against all crises, but the last six months proved that theory wrong.”

MINING.com Editor | May 21, 2012 | 9:25 pm

Hard coal landing: Australia scraps $9 billion port expansion

The state government has scrapped plans for a $8.8 billion coal terminal expansion project at Queensland's Abbot Point, Australia citing funding issues and environmental regulations, but China's slowing economy probably had more than a little to do with it.

Frik Els | May 21, 2012 | 9:18 pm

Gold rally runs out of steam before $1,600 mark

Traders said support given to Greece to stay in the Eurozone at the weekend's G8 meeting and a stronger dollar hurt the yellow metal.

Frik Els | May 21, 2012 | 9:16 pm

Billionaire battle: Property tycoon says Rinehart is bilking him out of iron royalties

Gina Rinehart, the world of mining's 4th richest person, is meeting a fellow billionaire Stan Perron in the Australian supreme court this week in a fight over – no surprises here – iron ore royalties.

Frik Els | May 21, 2012 | 8:38 pm