MINING.COM

RMB should become settlement currency of more imported commodities, Deutsche Bank

Ma Jun, chief economist from Deutsche Bank (DB) (China) released a report today, saying that RMB should be come the settlement currency of more imported commodities. The move fo llows the People's Bank of China (PBOC), China's central bank, signing a currency swap agreement with the Reserve Bank of Australia (RBA), t he Australian central bank, on Thursday, the first currency swap agree ment between China and a developed country.

TMC Net | March 23, 2012 | 2:53 pm

5 dead, 17 trapped after coal mine blast

A gas explosion ripped through a coal mine in Northeast China's Liaoning province Thursday, killing at least five people and trapping 17 others, the national work safety watchdog said.

China Economic Net | March 23, 2012 | 12:35 am

Chinese style capitalism leads to capital punishment for 31-year old tycoon

"Wu's death penalty is a setback for the cause of reform in China. Judging from this case, how far are we from the market economy? At least 300 years."

Frik Els | March 23, 2012 | 12:30 am

CREECO and Dumas Sign Strategic Partnership Agreement

Cree Regional Economic Enterprises Company Inc. (“CREECO Inc.”) and Dumas Contracting Ltd. (“Dumas”) announced today that they have formed an alliance by signing a strategic partnership agreement.

MINING.com Editor | March 22, 2012 | 11:10 pm

The PDAC curse

It’s that time of year again. Thirty five thousand people descended on Toronto to take part in the largest mining industry confab in the world.

Eric Coffin of HRA Advisories | March 22, 2012 | 10:23 pm

Mining plans in Ecuador face indigenous backlash

Mediaworks reports hundreds of indigenous people in Ecuador opposed to planned mining projects are marching towards the country's capital of Quito.

Andrew Topf | March 22, 2012 | 5:29 am

The gold sector Is on sale: Michael Fowler

Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon, sees small- and mid-cap junior producers and developers as the "sweet spot" in the gold equities space, and provides a basket of names to consider in each space.

The Gold Report | March 21, 2012 | 10:21 pm

Mexico shaker leaves mines intact

There are few, if any, reports of damage to mines hours after a large earthquake rocked central and southern Mexico on Tuesday.

Andrew Topf | March 21, 2012 | 5:44 am

Oyu Tolgoi named one of ’10 Beautiful Places We Could Destroy With Human Drilling’

The widely read Huffington Post in one of its characteristically breathless pieces on the environment on Tuesday calls out Ivanhoe Mines’ Mongolian project.

Frik Els | March 20, 2012 | 8:34 pm

Gold mining in West Africa promises growth: Mark Lackey

Mark Lackey, chief investment strategist with Pope & Company, sees particular promise among small-cap gold equities in West Africa. Burkina Faso and Mali offer good topography and stable, democratically elected governments with little interest in economic nationalism.

The Gold Report | March 20, 2012 | 7:47 pm