Zambian gov’t to increase mines ownership to 35%
Times of Zambia reports that the Zambian government is planning to increase its share of mining firms from 20% to 35% but is not planning a wholesale nationalization.
Times of Zambia reports that the Zambian government is planning to increase its share of mining firms from 20% to 35% but is not planning a wholesale nationalization.
Vietnam's central bank wants to "mobilize" gold from citizens which it says are hoarding 300 – 500 tonnes to free up funds for socio-economic development in the communist country.
GoldMoney Founder and Chairman James Turk knows how to find great deals on gold and silver.
CENTURY IRON MINES CORP. (TSX:FER) ("Century Iron" or the "Company") is pleased to announce new assay results which tested a Direct Shipping Ore ("DSO") target as part of the 2011 fall exploration program at the Sunny Lake Project - Lac Le Fer property (100% owned by Century Iron), located in north-eastern Quebec, near the town of Schefferville, QC.
The non-Chinese rare earth metals sector is not dying, insists Byron King, editor of Outstanding Investments and Energy & Scarcity Investor. However, a rare earth miner's path to success significantly differs from the precious metals game.
Eurasianet reports two new studies say the massive Kumtor gold mine, controlled by Canada's Centerra's and the Kyrgyzs government, as a matter of routine ignores environmental legislation endangering species such as the snow leopard and is damaging Central Asia’s water supply.
Spain's two largest banks, and Santander and BBVA are closing their commodities trading units to focus on core business, a spokesman and a source said, which will lead to about 15 job losses in all.
After a recent mining fataility at Vale's Coleman Mine in Sudbury, the Brazillian miner is temporarily shutting down all eight mines in the region while it assesses safety procedures.
After a tough year in 2011, there is definitely a good selection of underpriced junior resource stocks available for astute investors to focus on before the rest of the herd finally wakes up and smells the gold.
Osisko Mining on Monday said the company's Famatina project in La Rioja, Argentina, remains stalled almost a month after protesters began blockading the site and marched on the governor's office and in the capital Buenos Aires, sending its stock down 3%