The counter is up 25% since July 25 when news first emerged that Indonesia has "requested" 51% of Grasberg, the world's largest gold and number three copper mine.
AngloAmerican (LSE:AAL) plans to implement reductions in coking coal over the next several months with further industry-wide cuts still expected.
A senior manager from China's largest listed steel maker has said the government's stimulus package will do little to revive Australia's beleaguered iron ore sector.
For the second quarter, the Company is reporting a net loss of $322,889 compared to a net loss of $21,386 in the prior year's quarter.
While coal and iron ore are struggling, major mining suppliers like Caterpillar (NYSE:CAT), Komatsu (KMTUY:PK) and Liebherr were bullish enough to splash […]
This year's work programs focused on the Omineca copper-gold project in central British Columbia, Sabin copper-gold project in Ontario, and the Glenmorangie gold project in southeast Yukon.
Brazilian billionaire Eike Batista, number one on MINING.com's list of the world's wealthiest miners, is about to get even richer as the tycoon is in talks to sell a 49% stake in his gold mining company, AUX, to Qatar Holding, the investment arm of that country's sovereign wealth fund.
Chalice Gold Mines Limited (ASX: CHN/TSX: CXN) is pleased to advise that its Board proposes to seek shareholder approval under section 256B and 256C of the Corporations Act (2001) for an equal capital reduction and return of up to $25 million (10 cents cash per share) to those persons or entities that are shareholders as at the appropriate record date.
China and Venezuela have signed an agreement to jointly develop Las Cristinas gold mine, one of the world’s largest deposits of the shiny yellow metal, located near a town bearing the name of the mythical golden city of El Dorado.
McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) announced that El Gallo Phase I in Sinaloa State, Mexico has achieved its first gold production.