MINING.COM

Australia’s $6.5bn Oakajee project backer holds long record of shady businesses

The Oakajee port and rail project has the potential to become one of the major suppliers of Australian iron ore to Asia.

Cecilia Jamasmie | April 22, 2014 | 2:15 pm

Trying to smuggle gold into India, man swallows $23,000 worth in bars

Gold smuggling into India has increased dramatically since the nation hiked its import duty on the yellow metal from 4% to 15% last year.

Cecilia Jamasmie | April 21, 2014 | 7:05 pm

Sliding Chinese currency takes blame for gold price weakness

Some 1,000 tonnes of gold have been used in highly complex and lucrative deals designed to skirt Chinese capital controls. Deals that are now being unwound.

Frik Els | April 18, 2014 | 10:03 pm

We have to talk about Fanya Metal Exchange

The rare earth storm has passed, but a new critical metal conundrum could be ahead for the West.

Frik Els | April 18, 2014 | 7:13 pm

Despite talk, there’s little chance India will ease gold curbs

India's largest gold refiner says freeing up the gold import business is simply not going to happen because of economic realities.

Frik Els | April 17, 2014 | 6:07 pm

China, Japan and ‘mystery local billionaire’ potential developers of Oakajee project

While the WA government is favours Chinese capitals, Australian junior Padbury Mining says it has secured $6.5 billion to take over the project, but refuses to reveal backer's name.

Cecilia Jamasmie | April 17, 2014 | 5:02 pm