MINING.COM

Toyota tries on the mining helmet: buys lithium deposit in Argentina

Toyota, one of the leading automakers in the world, bought this week a 25% stake in Salar de Olaroz lithium and potassium project in Argentina to ensure supply for it growing electric cars division.

Cecilia Jamasmie | September 29, 2012 | 2:30 pm

Harmony says Wafi-Golpu could support $9.8 billion mine

Harmony Gold says the Wafi-Golpu deposit in PNG could support a $9.8 billion mine with peak annual production of 560,000 gold ounces and 335,000 tonnes of copper.

Frik Els | September 28, 2012 | 8:54 pm

Grasberg ethics slap, royalty hike, state control tussle can’t stop Freeport’s upward march

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.

Frik Els | September 28, 2012 | 7:22 pm

Rio Tinto-OMC $2 billion join venture to be shelved

A 17-year-old agreement to develop about $2 billion worth in iron ore deposits between, mining giant Rio Tinto and state-own Odisha Mining Corporation , is about to be nothing but history.

Cecilia Jamasmie | September 28, 2012 | 5:53 pm

India initiates 4 of 19 new nuclear projects

State-run Nuclear Power Corp. of India Ltd. plans to raise almost $4 billion to set them up.

Cecilia Jamasmie | September 28, 2012 | 2:09 pm

$15,000 an ounce for gold would not be absurd: Eveillard

Storied investment guru Jean-Marie Eveillard says frenzied money printing by central banks and Neo-Keynesian stimulus programs adopted by governments around the world could jointly push the price of gold to $15,000.

Marc Howe | September 27, 2012 | 11:59 pm

Report: North Korea secretly selling citizens’ gold to pay for missiles, birthday bash

Kim Jong-un and co has sold some two tonnes of the precious metal to China.

Frik Els | September 27, 2012 | 7:39 pm

Philex Mining could face more penalties, but refuses to pay

Philippines-based Philex Mining Corp. (PX:PM), the country's biggest miner, may have to pay fines for violations of the Clean Water Act and the company’s own Environmental Compliance Certificate (ECC), the Mines and Geosciences Bureau (MGB) said Thursday.

Cecilia Jamasmie | September 27, 2012 | 5:39 pm

Anglo Asian pre-tax profits hurt by harsh weather

Gold, copper and silver producer Anglo Asian Mining posted Thursday pre-tax profits of $10.5 million for the six months to the end of June - down from $14.2 million a year ago.

Cecilia Jamasmie | September 27, 2012 | 2:02 pm

First

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Hedge funds turned record short on metals just before the rout

Asia gold buyers snap up bargains as price dive revives demand

JX Nippon Mining, Mitsui dodge strike at Chile’s Caserones mine

Kaz Minerals surprises market with dividend, Russian copper project buy

Japan utilities, Glencore set annual coal contract at $110/T

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