MINING.COM

Copper market expects squeeze, big holding appears

Traders are bracing for a replay of the April squeeze that made copper expensive to obtain quickly, saying major trader Glencore controls almost half the inventories of the commodity held in London Metal Exchange-registered warehouses worldwide.

sharenet | July 2, 2012 | 4:33 pm

Social media derails Lynas Corp’s rare-eaths plans

CEO Nicholas Curtis says he underestimated the power of social media as local residents in Malaysia have used Facebook and Twitter to rally local and foreign opposition to the company's proposed rare-earths plant.

Mineweb | July 2, 2012 | 4:06 pm

Australia’s carbon emission tax kicks in

After years of political wrangling, the Minerals Resource Rent Tax or MRRT takes affect as the country's largest polluters will now pay A$23 for every tonne of greenhouse gas they produce.

Michael Allan McCrae | July 1, 2012 | 4:26 pm

Japan restarts first nuclear reactor since crisis

Ohi nuclear plant’s reactor No. 3 was restarted on Sunday, the first nuclear reactor to power back up after Fukushima nuclear disaster.

Michael Allan McCrae | July 1, 2012 | 10:06 am

Ignore the market jump, a reckoning is coming: Jim Rogers

Jim Rogers poured cold water on Friday's stock rally after European leaders agreed to backstop more debt-stricken banks. The S&P 500 jumped 2.49% on Friday, and spot gold was up $30 to close at $1,599.10/oz.

Michael Allan McCrae | June 30, 2012 | 5:36 pm

Investors stock up on Ivanhoe Mines before IVN disappears from the boards for good

Ivanhoe Mines was up 7.6% in afternoon trade on Friday after the company provided an update on its Oyu Tolgoi project in Mongolia and announced shareholders had approved a name change.

Frik Els | June 29, 2012 | 8:20 pm

Opposition victory in Mongolia vote promises greater share of mining profits for citizens

The opposition Democratic Party declared victory in yesterday’s parliamentary elections over Mongolia’s ruling party in a highly disputed election that focused on how to better share profits from a conflict-ridden mining industry.

Cecilia Jamasmie | June 29, 2012 | 5:05 pm

Nautilus sinks to fresh lows as PNG elections descend into shambles

Nautilus Minerals, locked in a dispute with Papua New Guinea over ownership of the world's first sea-floor mine, dropped 9.7% on Thursday, hurt by news of violence, kidnapping, vote rigging and delays after the first week of general elections in the country.

Frik Els | June 28, 2012 | 8:17 pm

Centerra Gold’s shares tumble as director resigns

Shares of Centerra Gold fell 16% by midday after an announcement that one of its directors had quit.

Cecilia Jamasmie | June 28, 2012 | 2:58 pm

First

Last

Japan launches WTO complaint over S.Korea steel duties

More than 20 Philippine mines pass govt review, 4 fail — official

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

Australia’s Mineral Resources drops out of race for Atlas Iron

Indian regulator approves Nutrien’s sale of stake in SQM to Tianqi

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