MINING.COM

Myanmar: what investors need to know

American based sanctions removed, over $2 billion invested and host to the South Asian Games.

MINING.com Editor | June 14, 2012 | 7:22 pm

Scathing report calls India’s 2,600 mines ‘out of control’

Illegality in the mining sector has deprived state governments of badly needed revenues, threatened the industry with costly and unpredictable shutdowns, and generated political chaos that helped bring down two state governments in 2011 and 2012.

Frik Els | June 14, 2012 | 6:11 pm

Frenzy for Aldridge Minerals after resource update

Stock is up 28% after reporting an indicated resource of 2.6 million gold equivalent ounces at 3.05 g/t and a tripling of the inferred resource.

Joshua Zapf | June 13, 2012 | 7:50 pm

Why Indians end up buying gold

India should be doing better, according to Raghuram Rajan, a professor of finance at the University of Chicago, but bad government policy keeps stepping on the country's growth and sends its citizens back to gold.

Michael Allan McCrae | June 12, 2012 | 8:42 pm

From mine to finished magnets: Molycorp closes US$1.3 billion acquisition of Neo Materials

US-based rare earth miners, Molycorp (NYSE:MCP), gets a foothold in Asia after completing its US$1.3 billion acquisition of Canadian-based Neo Material Technologies Inc. (TSX:NEM).

Michael Allan McCrae | June 12, 2012 | 5:30 am

WCB watches stock soar

WCB’s stock jumped 42.86% price after gaining access to a "world class" gold and silver mining area.

Joshua Zapf | June 11, 2012 | 8:51 pm

Black hole: US coal stocks now down over 60% in 2012 as thermal price hits 2-year low

Coal executives believe that as much as 10% of the production serving the seaborne market could be losing money at current prices.

Frik Els | June 11, 2012 | 6:38 pm

Singapore state fund builds up stake in Ivanhoe, does nothing for share price

Singapore's sovereign wealth fund Temasek Holdings has taken up a 5.5% stake in Canada's Ivanhoe Mines valued at roughly $420 million ahead of a $1.8 billion rights offer at the miner. Early Monday Ivanhoe, already down 43% this year shed another 3.8% in value.

Frik Els | June 11, 2012 | 2:33 pm

Churchill Mining’s US$2 billion lawsuit against Indonesia gets lift from NY Times

British coal miner, Churchill Mining (LON:CHL), and its case against the Indonesia government got a leg up when its two-year legal battle was profiled in the New York Times.

Michael Allan McCrae | June 9, 2012 | 8:00 pm

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Last

China’s CITIC grabs stake in Ivanhoe Mines for $560 million

Asia Gold-Demand quiet amid small price moves, India discounts widen

Northvolt begins building Europe’s largest lithium-ion battery plant

Scotiabank to scrap half its metals business- sources

Rio Tinto signs JV exploration deal with China’s Minmetals

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