November 7, 2012

Obama election win boosts bullion prices and gold-related shares

Gold prices and gold-related shares have witnessed impressive gains following President Barack Obama's second-term election win.

November 7, 2012

China’s overseas mining and metals M&A’s surge in value, momentum set to persist through next year

The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.

November 6, 2012

Molycorp sues contractor for over $45 million

Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over…

November 6, 2012

WTO to decide on China-EU solar power dispute

The ongoing battle over renewable energy between China and the European Union got a lot worse Monday, after Beijing filed a complaint to the World Trade Organization charging the EU…

November 6, 2012

Chinese jewelers spread inland spurred by spike in consumer demand for gold

China's jewelry stores are expanding into smaller inland cities as demand for gold rises amongst the country's increasingly affluent consumer base.

November 5, 2012

B.C. unions go to court over Chinese miners

Two major unions of the Canadian province of British Columbia have applied to have the Federal Court overturn a decision to allow about 200 foreign workers work at HD Mining…

November 5, 2012

Rio Tinto to Oyu Tolgoi mine: Let there be light

After months of difficulties, Rio Tinto’s (LON:RIO) flagship Mongolian copper-gold mine, Oyu Tolgoi, will start producing early next year as the giant miner has finally solved the issue of power…

November 5, 2012

China transforming into gold bullion superpower on the sly

As rumors fly that leading Western economies have exhausted their gold hoards, China has become the world's biggest gold producer while also discretely accumulating bullion reserves.

November 4, 2012

Physicist claims China’s mysterious desert grids most likely mining related

An immense chessboard-like grid which mysteriously appeared in the deserts of China's Xinjiang province several years ago could be the result of exploratory surveys for nickel.

November 3, 2012

China’s state-owned energy giants covet Canadian potash

Government documents reveal that two of China's biggest state-owned energy corporations have approached a Canadian federal minister to express their interest in acquiring stakes in the country's potash and fertilizer…