MINING.COM

Xstrata to pay $342 million to execs after Glencore merger triggers ‘red-top alert’

The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.

Cecilia Jamasmie | June 21, 2012 | 12:24 am

China takes up India’s gold buying slack

A strong yuan and few other investment opportunities are prompting record gold buying in China just as India's appetite wanes due to a weakening currency.

Frik Els | June 20, 2012 | 5:49 pm

Uranium market to pick up as reactors come back

Australia-based Foster Stockbroking said Tuesday that an industry-wide restart would boost global uranium demand by 30 million pounds a year which could act as a catalyst to flagging uranium prices.

Cecilia Jamasmie | June 19, 2012 | 2:43 pm

L&L Energy buys majority stake in Chinese coal mine

US-based L&L Energy, Inc. (NASDAQ: LLEN), a company with five-year track record of profitable coal operations in China, announced it has entered into an MOU to acquire the Lashu Mine in HeZhang County, Guizhou Province.

MINING.com Editor | June 18, 2012 | 4:23 pm

End of an epoch as Hong Kong exchange takes over 135-year old LME

The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.

Frik Els | June 15, 2012 | 1:57 pm

Thermal is wrecked: Chinese inventories climb to 2008 financial crisis levels

In China’s Qinhuangdao, the world’s largest coal port by capacity, inventories have exceeded levels last seen in late 2008 during the height of the financial crisis.

Frik Els | June 14, 2012 | 9:20 pm

Coal’s good year and uranium’s worst year

Last year coal was the the only fossil fuel to record above average worldwide growth at 5.4%, while nuclear power consumption was off 4.3%, the largest decline on record, said BP in its look at energy use in 2011.

Michael Allan McCrae | June 13, 2012 | 7:21 pm

Company introduces low cost lab-made diamond identifier

As diamond traders continue to express concerns over undisclosed lab-made diamonds, a Hong Kong firm is offering a low cost way to identify them. Their solution is a $200 laser pen.

IDEX Online | June 13, 2012 | 7:42 am

Spanic and Grexit put copper back on defensive

The Spanish bailout is now being called 'voodoo economics' while EU finance officials are at the point of discussing limiting ATM withdrawals and doing border checks if and when Athens drops the euro.

Frik Els | June 12, 2012 | 1:46 pm

First

Last

Rise of ethical investing, social license the top risks to miners

Lithium at two-year low hobbles US bid to loosen China’s grip on market

US and Canada discuss supply of rare earths as China dominates

Lithium Americas, Ganfeng to build larger-scale mine in Argentina

China now produces 56% of the world’s steel

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