MINING.COM

Bottom falls out of jade market

While the jade market in China is a fraction of its overall jewellery trade, the collapse in the value of the stone could indicate tough times for other markets like diamonds and precious metals.

Frik Els | August 13, 2012 | 5:08 pm

China’s main gold miner posts gloomy results

Zijin Mining Group Co, China's largest gold producer by output, said Saturday that its net profits slumped 19.95 percent year-on-year in the first half of 2012 as the world's economic weakness and shrinking demand weighed on global gold prices.

Cecilia Jamasmie | August 12, 2012 | 4:35 pm

Myanmar is open for business and ready for a gold rush

Myanmar —until recently called Burma— is slowly but steadily starting to attract foreign investment, driven mainly by international resource firms eager to tap into the mineral-rich South East Asia's country.

Cecilia Jamasmie | August 11, 2012 | 12:17 pm

Analysts say dump Lynas

Analysts from Foster Stockbroking told investors to purge their shares in rare earths miner Lynas Corporation as there is no end in sight for the ongoing problems that have forced the company to halt operations in Malaysia.

Cecilia Jamasmie | August 10, 2012 | 12:25 pm

Meet China’s new rare earth mega-company

China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner, the new “mega-corporation” will “team up” with rare earth producers in the provinces Shandong, Gansu and Sichuan.

MINING.COM Staff Writer | August 9, 2012 | 7:30 pm

Iron ore slump turns into rout

The latest downturn in the price comes as iron ore stockpiles at Chinese ports climb by more than 420,000 tonnes in a week to almost 100 million tonnes.

Frik Els | August 8, 2012 | 7:39 pm

Rio Tinto banking on China rebound as profits drop 34%

Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.

Cecilia Jamasmie | August 8, 2012 | 5:53 pm

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

Cecilia Jamasmie | August 7, 2012 | 12:52 pm

No project delays and capex freezes here: China’s biggest gold miner is growing at 60%

China's number one gold producer said Monday first-half revenues surged 61.4% to $7.8 billion compared to 2011 and should exceed $15.5 billion for the full year.

Frik Els | August 6, 2012 | 6:06 pm

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China Minmetals ends pursuit of Yunnan Tin

Australia suffers worst of China’s coal curbs after earlier boom

Vale to sell 25% stake in China’s Henan Longyu for $152m

Asian countries face policy uncertainty, resource nationalism – report

Dalian iron ore futures edge down in thin holiday trade

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