MINING.COM

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

CBC Ottawa | April 17, 2012 | 7:36 pm

Mongolian government tells SouthGobi Resources to stop mining

Three weeks after SouthGobi Resources' $925 million deal with Chalco, the Government of Mongolia told SouthGobi that it had to suspend exploration and mining activity on certain licenses.

Michael Allan McCrae | April 17, 2012 | 6:12 pm

Pele Mountain waves gold goodbye to focus on rare earths and uranium

Canadian rare earth explorer Pele Mountain Resources Inc. (TSX-V:GEM)(OTCQX:GOLDF) announced today that it has entered into a binding agreement to sell its Highland Gold projects to a wholly owned subsidiary of Prodigy Gold Inc. (TSX-V:PDG) for US$1.8 million.

Cecilia Jamasmie | April 17, 2012 | 4:35 pm

U.S. Defense Department undervaluing importance of rare earths for national security: report

The U.S. Defense Department needs to realize the dangerous consequences a potential lack of domestic rare earths may have on the U.S. weapon industry, suggests a latest study by the Congress released last week.

Cecilia Jamasmie | April 16, 2012 | 4:10 pm

The meek shall inherit the earth, but not its mineral rights: Meet mining’s 40 richest billionaires

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

Frik Els | April 16, 2012 | 12:01 am

400,000 tonnes dead weight – Vale’s massive ore carriers suffer new setback

Two of Vale's massive Valemax carriers were in Subic Bay, Philippines for just under a month transferring cargo to smaller ships to carry iron ore onto China, because the 400,000 tonne vessels may not dock at Chinese ports.

Frik Els | April 15, 2012 | 7:20 pm

Coal takes a beating after China’s GDP numbers disappoint

China, the world's biggest consumer of coal, said that the gross domestic product came in at 8.1% in the first quarter, the lowest figure in three years.

Michael Allan McCrae | April 13, 2012 | 8:11 pm

Chinese steel company to pump $194 million into Alderon’s Kami iron ore project

Alderon Iron Ore Corp saw a 2% bump in its stock price Friday on news that the Canadian iron ore junior has inked a CAD$194 agreement with China's largest steel producer.

Andrew Topf | April 13, 2012 | 7:16 pm

China soft landing likely, says World Bank

The Chinese economy is likely to land softly, rather than with a jolt, with growth forecast at 8.2% this year and 8.6% in 2013, according to The World Bank.

Andrew Topf | April 12, 2012 | 7:37 pm

First

Last

China’s Zhaojin Mining eyes doubling of gold output via overseas M&A

China passes law allowing regions to set resource taxes

Commodities ensnared again as US-China trade war escalates

Gold price surges to new 6-year high

China eases restrictions on gold imports

Create FREE account or log in

to receive MINING.COM digests