October 15, 2013

Chinese Slurry Pump Technology Strikes Gold in Outperforming Foreign Counterparts

They have now replaced imported pumps used in the mining industries.

October 15, 2013

Gold recovers from early morning fall

No US government deal boosts gold from three-month low.

October 15, 2013

Coal to overtake oil as main source of energy by 2020

The two main coal consumers, China and India, are turning back to it because it is cheaper and more reliable than oil or renewable energy sources.

October 15, 2013

Rio Tinto restarts negotiations with Mongolia over Oyu Tolgoi

Rio Tinto has tried to get approval from Mongolia for its financing proposal since last winter, but the government has not yet offered a direct reply.

October 15, 2013

PANalytical to launch Epsilon 1 EDXRF for analysis in mining at FEM 2013

The new Epsilon 1 offers pre-calibrated benchtop XRF for a range of mining material applications, including rocks, soils and a wide range of ore types, required for exploration, mine resource…

October 15, 2013

Gold miners not over the hump yet—report

Whether there is more pain in store for the main gold players will be known next week, when third-quarter results start rolling out.

October 15, 2013

Russia launches probe of Uralkali CEO, demands extradition

It is not clear whether Moscow does intend to press charges against Baumgertner, or whether it is a means to get him back to Russia, say analysts.

October 15, 2013

Russia begins sale of $8.7 billion state-owned diamond miner

Sale's final price to be announced on Oct. 28.

October 15, 2013

Friedland wants South Africa to be the ‘Silicon Valley’ for platinum

In other words, he hopes to create a “Platinum Valley.”

October 14, 2013

Prices and protests: gold miners’ war on two fronts

Gold has dropped over $500/oz and protest movements against gold miners around the world, with the help of social media, have become more prominent.