Congo gives up plans to change mining code

An analysis of precious metals and commodities funds indicates that silver could well be the new gold for investors seeking to hedge against inflation.

The lagging productivity of the Australian coal industry could render as much as a third of the sector's output unprofitable.

Scientists have generated pressure levels one and half times greater than those found at the Earth's inner core using a specialized new double-diamond anvil.

Australian Resources Minister Martin Ferguson says the onset of an era of low commodities prices does not spell the end of the country's China-backed mining boom.

Alberta's oil sands will positively affect all Canadian provinces and will lead to billions of dollars of jobs and investment across the country, says a Conference Board of Canada report released Wednesday.

AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.

With softening iron ore and coal prices in Australia, miners are focussing more on making existing mines more productive rather than breaking ground on greenfield operations, told MINING.com Geoff Knox who is Chief Executive Officer for GE Mining and GE Transportation in Australia.

Natural gas titan Encana Corporation (TSX: ECA) (NYSE: ECA) posted Wednesday a $1.24-billion net loss in its third quarter, driven mainly by lower natural gas prices over the past year, but it said it was still on track to meet its financial guidance for the full year.

It will supply and install the Electrical and Instrumentation package at Rio Tinto’s Cape Lambert Port Expansion.