January 4, 2013

Anglo American sells stake in Brazilian iron ore mine

The global mining giant is selling its 70% stake in the Amapa iron ore operation in Brazil to Zamin Ferrous.

January 4, 2013

Concept of trillion dollar coin gains currency

Legal technicality leaves Treasury with the right to mint platinum currency of any denomination

January 4, 2013

Larson Electronics Releases Four Foot LED Tube That Generates 2750 Lumens

Larson Electronics announced the release of a new four foot LED T-series style bulb that replaces T8 and T12 fluorescent bulbs. The LEDT8-28W-V1 28 watt LED tube bulb delivers 2,750…

January 3, 2013

Rogue trade: Things just got a whole lot worse for Rothschild-Bakrie venture

Embattled Bumi Resources swings into $652 million loss after derivative trade goes wrong.

January 3, 2013

Chile delays copper, gold projects worth $39bn

Nearly 25% of the mining copper and gold projects considered in the total 2012 portfolio for the country were hindered.

January 3, 2013

Eriez opens office in Lima, Peru

Division office will support existing customers in Peru and it will serve as the base for executing a number of exciting new flotation projects that have been recently awarded.

January 3, 2013

India’s Central Bank to curb nation’s climbing gold demand

Gold imports are causing a $64 billion fiscal deficit.

January 3, 2013

India and Brazil to replace China as main drivers of resources demand: report

A second wave of raw materials demand from India and Brazil will support the global mining industry says global accountancy firm KPMG

January 3, 2013

Nebraska up in arms about TransCanada’s Keystone XL

While the cross-border outcome for TransCanada’s Keystone XL pipeline is still up in the air, U.S. opposition to the southern section currently under construction in Texas and Oklahoma is escalating.

January 3, 2013

Gold will fly in 2013 as China moves to back the yuan with precious metal: Leeb

"When gold starts underlying their currency, it’s game over. The Chinese have won"