MINING.COM

Grexit and gold: The first 46 hours

A report on how a Greek exit from the Eurozone may play out based on synthesized scenarios from 21 economists, analysts and academics.

Frik Els | May 22, 2012 | 11:00 pm

Olympic Dam Taskforce CEO to doubters: We’re planning 10,000-strong village, already building airstrip for 737s

The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam Taskforce said Tuesday.

Frik Els | May 22, 2012 | 9:03 pm

Patriot Coal is burning down

Trading in the stock was halted in a circuit breaker around lunchtime after falling 57.6% over doubts about its finances and is now worth less than tenth of what it was in July last year.

Frik Els | May 22, 2012 | 7:47 pm

Australians fear Canadian gold company will shut historic mines

Australian Stawell Gold Mines will be closed within two years, despite Canadian company Crocodile Gold spending more than $100 million buying it.

Cecilia Jamasmie | May 22, 2012 | 7:09 pm

Australian Crusader Resources to invest $400 million in Brazil gold mine

Australian company Crusader Resources Ltd. will invest $400 million in a gold mining project located in the Currais Novos region in Brazil’s north-eastern state of Rio Grande do Norte. The project is expected to be one of the biggest gold mines in the country.

Cecilia Jamasmie | May 22, 2012 | 6:41 pm

The right cut: Dreams made of diamonds

The Montreal Gazette interviews Gevorg Mkhitaryan, owner of a small diamond polishing operation, who was part of a group of about 60 Armenian diamond cutters and polishers brought to the Northwest Territories to work in Canada's Yellowknife’s nascent diamond processing industry.

Montreal Gazette | May 22, 2012 | 4:51 pm

Green Technology Solutions opens joint venture talks with Alaskan mining company

Diamond's extensive mining experience of Diamond V Associates, could make the company a strong ally in GTSO's mission to bring new sources of tungsten online.

Business Wire Natural Resources News | May 22, 2012 | 4:38 pm

DiamondCorp agrees on a $33.6 million loan deal with South Africa’s IDC

African DiamondCorp (LON:DCP) said its 74% owned Lace Diamond Mines, the company's primary asset in South Africa, has entered into a loan funding term sheet with the Industrial Development Corporation of South Africa Limited (IDC), the company announced Monday.

Cecilia Jamasmie | May 22, 2012 | 4:21 pm

Xstrata relies on China to lift copper demand

Copper demand in China, the world's main consumer of the red metal, is expected to rebound in the second half of 2012, despite the uncertain outlook for Europe, the head of Xstrata PLC's copper division said.

Cecilia Jamasmie | May 22, 2012 | 2:54 pm

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Responsible environmental management policies across industry critical to sustainable demand for jewellery

S. Africa’s main coal union accepts wage offer, ends strike

Four dead, two injured in a Bosnian coal mine accident

UK local council pensions lose over $1 billion with coal crash

US still holds $54 billion of Germany’s gold

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