Copper prices hit 6-year low, blame China

Randgold Resources led gold miners on the markets, gaining 9.16% to $88.90 a share on the NASDAQ, after announcing a political settlement in Mali.

The DRC gold miner is now down more than 25% from a high of $5.68 hit seven weeks ago.

B2Gold Corp. (TSX:BTO) announced today that it paid Can$20 million to Radius Gold for  Trebol and El Pavon Properties in Nicaragua.

The Vancouver-based miner gave up another 3% on Monday, bringing its losses over the past trading week to 15% as worries about grades and costs at Oyu Tolgoi – one of the richest copper and gold mines in the world – continue to mount.

TSX-listed Emed Mining hopes to re-open the Rio Tinto copper mines in southern Spain after an almost 30-year hiatus.

It was only a week ago we felt the gold stocks had a great chance of putting in a bottom. Monday supported our thesis but after Tuesday’s action and Bernanke’s jawboning it was apparent that the gold shares were in for a very difficult period.

Mining investment in Chile, the world's largest copper producer, would reach US$ 100 billion between 2012 and 2020, the National Mining Society (Sonami) said on Monday.

White Tiger Gold swung into a loss in 2011 mainly due to what the company termed "administrative costs" in relation to the merger with Century Mining. In the process management's remuneration jumped to $3.9 million from $422,000 the year before. Investors shrugged and sent White Tiger Gold jumping 10.2% on Monday.

Two or three days longer than anticipated could take rescuers to get to the nine Peruvian miners trapped 200 metres below ground since last Thursday, told reporters Oscar Valdes, cabinet chief to Peru's President Ollanta Humala.