May 11, 2012

Gold falls to four-month lows

Gold prices hit a four-month low today as worries over Europe's financial health, particularly Greece and Spain, and massive trading losses for JPMorgan hurt stock markets and the euro, prompting…

May 11, 2012

The mining industry’s future belongs to robots

Automated operations are winning over today’s mining industry. Whether it is autonomous trucks, tele operated drills and blasts or automated logistics applications, mines are increasingly introducing these kinds of equipment…

May 11, 2012

Vale’s $4 billion Apolo iron ore project in Brazil jeopardized

Mining giant Vale (NYSE:VALE) is having second thoughts about going ahead with its $4 billion Apolo iron ore project in southeast Brazil, which may be affected by the federal government's…

May 11, 2012

The gold in mining: Canada’s B.C. sector thriving, thanks in large part to China

The head office is just one among 800-odd mining companies clustered in downtown Vancouver. But even in a group so large it serves as the backbone of the city’s business…

May 11, 2012

Uranium prices to hit rock bottom this year

With the price of uranium down about 25% from levels reached before the Japanese earthquake and nuclear disaster in Japan last year, the least the industry wanted to hear was…

May 11, 2012

South African government granted right to appeal in Sishen mineral rights case

A South African court on Friday granted the Department of Mineral Resources and Imperial Crown Trading (ICT) permission to appeal in a complex case for limited rights at Sishen, one…

May 11, 2012

Vale invokes force majeure at nickel project

Vale, the world's second-biggest nickel producer, said on Thursday it would suspend sales and purchase agreements at its Goro project on the French Pacific island of New Caledonia after an…

May 11, 2012

Will a Euro breakup boost gold and silver prices?

Greek politicians are struggling to form a new government. Concerns are increasing that Greece will drop the euro.

May 11, 2012

20-billion-tonne iron ore mine in Bolivia in jeopardy

Malaysian News Agency Bernama.com reports that a huge iron ore mine in Bolivia may be doomed as a result of conflicts between the proponent and the Bolivian government.

May 10, 2012

Increased foreign expansion exposes Canadian mining companies to risk

The current economic climate has created an ideal setting for the growth of Canadian mining companies. And for many, there may be no better way to embrace this opportunity than…