The Dutch do what the Germans couldn’t: Get their gold back

CAW Members at Caterpillar in London have voted 97.8 per cent in favour of a strike, if necessary, at a meeting held this morning. Approximately 90 per cent of members participated in the vote.

The Bucko Lake Mine in Manitoba is scaling back operations due to a fall in nickel prices.

While the world economy continues to struggle, famed commodity investor Jim Rogers believes the only place to be is in agriculture, and he also expects gold will have a major correction.

Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner that was accused this year of accounting and production fraud in anonymous letters to authorities, has retained independent consultants to confirm resource estimates at four of its properties.

The year of peak construction activity at Oyu Tolgoi mine in the Gobi desert of Mongolia (IM April and May issues this year) is nearing its end, with the project approximately three-quarters complete.

Most commodities, except for the heavyweights gold and oil, are poised for a down year in 2011, the first fall for this sector since the financial crisis hit in 2008.

Australian Laguna Resources (ASX: LRC) has submitted an environmental impact study (EIS) to Chile’s Environment Ministry's evaluation service for its US$300 million Arqueros gold-silver project in the north of the country.

Three Chinese companies are part of consortiums that have bagged Rs 1,800-crore worth of five contracts awarded by state-owned Hindustan Copper to raise its production four-fold to 12 million tonnes over the next five years.