Jim Rogers sees "overdue correction" hitting gold as unleveraged money buys at 3-month lows, but Japanese pension funds reportedly moving into the yellow metal Wednesday , 19 Dec 2012
The ruling political party has rejected calls to nationalise the country's mines but supports a windfall "resource rent" tax on mining firms. Wednesday , 19 Dec 2012
An executive with the Chinese company says an announcement on its talks over buying a stake in African Barrick Gold will be made in the near future. Wednesday , 19 Dec 2012
Railway operator Fenoco has been told to stop running its trains at night through populated areas in the northern Cesar province so residents' sleep is not disturbed. Wednesday , 19 Dec 2012
The country?s mines minister says more than 75% of mining permits granted before 2011 are currently inactive and should be cancelled. Wednesday , 19 Dec 2012
The company plans to use the proceeds of the deal to fund the construction of its massive Cobre Panama copper project in Central America. Tuesday , 18 Dec 2012
The fall was caused by lower prices and slowing demand from major copper consumers like China, says Gonzalo Fernandez, an analyst with Grupo Santander. Tuesday , 18 Dec 2012
Gold dips back below $1700 with investors "wary of thin markets", signs of progress on Fiscal Cliff Tuesday , 18 Dec 2012
Gold breached $1700 overnight before settling back just below this level ahead of U.S. opening, but fundamentals - particularly with solid Asian demand - remain positive. Tuesday , 18 Dec 2012
Anglo Pacific has signed a royalty financing agreement with Hummingbird to pay the explorer $15 million in exchange for a 2% return royalty on any gold ore produced from the latter's Dugbe project in Liberia. Tuesday , 18 Dec 2012
The iron ore miner will expand existing rail and port infrastructure instead at its Tonkolili mine and says it will save it about $1 billion by not building a new rail and port. Tuesday , 18 Dec 2012
China used to be the world's largest exporter of coke, but its exports have almost dried up since 2008, when Beijing raised the export duty from 25% in a bid to reduce pollution. Tuesday , 18 Dec 2012
Polymetal has acquired a 24.99% stake in the Svetlobor platinum project from a Cypriot firm Ubergot Investments, controlled by Russian individuals. Tuesday , 18 Dec 2012
The miner has cut its forecast from its mine in Sierra Leone yet again and is in advanced talks to secure the financing it needs to fund its working capital requirements. Tuesday , 18 Dec 2012
Spot iron ore prices stretched gains into a tenth straight session on Monday as recent strong economic data from China improved the demand outlook for the material. Tuesday , 18 Dec 2012
Saudi Arabian Mining Co, which has an aluminium JV with Alcoa, raised $2.4 billion through an Islamic loan facility to help fund its future projects. Monday , 17 Dec 2012
The revenue tax earned the government 10 billion francs this year, according to a budget document handed to reporters at the National Assembly on Dec. 14. Monday , 17 Dec 2012
The country?s deputy finance minister says government will ?listen to all sides? before implementing any new mining taxes if the ruling ANC adopts them as its policy.
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Source: http://www.mineweb.com/mineweb/content/en//mineweb-fast-news?oid=167620&sn=Detail
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