Rio wins ruling, Ivanhoe stock falls
While being on the hook for half of a US$6-billion mine construction is hardly small potatoes, it’s a bargain compared to shouldering the burden alone.
Asia
Intrepid Mines keeps expanding Tumpangpitu
For the third time in a little over a year, Australia-based Intrepid Mines (IAU-T, IAU-A) has added hundreds of millions of inferred tonnes at the Tujuh Bukit gold-copper project in Indonesia.
Afghanistan’s push to develop its mineral resources
As Western powers prepare to fully withdraw their troops from Afghanistan by the end of 2014, Afghanistan’s Minister of Mines, His Excellency Wahidullah Shahrani, is preparing for a very different kind of deployment.
Rio wins filing, Ivanhoe stock falls
While being on the hook for half of a roughly US$6 billion mine construction is hardly small potatoes it is a bargain compared to shouldering the entire cost load alone.
Prophecy advances its Chandgana power plant
Prophecy Coal (PCY-T, PCY-V) could start building its 600-megawatt (MW) Chandgana power plant in Mongolia by early 2013, positioning itself for a 2016 start.
Gold mostly to blame for India’s current account deficit
A massive appetite for gold across India is causing the country’s current account deficit to widen as most of the South Asian nation’s gold demand is met through imports, a new study by Macquaire Economics Research says.
China comes calling on Jaguar
Investors arguing that gold mining stocks are sitting at historically low valuations were given a serious boost to their case, in the form of the sector’s latest takeover offer.
Mining lease rejected for Reko Diq
London-based Antofagasta (ANTO-L, ANFGY-O) has confirmed that the government of Pakistan’s Balochistan province has rejected a mining lease application for the massive Reko Diq copper-gold project submitted by a subsidiary of its joint-venture…
NMC doubles resource at moly mine
South Korea-focused NMC Resource (NRC-V) has substantially increased contained resources at its high-grade Moland molybdenum mine.
Centerra flaunts a strong quarter
Centerra Gold (CG-T) posted solid third-quarter results, with profits soaring nearly 400%.
NMC doubles resource at moly mine
Vancouver – South Korea-focused NMC Resource (NRC-V) has substantially increased contained resources at its high-grade Moland molybdenum mine.
Will Japan’s disasters derail the diamond recovery?
As the human toll of Japan’s devastating triple disaster becomes clearer, the world is beginning to take stock of the potential economic impacts of the March earthquake, tsunami and nuclear…