Metal Ore Mining

Britain's nuclear strategy threatens destruction of Kalahari

Namibian environmentalists warn expansion of uranium mining could devastate spectacular natural landscape The hidden cost of Britain's new generation of nuclear power could be the destruction of the Kalahari desert in Namibia...

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Blinded by lustre?

On saturday, gold prices hit yet another high. However, you can also invest in gold through Gold ETFs launched by Asset Management Companies such as Benchmark, Kotak , Reliance, Quantum and UTI. One of the biggest advantages of...

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Sri Lanka buying gold `to diversify reserves`!

Sri Lanka`s central bank on Saturday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal.

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Iron ore export up 13% in H1 on China demand

Iron ore exports jumped 13 per cent in the first half of the current financial year due to a sudden spurt in Chinese offtake as steel mills build their inventory. According to date compiled by the Federation of Indian Mineral...

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Pele Mountain Confirms Significant Concentrations of All Rare Earth Oxides at Eco Ridge Mine Project

Pele Mountain Resources Inc. (TSX VENTURE:GEM) ("Pele" or the "Company") today announced the confirmation of significant concentrations of all rare earth oxides ("REO") in each of the 30 drill holes analyzed for REO to-date at...

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Chinese smelter in Africa to double copper production

Counter: Zambia's Chinese-owned Chambishi smelter plans to double its processing capacity for blister copper to 300,000 tons in 2010 due to higher demand from mining firms wanting to use the facility, Yunnan Copper said on...

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Junior gold space a very good place to be - Victor Gonçalves

In this interview with The Gold Report, Equities and Economics Report writer Victor Gonçalves says he's rooting for the juniors at the end of a turbulent year. The Gold Report: Victor, you and many others were expecting a major...

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What is the true value of the United States' gold?

Buried in the Treasury's International Reserve Position report is an intriguing bit of math. The document details the total amount, by weight, of the Treasury's gold reserves, plus a dollar value for said metal. But some fast...

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Malawi: Mine Galvanizes Civil Society

As if they were going to the races, Emma Musako and Monica Mhango showed up in their finest outfits to attend a meeting on the health, social and environmental impacts of uranium mining. They came because they, like the other...

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About a Half Paradigm

There were key developments this week providing added confirmation to my macro thesis. First of all, this morning's dismal payroll data (10.2% unemployment!) - after a year of unprecedented fiscal and monetary stimulus -...

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