New record gold price highs by end of year expected - Blanchard

Tuesday , 01 Jul 2008
Investors are shifting out of equities and into tangible assets to protect wealth as equities markets continue to decline.

Kensington tailings permit decision could set legal precedent for U.S. hardrock mining

Monday , 30 Jun 2008
The U.S. Supreme Court announcement to grant the State of Alaska and Coeur Alaska’s petitions for a writ of certiorari to review the reversal of the Kensington gold project permit is almost like winning a judicial lottery.

Citigroup says long-term gold price could double or even triple

Monday , 30 Jun 2008
Citigroup suggests that inflation and the fabrication outlook favor gold.

As URI bows out of Rio Algom deal, hopes for conventional uranium milling in NM district fade

Friday , 27 Jun 2008
The timing is bad for URI to buy the Rio Algom mine and milling complex as investor interest and financing for uranium projects has faded after uranium market began to free fall in February.

Indian iron ore/steel giant Jindal snaps up Mongolian uranium JV

Thursday , 26 Jun 2008
For reasons yet to be publicly disclosed, India’s Jindal Steel & Power is interested in Mongolian uranium properties.

Emergency House Resolution bans uranium mining, exploration near Grand Canyon

Thursday , 26 Jun 2008
Evoking a seldom-used legislative power, House Natural Resources Committee Democrats Wednesday adopted an emergency resolution ordering the Executive Branch to ban new uranium mining and exploration near the Grand Canyon National Park.

BMO forecasts gold, precious metals in general to move higher this year

Wednesday , 25 Jun 2008
BMO Capital Markets Bart Melek suggests that rising food and energy inflation and the equity market are “adding luster for gold.”

U.S. Supreme refuses to hear W.R. Grace asbestos-related criminal charges appeal

Tuesday , 24 Jun 2008
W.R. Grace has lost its appeal to the Supreme Court of criminal charges stemming from asbestos contamination from 1963 to 1990 at its former Libby, Montana mine.

Mining explosive prices detonate

Sunday , 22 Jun 2008
Soaring natural gas prices and premiums being paid for agricultural-grade ammonium nitrate are hitting explosive prices for a mining industry already beleagured by cost increases.

Sulphur, potash prices soar last month as base and precious metals decline

Friday , 20 Jun 2008
Scotiabank economist Patricia Mohr says copper prices “remain resilient and are very lucrative for miners” as the bank’s commodity index sets fifth new record in as many months.

The 'age of infrastructure' will gobble up physical commodities for years

Thursday , 19 Jun 2008
A massive infrastructure build-out to support future growth of emerging markets, combined with a focus on infrastructure repair and replacement in G-7 nations, portends tremendous benefits to global mining.

Eldorado Gold, Frontier Pacific finally concur on friendly takeover agreement

Thursday , 19 Jun 2008
What a difference a day can make in a bidding war as Eldorado Gold and Frontier Pacific Mining transformed from adversaries in a hostile bidding war on Tuesday into a friendly takeover by Wednesday,

Miners sing China's praises in willingness and diligence to accommodate foreign investment

Wednesday , 18 Jun 2008
Despite the media bashing, mining and exploration companies say they consider China a terrific place in which to do business.

Nationalistic saber rattling hurts junior miners/explorers

Wednesday , 18 Jun 2008
Too many junior company projects being marketed to investors are recycled projects with cash-flow margins failing to improve despite the increase in commodities prices.

MINER Act improves safety, but won’t prevent Crandall Canyon-type disasters

Tuesday , 17 Jun 2008
In the past 18 months, the federal MINER Act in the U.S. has speeded up MSHA rule-making, increased the number of mine inspections, and generated emergency response plans in all underground U.S. coal mines.

With volatile commodity prices, diversified miners fare better than gold miners

Tuesday , 17 Jun 2008
A PwC report says 2007 saw reduced margins by the Top 40 mining companies, but these margins remain at high levels, but costs increased faster than revenues.

Coal mine expansions in U.S. can't match global shortfall

Tuesday , 17 Jun 2008
Despite big price increases for exported coal, U.S. miners are unwilling to expand to meet global demand.

Canadian Ministries still ultimate authority in mine environmental assessments

Tuesday , 17 Jun 2008
MiningWatch’s efforts to force Imperial Metals Red Chris copper-gold project to undergo comprehensive environmental assessment, along with an extensive public participation project, were rejected by the Federal Court of Appeals.

Judgment in Asarco multi-billion-dollar Grupo Mexico lawsuit could take months

Monday , 16 Jun 2008
A high stakes multi-billion trial has ended in a Brownsville, Texas, federal court as Asarco sued Grupo Mexico for allegedly looting the U.S. copper miner of more than $11 billion in assets, forcing it into bankruptcy.

Alaska Supreme Court will hear remaining anti-Pebble ballot measure today

Monday , 16 Jun 2008
Oral arguments are scheduled today on the second of two ballot initiatives aimed at stopping the massive Pebble copper-gold mine.

Proposed $4 billion scheme to pay claims against US copper miner Asarco

Friday , 13 Jun 2008
Mexican mining giant Grupo Mexico is to put forward a $4 billion scheme to pay off claims against US mining subsidiary Asarco.

Macquarie remains bullish, but selective on gold sector stocks

Friday , 13 Jun 2008
Despite record high gold prices that hit $1,033/oz in the first quarter, Macquarie Research Equities found gold mining sector production was marred by ongoing cost pressures.

Senate bill to increase CFTC authority and regulation on commodities trading

Friday , 13 Jun 2008
Democratic Senate Leaders introduced a bill Thursday aimed at strengthening U.S. commodities trading regulation and enforcement.

Potash to extend bull market

Thursday , 12 Jun 2008
Takeaway points from RBC Capital Markets Global Mining and Materials Conference, on one of the worlds hottest performing equity sub-sectors.

Copper miner Antofagasta reckons complex world economic pressures major challenge to mining sector profits

Thursday , 12 Jun 2008
UK-based Antofagasta looks to future profitable growth in its Esperanza copper and gold project in Chile and the Reko Diq copper and gold joint venture in Pakistan.