Latest news on ‘Metals & Mining’
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Gold closes near all-time high
NEW YORK (CNNMoney.com) – Gold neared its all-time high on Friday amid ongoing concerns about contagion in the euro zone and as stocks slumped.
What prices are doing: Gold for June [...] -
EPA Proposes Competing Approaches To Regulate Coal-Ash Waste
NEW YORK -The U.S. Environmental Protection Agency announced competing proposals to regulate coal-ash waste Tuesday, deciding not to choose a single option amid pressure from industry and environmental groups.
The federal [...] -
Australia mining stocks slide after profit tax
CANBERRA – Australian mining shares tumbled on Monday after the government slapped the industry with a new 40 percent profits tax, prompting global miners to warn that billions of dollars [...]
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Massey Energy Director Defends CEO, Assails Unions
NEW YORK (Reuters) – Massey Energy Co , owner of the West Virginia coal mine where 29 miners were killed three weeks ago, accused unions on Monday of spreading a [...]
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BHP Billiton in U.S. anti-corruption probe
SYDNEY (Reuters) – Global miner BHP Billiton (BHP.AX) (BLT.L) has discovered potential violations of anti-graft laws relating to its exploration activities, in another blow to the mining industry’s tarnished image.
The [...] -
China is studying monopoly of three big iron ore miners
BEIJING (Xinhua News Agency) — The Anti-monopoly Bureau under China’s Ministry of Commerce (MOC) is now studying the world’s top three iron ore miners’ monopoly of the iron ore market, [...]
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Gold Resource Corporation Ships First Concentrates; Updates Aguila Mill Commissioning
DENVER, CO–(eMediaWorld) – Gold Resource Corporation (GRC) (OTCBB: GORO) (FRANKFURT: GIH) is pleased to announce shipment of the first concentrates for sale from its El Aguila Project. The Company’s [...]
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Bribes ‘forced China to overpay for iron ore’
The Australian – CHINA claims its steel sector paid 1 billion yuan ($160.5 million) too much for iron ore last year because of bribery and industrial espionage by the four [...]
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Yamana Gold Bearish Moving Average Crossover Alert (AUY)
(SmarTrend(R) Market Surveillance via COMTEX) – Today, shares of Yamana Gold (NYSE: AUY | Quote | Chart | News | PowerRating) have crossed bearishly below their 10-day moving average of [...]
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Four Rio employees plead guilty on China bribes
SHANGHAI (Reuters) – Four Rio Tinto executives on trial in China, including Australian Stern Hu, pleaded guilty to taking bribes, while contesting the amounts, lawyers at the hearing said on [...]
