In a major breakthrough for the Australian government, Prime Minister Julia Gillard managed to reach an agreement with the mining industry. The 40% tax proposed by Mr. Kevin Rudd on all resources has been modified to a 3...
Deutsche Rohstoff Australia hopes to mine about 200,000 tonnes of gold ore from several gold deposits in August this year.
Fortescue Metals Group Ltd chief Andrew Forrest is now feeling confident about reaching a deal over the Resources Super Profits Tax (RSPT) with the Australian Government.
A gold mine collapse in Dunkwa-on-offin in Ghana is said to have trapped 80 miners. The illegal gold mine owner has been held by the local police. He is believed to have hired about 135 people to work on the abandoned go...
SEMAFO has recently reported that it has updated its mineral reserves for its Mana Mine in Burkina Faso to total 1.7 million ounces.
If you thought that buying gold was the safest investment that you could make Macquarie Bank interest rate strategist Rory Robertson, would have you rethink that decision. He considered gold a bubble waiting to burst.
The Labor Party has a new leader and the mining industry is already gaining across the Australian stock market. With Prime Minister Kevin Rudd being ousted by Julia Gillard the proposed Resources Super Profits Tax on the...
The Resources Super Profits Tax (RSPT) proposed by the federal government in Australia on the mining industry is likely to cost the Australian economy more than it benefits it. This has been the main argument of all the ...
According to the Australian Bureau of Agricultural and Resource Economics (ABARE), next financial year is going to be boom time for the miners. ABARE expects the mining and energy exports to come to about $170 billion in...
The republic of Mongolia is currently being wooed by the London Stock exchange, Hong Kong Exchanges and Clearings, and Nasdaq. The issue is the listing of Mongolian Mining Companies. The estimated mineral wealth of Mongolia is said to be vast despite limited exploration in the country.
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