Metal Minings News

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Gold demand picks up as prices stabilise

Caterpillar mining offered a row of the underground mining system and the solution to satisfy the requirement for the production that was high as …

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Underground Mining Loader

(Adds background, fresh quotes, details) SYDNEY, Aug 24 (Reuters) - Australia has approved Chinese aluminium giant Chinalco’s recent purchase of a minority stake in Anglo-Australian miner Rio Tinto (RIO.AX: Quote, Profile, Research, …

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UPDATE 1-Australia approves Chinalco stake in Rio Tinto

There are fears that BHP and Rio combined would be too powerfulMining giant BHP Billiton expects to grow production volumes over the next year by 10% despite a slight slowdown from its main driver for demand, China. …

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BHP eyes 10% yearly output growth

2 weeks ago, while gold & gold mining stocks were being dumped mercilessly, I went long the gold miners via a mutual fund: Buy Gold Mining Stocks. I found the DSPML-WGF to have a 85%+ correlation with the XAU, so it’sa good enough proxy …

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Update: Long Gold Mining Stocks