Dundee Precious Metals stock in mini meltdown after told to cut smelter feed

"We have spent over $40 million on the smelter in the two years we have owned it and are aware of the challenges that continue to exist there," Chief Executive Jonathan Goodman said in a statement.

Frik Els | April 30, 2012 - 9:06 pm

Allana Announces Mineral Resource Update: Measured+Indicated Mineral Resources Increase by Over 90%

The measured and indicated mineral resource estimate totals 1,297,529,000 tonnes with an average grade of 19.32 % KCl, representing approximately 250 million tonnes of KCl.

Marketwire - Mining and Metals | April 30, 2012 - 9:01 pm

Sierra Club continues Kemper coal-plant legal battle

Sierra Club officials in Mississippi are continuing a legal fight to stop construction of a $2.88 billion coal-gasification power plant by a Southern Co utility in Kemper County, Mississippi.

Reuters | April 30, 2012 - 8:02 pm

Fascinating video: growth of shipping around the globe over the past 250 years

Cool.

Michael Allan McCrae | April 30, 2012 - 7:53 pm

Gold Shakes Off $1.24 Billion ‘Fat Finger’

Wall Street Journal Online | April 30, 2012 - 7:52 pm

Junior mine developer Rubicon snatches Goldcorp veteran for top spot

Michael Lalonde is jumping ship from Goldcorp to Rubicon Minerals as the latter moves its Phoenix gold project in the Red Lake district through to production.

Mineweb | April 30, 2012 - 7:34 pm

India’s new uranium mine may host one of world’s largest reserves

In what is considered a major milestone in the Indian nuclear program, the Uranium Corporation of India Ltd (UCIL) commissioned last week a new uranium mine, which may host one of the most significant reserves of the yellow material in the world.

MINING.COM Editor | April 30, 2012 - 6:38 pm

Imports likely down 30% as gold hits all-time rupee high

Indian gold imports are likely to plummet this year as a crashing currency and new taxes send domestic gold prices soaring.

Frik Els | April 30, 2012 - 6:36 pm