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Gold price up $24, hits one-week high
25 May 2013 - The price of bullion rose 1.8%, or $24.40, settling at $1,391.80/oz on Thursday as the US dollar dipped.

Russia's EuroChem to start production at two potash mines in 2017
25 May 2013 - Russia's EuroChem plans to start producing potash at two mines in 2017, the company told Reuters last week.

Vale reduces forecast by 30% for coal exports from Mozambique
21 May 2013 - Mining giant Vale (NYSE: VALE) reduced its forecast by 30% for exporting coal from Mozambique, the African Press Agency reported Sunday.

United Nations publishes first plan for deep sea mining
20 May 2013 - The United Nations has published its first plan for deep sea mining, reports the British Broadcasting Corporation.

24-hour strikes for Newcastle coal terminal
19 May 2013 - Industrial action is set to continue at Port Waratah Coal Services in Newcastle after workers voted for a two-week campaign which could include 24-hour work stoppages.

New Gold pays $65.7 million to eliminate hedge
18 May 2013 - New Gold (NYSEMKT:NGD) says its production and resource base are now fully leveraged to the price of gold.

Transformer failure at Copper Mountain is an 'unfortunate event'
18 May 2013 - A transformer failure reported on Thursday at Copper Mountain Mining (TSE:CUM) will limit production to 24,000 tonnes per day for about the next four weeks.




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