Recent Articles

Codelco El Teniente mine expansion to take longer, cost $2bn more

Posted on December 19, 2014

The touted expansion of the world's largest underground copper mine is two to three years behind schedule and will require $2 billion more than initially planned, said the company.

UK legislators call for an end to forced labour in Eritrea mines

Posted on December 19, 2014

According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.

Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

Posted on December 19, 2014

The investigative reporting piece exposed extremely poor working conditions in factories making Apple products in China and Indonesia.

Liebherr's mining division sees turnover dip

Posted on December 19, 2014

The German equipment manufacturer expects it to drop by at least 4.5% this year, about $317 million less than in 2013.

Russian miners find rock containing 30,000 diamonds

Posted on December 18, 2014

Unearthed at Alrosa's Udachnaya diamond mine, it was later donated for study as the diamonds it contained were pretty much worthless as gems.

Uranium picks up on Asia’s renewed appetite for nuclear energy

Posted on December 18, 2014

China’s increased reliance on nuclear energy and Japan restarting its reactors are only two of the factors driving prices up.

Judge turns down Vale bid to dismiss Rio Tinto lawsuit in U.S.

Posted on December 18, 2014

The court said Vale had failed to convince him to dismiss the case in which it is accused of conspiring to steal Rio's rights for part of iron ore reserve potentially worth billions.

Lucapa Diamond to begin mining at its Lulo project in Angola

Posted on December 18, 2014

In a first phase the miner plans to target high-grade diamond ore bodies, meeting a target of 14,000 bank cubic metres (bcm) per month.

Barrick to halt Lumwana mine in Zambia after tax hike

Posted on December 18, 2014

The Canadian giant had earlier said it would consider such a move in the event the new tax regime was approbed.

Joy Global beats forecasts, but sees 2015 as another challenging year

Posted on December 17, 2014

The Milwaukee-based equipment maker warns weak commodity prices and falling industry investment in new machinery will live on.

EU spares Canadian oil sands the ‘dirty fuel’ label

Posted on December 17, 2014

The vote of the full plenary was prompted earlier this month when the EU's environment committee rejected a deal worked out after more than two years of lobbying by Canada.

Coal of Africa extends date on Mooiplaats sale

Posted on December 17, 2014

The transaction is now expected to be completed in the first quarter of 2015.

Anglo American Platinum offered $385 million for stake in Bokoni mine

Posted on December 17, 2014

The potential buyer — community-owned firm Baroka Tribal Mining— will also acquire Amplats' 22.5% percent indirect stake in its joint venture partner, Atlatsa Resources.

Coeur Mining acquires Paramount Gold and Silver for $146 million

Posted on December 17, 2014

As part of the agreement, Paramount will spin off its non-Mexican assets into a standalone publicly listed company— Paramount Nevada Gold Corp.

B.C. asks you to stuff stockings with local coal

Posted on December 16, 2014

Coal, a major B.C. export, has been suffering from a global oversupply and falling prices. How is that for a reason to fill up your stockings with it? Hmm…

Minnesota dumps potash into lake to kill zebra mussels

Posted on December 16, 2014

Zebra mussels reproduce quickly and can disrupt the food chain, clog water pipes and create algae.

Pacific Potash mining rights in Brazil jeopardized over unpaid tax

Posted on December 16, 2014

The Vancouver-based miner said it did not receive the funds wired to pay the tax for "unknown reasons."

China lowers coal export levies to boost ailing economy

Posted on December 16, 2014

The country will cut export tariffs for coal from Jan. 1 as part of broader efforts to drive economic growth.

Deep-sea mining pioneer now hunts for resources in space

Posted on December 16, 2014

Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.

Canadian First Nations arrive in Montreal after 850km march against uranium mining in Quebec

Posted on December 15, 2014

Group delivers message to the province’s environmental protection watchdog on final day of hearings into uranium extraction and exploration.

Miners back to work at Peru’s Antamina copper mine

Posted on December 15, 2014

This was the second time that Antamina’s workers down tools in about a month over demands for a bonus and other benefits.

China’s nuclear giant grabs majority stake in UK wind farms

Posted on December 15, 2014

The deal marks China General Nuclear Power's first big acquisition of onshore wind generating capacity in the west.

Newcrest, Harmony set to build one of the world's lowest-cost gold mines

Posted on December 15, 2014

The revised plan for their jointly-owned Wafi-Golpu in PNG will require an initial capital spending cost of $2.3 billion.

VIDEO: Cat machines destroy world's tallest sand castle

Posted on December 15, 2014

Well, they built it, so they were entitled to do whatever they wanted with the new Guinness World Record holder for the highest sand-made fort.

BP-Husky new Canadian oil sands project begins operations

Posted on December 12, 2014

The Sunrise Phase 1 oil sands project is expected to have initial capacity of 60,000 barrels per day.

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