Recent Articles

Newmont ships first copper from Indonesia in eight months

Posted on September 30, 2014

30,000 tonnes of copper concentrate were sent out Monday.

London Metal Exchange raises fees by a third

Posted on September 30, 2014

This is the first fee hike since Hong Kong Exchanges & Clearing Ltd. acquired LME for $2.2 billion in 2012.

Solar power to replace coal as world's top electricity source by 2050 — IEA

Posted on September 29, 2014

Coal currently generates about 36% of global electric power, according to the energy watchdog.

Argyle pink diamond ring worth $577k stolen in Australia

Posted on September 29, 2014

Each of the diamonds in the ring is laser inscribed with a serial number,.

This man stole a diamond worth $160,000 and traded it for bag of pot

Posted on September 29, 2014

The diamond was soon recovered and returned to its owner.

India’s biggest underground coal mine opens next month

Posted on September 29, 2014

With an annual capacity of 2.8 million tonnes the mine is expected to help feed the country’s starved power stations.

China to impose revamped coal tax in December

Posted on September 29, 2014

The new resource expected to encourage a more efficient use of coal, which has been blamed for the nation's severe air pollution troubles.

London Mining shares collapse on funding fears

Posted on September 29, 2014

The iron ore producer warned it did not have sufficient cash to operate Marampa, its only mine.

Singapore kilobar gold trading to debut mid-Oct

Posted on September 29, 2014

Moves seeks to establish Singapore as centre for precious metals after the government removed 7% goods and services tax on investment-grade gold, silver and platinum in October 2012.

Miners ordered to hand back land to natives in Colombia

Posted on September 26, 2014

The ruling, which affects 11 gold mining companies, is the first of its kind in the South American nation.

Canadian researchers modernize solar power with nano gold technology

Posted on September 26, 2014

Scientists have discovered that a small molecule created with just 144 atoms of gold can increase solar cell performance by more than 10%.

World Gold Council bullish on demand, ETFs role

Posted on September 26, 2014

Industry body sees demand rising as economic growth lifts consumers’ incomes.

Aussie court stops Palmer's firm attempt to axe Citic Pacific mining rights

Posted on September 26, 2014

Today’s interim injunction prevents Mineralogy from stripping its Chinese business partner from its iron ore mining rights in the Pilbara.

Gold smuggling into India hits new record highs

Posted on September 26, 2014

About 50 tonnes of the precious metal reportedly made it into the country only in the past 10 days.

Chile sees $105bn mining investment in next decade

Posted on September 25, 2014

The massive figure includes a recently announced $23.5 billion for state-owned copper miner Codelco to revamp century-old mines that are running out of profitable ore.

Polish miners abandon Russian coal imports blockade

Posted on September 25, 2014

Warsaw has promised industry support.

Zambian chamber urges gov't to speed up tax refunds for miners

Posted on September 25, 2014

The business group argues the sector must be nurtured to generate the revenues needed for the country’s economic diversification.

Northern Dynasty scores temporary win in battle against EPA

Posted on September 25, 2014

U.S. federal court won't make a final decision until at least January 2, 2015.

BHP to go ahead with London-listing of demerged $15bn firm

Posted on September 24, 2014

New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.

India’s top court cancels over 200 coal licences

Posted on September 24, 2014

It only spared four of the licences granted since 1993.

Miner among Africa’s top 10 female business leaders

Posted on September 24, 2014

Bridgette Radebe, chairwoman of Mmakau Mining and president of the South African Mining Development Association, is known for being one of Africa’s first black female mine owners.

China’s iron ore imports to fall in September — report

Posted on September 24, 2014

Shanghai Metals Market warns slim profits and continuous declines in steel prices have dampened Chinese mills’ appetite for iron ore.

Low metal prices put chill on global mineral exploration

Posted on September 24, 2014

Fresh data suggests it is still too early to celebrate a recovery in the sector.

New diamond nanothreads may let scientists build space elevator

Posted on September 24, 2014

Scientists have discovered how to produce ultra-thin diamond nanothreads, a sort of very strongnanotubes, which could prove to be stronger and hardier element currently available.

Gold up on Syria bombing, weaker dollar

Posted on September 23, 2014

Experts don't expect gains to last for long.

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