Up nearly 4% on Monday; rallying after weeks of intense selling.
A GlenTinto is not as far-fetched as it sounds.
Authorities say the firm violated 16 environmental rules at El Soldado copper mine, located about 130 km northwest of capital Santiago.
The open pit mine would produce 7 million tonnes of coal a year and contribute $33 million in annual royalties.
In the 30 years Rio Tinto's Argyle Pink Diamonds have been tendering the rare gems, only 13 red diamonds have been brought in.
No signs of production slowdown in major coal-exporting countries.
Potential problems in the horizon for Seabridge Gold's proposed gold, copper, silver and molybdenum mine in northern British Columbia, just 30 km from the Alaska border.
Anglo's unit Kumba plans to almost double production by 2030.
The world's largest diamond miner by market value said it will adopt a more flexible sales approach.
In the first half of 2014, the country’s coal imports grew just 0.9%, compared with 13.3% a year earlier.
Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.
Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.
South Africa’s top gold producer is said to be going ahead with plans to expand into the country’s platinum sector before the end of the year.
Diversified giant Anglo American won't be bidding for the one of the greatest iron ore prizes anywhere in the world.
Total coal exports, however, fell 13.1% in the quarter, from 17.4 million tons in the first quarter of 2013 to 15.1 million tonnes in the same period this year.
The country's mining industry has lost 6,600 workers in the three months to May.
De Beers, the world's largest diamond miner by market value, is also bracing for a rough diamond demand rush.
They oppose the agency's latest decision, which may block development of the Pebble mine before any permit application has been filed.
Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.
The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”
The suit says the agency may kill the project before mine plans are finalized or it’s evaluated through the permitting process.
He added that the miners are demanding their wages to more than double, an increase the three companies say is unaffordable.
Following adoption of new mine ownership law for coking coal-rich southern African nation.
Iron ore price drops 2.2% as stockpiles in China surge to new record and worries over country's property market mounts.
Platinum output fell by nearly 40% as a consequence of a more than three-month strike over pay in the sector South Africa.
Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.
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