The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.
Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.
December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.
New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.
The global miner and commodities has estimated spending on oil projects for this year and next of $2 billion and $1 billion on coal expansions.
The company pointed to the transition of its Argyle mine from open pit to underground, as well as a shift toward processing lower-grade ore at Diavik as the main reasons for the drop.
Kiran Gems, the world’s largest manufacturer of diamonds, participated in the 12th Mumbai Marathon on Sunday, January 15, 2015. The top brass of the organization, namely Mavji Patel, the managing director, Dinesh Lakhani and Rajesh Lakhani, both directors, along with 15 other employees came out in support of humanity and participated in this event.
Higher grades boost fourth quarter production despite concentrator fire at Oyu Tolgoi in Mongolia.
Japanese scientists have developed a process that uses salmon sperm to mine and reprocess rare earth elements (REEs).
The assets include the coal mines of Berezovskaya and Pervomaskaya, which together produce 700,000 tonnes of coal a year.
The move will see the miner taking control of the Borden Gold project in northern Ontario.
Price volatility, geopolitical turmoil, rising costs, declining grades and a general lack of financing will make of 2015 another challenging year for the sector.
The World Gold Council (WGC) and the Shanghai Gold Exchange (SGE) have signed memorandum of understanding on a comprehensive strategic gold cooperation agreement.
An environmental group is attempting to radically change the way mining projects are assessed with a court case involving Adani's controversial coal mining complex in Queensland.
Over just two days the copper price rout has slashed $134 billion off the value of the reserves of the world's largest producers.
Copper tumbled Wednesday to fresh six-year lows, dipping below $5,500 a tonne. Stocks in miners of the industrial metal are getting hammered.
Ceo Sam Walsh has said the firm expects to start exporting Australian uranium to India by 2017.
Part of the firm's CH800 series of mining cone crushers, the two models aim to help improve productivity and profitability in the mid-range segment.
Australia exports as much as 49 million tonnes of thermal coal a year to China.
The Bunder project will be one of the only four diamond mines to be operational over the next decade.
Its chairman Bob Kamandanu decided to step down only weeks ahead of a vote proposed by largest shareholder Samin Tan to replace most directors and take the reins at the company.
At least four people have been killed in a landslide at a jade mine in Myanmar’s north, authorities said Friday.
Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.
About half a million coal miners in India have called off a strike, removing the threat of widespread power outages and a crippling coal shortage.
Still minuscule compared to China, but the subcontinent is now a net importer compared to shipments of 120 million tonnes per year before.
The bottom line today is that the traditional nexus between real GDP growth, electricity expansion and coal demand is now broken.
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