The Kvanefjeld project would also be the world’s second-biggest rare earths operation.
Australia Mining News
Western Australia may soon have a new uranium mine, after the last environmental hurdle was cleared by Vimy Resources (ASX:VMY) to build its Mulga Rock uranium mine.
The country expects mining investments to increase 360% in the next four years compared to the 2013-2016 period as it has already granted 160 of the 420 explorations licences it put out to tender in July.
The rankings are based on data for academic reputation, employer reputation, research citations per paper and research impact.
The 187.6-carat rare stone will remain on display until April at the Smithsonian’s National Museum of Natural History in Washington D.C..
Beijing will adopt more market-friendly measures in the sector and other oversupplied industries.
He joins a growing list of chairmen who are leaving some of the world's' top mining companies, including BHP Billiton and Anglo American.
For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.
The country’s copper output is predicted to have fallen by 12% last month when compared to February 2016, while GDP dropped 1%.
Sam Walsh's bonuses, potentially worth millions, had been delayed for at least two years as investigations continue into dubious payments related to Simandou iron ore project in Africa.
Federal officials executed a search warrant at three of Caterpillar facilities, including the corporate headquarters in Peoria.
Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls
Incidents come despite a local judge ruled late Tuesday that a deferred payment from 2016 should go out to workers within 48 hours.
Industry observers believe Yancoal will face several challenges when trying to complete a $2bn equity issue to finance the acquisition of Rio’s coal mines in the Hunter Valley.
Joint venture with Kalium Lakes has added the Carnegie potash project in Western Australia to the company’s increasingly diverse project portfolio.
The shortage of copper predicted for the next five years has the potential to skyrocket prices due to upcoming supply issues.
Coal accounted for 62% of the nation’s energy mix last year, down from 64% in 2015.
Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.
The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.
The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.
The target group was the the top diamond consumer in 2015, a year in which most commodities plummeted, hitting the mining industry very hard.
Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.
Things are looking up for the Australian coal industry.
The world's No.1 iron-ore producer recorded a net profit of $3.98 billion in 2016, a significant recovery from a loss of $12.13 billion it reported a year earlier.
A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.