The iron ore price fell again on Thursday losing nearly 6% in four days and falling to a fresh five-and-a-half year low within shouting distance of $60.
The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.
The firm expects production at Ferrobamba, one of the four deposits that make up Las Bambas project, to start early next year.
Down nearly a third in 2014 as anti-corruption drive curbs conspicuous consumption and investment money flows into Shanghai stock market.
Another slide on Tuesday drops iron ore price 13.4% year to date, but latest forecasts see another double digit dip from current levels.
Down 4% to fresh five-and-half year low.
Sixteen men, who failed to access a safe, broke into a room used for sorting diamonds near Prieska Monday morning.
The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.
Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.
Vancouver gold miner forecasts minimum 80,000oz dip in output this year even as costs at mines in Greece, Turkey and China surge as much as 28%.
But it lost its gains right after two ECB officials said policy makers would propose purchasing 50 billion euros in assets per month through the end of 2016.
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.
Minimum of 1.9 million metric tons of red standard-grade potash over three years.
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 world’s second largest iron ore miner is targeting a 18% output increase this year, adding to a mounting global glut that has driven down the commodity price.
Japanese scientists have developed a process that uses salmon sperm to mine and reprocess rare earth elements (REEs).
The removal of the export quotas follows a year of regulatory changes in the rare earth industry, such as the formation of the Bataou Rare Earths Products Exchange in March 2014 and the consolidation of smaller producers, including illegal mining operations into two state-owned regional monopolies.
So where do investors go looking for returns? Eric Coffin suggests gold, both bullion and stocks.
The move will see the miner taking control of the Borden Gold project in northern Ontario.
Next round of displacements will come from mines "that just 18 months ago could have been making $50/mt or more in cash margin" says new report.
A mineral exploration company faced an unusual situation recently, when Ontario mining officials enforced foreign orders against mining claims for which the company had recorded its interest.
The World Gold Council (WGC) and the Shanghai Gold Exchange (SGE) have signed memorandum of understanding on a comprehensive strategic gold cooperation agreement.
Copper price slumps 5% to lowest since July 2009 on Tuesday as worries about global growth overwhelms industrial metals markets.
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.
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.
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