Europe

First ruby and pink sapphire mine coming soon to Greenland

Cecilia Jamasmie | October 31, 2014
First ruby and pink sapphire mine coming soon to Greenland

True North Gems expects to start production towards the end of winter of 2015.

U.K. Coal Authority launches mobile friendly version of Interactive Map Viewer

MINING.com News | October 31, 2014
U.K. Coal Authority launches mobile friendly version of Interactive Map Viewer

The application allows users to view selected coal mining information on a smart phone or tablet.

Landslide halts rescue efforts at Turkish mine

Cecilia Jamasmie | October 30, 2014
Landslide halts rescue efforts at Turkish mine

Over 500 rescue personnel, two planes, three helicopters, 25 ambulances and 97 other vehicles continue to carry out the search and rescue work.

No more mine deaths in Turkey

IndustriALL Global Union | October 29, 2014

Twenty workers have either been rescued or escaped on their own from the flooded coalmine, but hopes are fading for the remaining 18 trapped underground.

Nickel price jumps again – Chinese stocks gone by April

Frik Els | October 29, 2014
Nickel price jumps again – Chinese port stocks gone by April

After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.

Hopes for workers trapped in Turkish coal mine quickly fading

Cecilia Jamasmie | October 29, 2014
Hopes for workers trapped in Turkish coal mine quickly fading

Water levels inside the mine keep rising and rescue crews had made no contact with the trapped workers.

How the central bank squandered Switzerland's gold reserves

Frik Els | October 28, 2014
How the central bank squandered Switzerland's gold reserves

If the Swiss vote yes in next month's referendum its central bank needs to buy back 1,500 tonnes of gold sold for $300–$500 an ounce a decade ago.

Russia pushes forward plans to mine the moon

Cecilia Jamasmie | October 28, 2014
Russia is seriously advancing plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

At least 18 Turkish miners trapped in coal mine after collapse

Cecilia Jamasmie | October 28, 2014
At least 23 Turkish miners trapped in coal mine after collapse

Initial media reports said the collapse occurred after water that had built up inside the mine coursed into areas where the workers had been located.

CHARTS: This is how much gold miners really put into their host countries

Cecilia Jamasmie | October 27, 2014
This is how much gold miners really put in their host countries

Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.

Anglo American ships first iron ore from Brazilian Minas-Rio project

Cecilia Jamasmie | October 27, 2014
Anglo American ships first iron ore from Brazilian Minas-Rio project

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.

Down the black hole of coal mining in Poland

Washington Post | October 27, 2014

In his series “What Coal Left Behind,” photojournalist Matthew Busch looked to Europe — Walbrzych, Poland, specifically — to explore the human impact of harvesting fossil fuels, and the people involved either directly or indirectly in the practice.

BHP to sell US shale assets, limit annual capex to $14 billion

Cecilia Jamasmie | October 27, 2014
BHP to sell US shale assets, limit annual capex to $14 billion

The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.

This firm has more than half the copper in LME warehouses

Cecilia Jamasmie | October 27, 2014
This firm has more than half the copper in LME warehouses

That is worth around $534-$854 million, based on prices of $6,675 per tonne.

Brazil’s Vale close to becoming world’s largest nickel producer

Cecilia Jamasmie | October 24, 2014
Brazil’s Vale close to becoming world’s largest nickel producer

The miner beat estimates after logging a 16% jump in Q3 nickel production, taking total output of the metal this year to 201,400 metric tons.

Airborne Laser Mapping Reveals First World War Trenches in Derbyshire, England

Bluesky | October 24, 2014
B2

High resolution laser scanned height models may have revealed previously unrecorded First World War practice trenches. The LiDAR (Light Detection and Ranging) laser data, captured by aerial mapping company Bluesky, was commissioned by the Coal Authority as part of their research and development programme, which is looking at alternative ways to inspect mine entries in remote and rural areas.

Potash Corp remains confident of market outlook despite weak prices

Cecilia Jamasmie | October 24, 2014
Potash Corp remains confident of market outlook despite weak prices

The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.

Iron ore and rare earth metals mining: an industry under siege?

The Guardian | October 24, 2014

Resource scarcity and human rights issues surrounding metals extraction, coupled with unrelenting global demand mean the industry is facing some tough realities.

Golden opportunity divides town in rural Spanish city

El Pais | October 24, 2014
mina-no

The dispute dates back four years. Some locals still refuse to use certain shops in the village because their owner has taken one side or another regarding a proposal by Canadian company Asturgold to mine one of Europe’s last major gold reserves.

The Swiss gold vote: should investors worry?

Wall Street Journal Online | October 23, 2014

Should the Swiss National Bank SNBN.EB -0.37% buy gold? Lots and lots of gold? The country’s electorate goes to the polls on Nov. 30 to decide.

Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

Cecilia Jamasmie | October 23, 2014
Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

The move is seen by analysts as an attempt to strengthen the firm’s image.

Caterpillar posts strong results despite poor mining sales

Cecilia Jamasmie | October 23, 2014
Caterpillar posts strong results despite poor mining sales

The equipment maker beat analysts' expectations and the stock is skyrocketing in premarket trading.

Caterpillar global sales down 10% in September

Cecilia Jamasmie | October 22, 2014
Caterpillar global sales down 10% in September

The equipment maker is scheduled to report third-quarter earnings Thursday.

African Minerals founder to buy broke London Mining's Sierra Leone assets

Cecilia Jamasmie | October 22, 2014
African Minerals founder to buy broke London Mining's Sierra Leone assets

Frank Timis has got $20 million to acquire the mine bordering its own iron ore project Tonkolili.

Horse breeders win coal mine expansion fight against Anglo American

Cecilia Jamasmie | October 22, 2014
Horse breeders win coal mine expansion fight against Anglo

Planners ruled Anglo’s 100 million-tonne project was a threat to the Hunter Valley's thoroughbred and tourism industries.

Euromax Resources announces US$175 million gold streaming agreement with Royal Gold

Euromax Resources | October 21, 2014

Euromax Resources has entered into a $175 million deal ith RGLD Gold, to finance the next stages of development and construction of the company's Ilovitza copper-gold project in the Macedonia.

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