Debmarine Namibia, a 50/50 joint venture between the country and De Beers Group, tis planning for the construction of the world’s largest custom-built diamond mining vessel.
Europe Mining News
The Critical Investor profiles a company exploring a high-grade zinc property, and explains why he believes the upcoming PEA could surprise markets.
Brazil's Vale SA denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine, saying it is continuing to look for a partner.
Katanga, which operates cobalt and copper mines in the DRC, said Aristotelis Mistakidis, Liam Gallagher and Tim Henderson had tendered their resignations.
The company said if long-delayed permit for its massive iron ore mine is not issued next month as expected, it would have to shut it by Sep. 2018.
They are puzzled by the finding of 21 Islamic gold dinars at an abbey in eastern France.
The sale may be delayed for up to a year, a setback to efforts by the world’s largest iron ore producer to offload non-core assets.
London hedge fund giant Lansdowne Partners lost a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise.
"Hedging by means of long-term (supplier) contracts is  way to control such new issues (of securing materials supplies)," says VW head of sustainability.
Nearly 20 countries have joined a British-Canadian initiative to phase out coal from power generation before 2030.
HSBC referred to the company as a “sector leader at a discount”.
More than in the past, the population is divided on whether globalization is a force for good or not.
The Swiss commodity giant is reportedly finalizing a $700-million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty vehicle.
The state-run firm also said that this year's output of electrolytic copper from its own concentrates will be 35,000 tonnes than the planned 401,000 tonnes due to an accident at its smelter.
Mounted in a diamond and emerald necklace, the white, matchbox-size rock was acquired by an unidentified buyer.
The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.
Canadian gold miner provides an update on exploration activities completed to date in 2017.
The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.
EDF has been experiencing delays in restarting some of its nuclear reactors.
The leader of the Villavieja de Yeltes municipality is planning to rent buses so that people can attend the rally.
Trafigura Group provides $200m in funding to Finland's Terrafame nickel mine, which plans to start producing material for electric vehicle batteries by 2020.
Miner said it would the project back into "care and maintenance" and re-assess its investment in it upon approval and receipt of required permits.
After successful joint R&D efforts between Atlas Copco and Hecla Mining Company, the first order of Mobile Miner 40V was recently received. The machine will be delivered to the Lucky Friday mine in Idaho, USA.
Call options wagering on copper climbing above $10,000 a metric ton by Dec 2018 have started trading during past two weeks, with $4.5m spent by traders.
The large rough, gem-quality stones range from 82 to 163 carats.