Europe

What will Ivan buy next? Take 2

Frik Els | September 18, 2014
What will Ivan buy next? Take 2

"All that's required is to hand the world’s best mining assets to the world’s best management."

Diamond market grows to record $79 billion

Frik Els | September 18, 2014
Diamond market grows to record $79 billion

But new report by De Beers cautions that declining production could see the industry lose ground to other categories.

Inside potash potentate's $300m yacht

Frik Els | September 17, 2014
melnichenko_yacht_youtube_400

Andrey Melnichenko is taking Uralkali and Potashcorp head on by building two $5bn potash mines, but spent the summer cruising from Ketchikan to Seattle.

Uralkali: No plans to bring back Russia-Belarus potash pact

Frik Els | September 16, 2014
Uralkali: No plans to bring back Russia-Belarus potash pact

No going back to clubby system of tightly controlled global supply and set prices that served North American and European producers so well in the past.

Visual Capitalist

INFOGRAPHIC: Visualizing the changing landscape in nuclear power

Visual Capitalist | September 16, 2014
France nuclear power

In this visualization, every nuclear reactor in the world is shown and broken down by country and life of plant. This includes construction, commercial power generation, and decommissioning of the reactor.

Frik Els

What will Ivan buy next?

Frik Els | September 15, 2014
What will Ivan buy next?

A GlenTinto is not as far-fetched as it sounds.

Case against 26-year old mining CEO accused of stealing $7m to fund luxury lifestyle dropped

Cecilia Jamasmie | September 11, 2014
Case against 26-year old mining CEO accused of stealing $7m to fund luxury lifestyle dropped

His lawyers told MINING.com the parties reached a confidential agreement.

Ex-FBI boss hired by trust heading BSGR to run internal probe

Cecilia Jamasmie | September 11, 2014
Ex-FBI boss hired by trust heading BSGR to run internal probe

The internal probe is reportedly focused on claims that BSGR bribed Guinean officials to get lucrative rights over Simandou.

This is the $10 million-plus white diamond just found in South Africa

Cecilia Jamasmie | September 10, 2014
This is the $10 million-plus white diamond just found in South Africa

Analysts predict could fetch between $10 million to $16 million.

Nickel price rally still has a long way to go

Frik Els | September 9, 2014
Nickel price rally still has a long way to go

Filipino supply worries, depleting Chinese stocks and Indonesian refinery delays could see nickel rise close to $30,000 a tonne.

Goldcorp: We have hit PEAK gold

Frik Els | September 8, 2014
Goldcorp: We have hit PEAK gold

CEO Chuck Jeannes says barring a major technological breakthrough global gold production probably peaked in 2013.

UK’s 310-tonne gold reserves in limbo if Scotland becomes independent

Cecilia Jamasmie | September 8, 2014
UK’s 310-tonne gold reserves in limbo if Scotland becomes independent

A triumph of the "Yes Scotland" campaign would have to be followed by negotiations with London over a raft of assets.

Anglo American chief not going for any major corporate split

Cecilia Jamasmie | September 7, 2014
Anglo American chief not going for any major corporate split

A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.

INFOGRAPHIC: A forecast of when the world's resources will run out

Cecilia Jamasmie | September 7, 2014
INFOGRAPHIC: Here is when the world's resources will run out

Here is one interpretation of how much is left on Earth.

London gold fix begins seeking 3rd party to run benchmark

Cecilia Jamasmie | September 5, 2014
London gold fix begins seeking 3rd party to run benchmark

Winner will be announced in October, and implementation will be complete by the year-end.

Australia signs uranium export deal with India

Cecilia Jamasmie | September 5, 2014
Australia seeks deal to sell uranium to India

The country lifted a long-standing ban on selling uranium to energy-starved India in 2012 and both have been negotiating a nuclear safeguards agreement since then.

Five coal miners die in Bosnia after quake causes mine collapse

Cecilia Jamasmie | September 5, 2014
Bosnian coal miners trapped alive after earthquake

Officials halted rescue efforts, believing that five men who remained trapped underground were dead.

Goldman Sachs: Gold will drop $200 by end of year

Frik Els | September 4, 2014
Goldman Sachs: Gold will drop $200 by end of year

Investment banks says it's time to short gold.

About $50bn in mining investment expected in Guinea by 2025

Cecilia Jamasmie | September 4, 2014
About $50bn in mining investment expected in Guinea by 2025

But some of the nation's resources that are considered among the world’s largest, such as the Simandou iron ore deposit, face both financial and political challenges.

Frik Els

Glasenberg pooh-poohs Anglo takeover

Frik Els | September 3, 2014
Glasenberg pooh-poohs Anglo takeover

There's a history there of course. Just ask Mick Davis.

Glencore’s Dominican mine saved by the President

Cecilia Jamasmie | September 3, 2014
Glencore’s Dominican mine saved by the President

President Danilo Medina vetoed bill creating a National Park, which would have blocked the expansion of Glencore's Falcondo mine.

Anglo American to pay $4.5m for environmental breaches in Chile

Cecilia Jamasmie | September 3, 2014
Anglo American to pay $4.5m for environmental breaches in Chile

Authorities say the firm violated 16 environmental rules at El Soldado copper mine, located about 130 km northwest of capital Santiago.

Rare earth, other mining projects pile up in northern Europe

Cecilia Jamasmie | September 3, 2014
Rare earth, other mining projects pile up in northern Europe

Vast stretches of northern Europe’s wilderness will soon host more mining companies going ahead with several projects in the area.

PGM roller coaster ride: long way down

Frik Els | September 2, 2014
Palladium price roller coaster ride: long way down

Palladium drops sharply from 13-year highs. Sister metal platinum close to wiping out 2014 gains.

Miner killed in Turkish coal mine

Cecilia Jamasmie | September 2, 2014
Miner killed in Turkish coal mine

Mining accidents are common in Turkey, where poor safety conditions have cost 3,000 lives since 1941.

Cecilia Jamasmie

China’s antitrust crackdown threatens BHP demerger

Cecilia Jamasmie | September 2, 2014
China’s antitrust crackdown threatens BHP demerger

Following a meeting with BHP’s China boss, Beijing issued a statement saying it believed that “BHP and other iron ore suppliers should avoid abusing dominant market positions."

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