The Aikhal division accounted for more than a third of the company’s total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.
Europe Mining News
The country's ultimate objective is to have its own space mining agency by the end of the year.
Gakara mine, which operated for 30 years until 1978, is expected to restart commercial production in the fourth quarter of the year.
After strong start to 2017, US steel output growth for the first six months slows to just 1.3%.
The arbitrator has sided with miner, allowing it to move forward with the case against the Central Asian country.
Both rocks, said ALrosa, are believed to be gem-quality.
It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.
Lucara Diamond’s Lesedi La Rona is said to face challenges other rock never do, including its multi-million-dollar price tag and a risky polishing process that can take months or years.
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
Ma'aden operates six gold mines in the Central Arabian Gold Region, western Saudi Arabia which contains much of the Kingdom's gold rich ore deposits.
NFEx says in talks with several clearing houses
First discovered in 1961, Sukhoi Log in eastern Russia holds 62.8 million ounces of gold.
The so-called Palmani project aims to discover and characterize the mining potential of an area located in Chile's extreme north, at about at 2,100 metres of altitude.
The world's largest diamond producer by output said market has refound its balance.
Deal gives Eldorado full ownership of the Lamaque project near Val-d'Or, Quebec, which is expected to produce 123,000 ounces of gold at all-in sustaining costs of US$634 per ounce over 10 years.
Using PwC research, UK-based digital marketing agency Aira worked with RS Components to reveal how many jobs per sector are at high risk of being taken by robots by 2030. Mining ones are among them.
During the first quarter of 2017, Metso signed three new long-term maintenance contracts with major mining companies in the Pacific Rim region.
The 126-carat is the latest in a string of major discoveries Gem Diamonds have made at Letšeng this year.
Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.
Case has potential to set precedent for other foreign claims.
The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.
Two of them are foreign firms.
The recognition was granted for the best-in-class performance and announced at the AMM Awards 2017 for Steel Excellence, in New York, United States.
In 2016, ALROSA's investments in underground mines and other core production facilities amounted to RUB 16.5 billion or 60% of the Company's total capital investments.
The company argues the Central European country violated several investment treaty provisions in its claim to the bank’s International Centre for Settlement of Investment Disputes.