The company, which last month found the world’s fifth-biggest diamond in history at its flagship Letšeng mine in Lesotho, sold 21% more rocks in last quarter of 2017.
Europe Mining News
BHP's Escondida on Wednesday cast doubt on chances of starting talks on a new labor agreement with the company before formal negotiations scheduled for June.
The Katanga mine in Democratic Republic of Congo likely to add roughly 150,000 tonnes of copper and 11,600 tonnes of cobalt in 2018.
CRU’s 17th World Copper Conference is a premier copper conference that attracts over 500 delegates.
The halcyon days of coal trading seem to be over as buying and selling of the world’s most widely used power-plant fuel plunged last year.
Imagine that for every million people on Earth, there was a single dot on a map. What if we went back in time, watched dots accumulate over human history?
Egypt-focused gold miner is paying a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.
Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.
Last year, the miner sold other coal assets that exclusively supplied South Africa’s power utility Eskom, including New Vaal, New Denmark and Kriel collieries.
While this week’s surge put gold on many more traders’ radars, it has actually been picking up steam for 6 weeks now.
The only thing that could make it more bullish is if the USD reversed under oversold conditions and close to the cyclical turning point. Oh wait. It did.
The Russian state-controlled diamond miner increased fourth-quarter production by 6 percent year-on-year to 10.1 million carats as a shutdown at its Mir mine was offset by higher output at other assets.
When it comes to finally reaching a deal to secure Freeport-McMoRan Inc.’s long-term right to keep mining in Indonesia, the ball appears to be firmly in Rio Tinto Group’s court.
The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That’s a 22 percent jump from a year earlier, beating its own target.
The company beat expectations on Thursday with a 5% increase in 2017 production.
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
The field of prospective bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, has narrowed to two.
Recognizing the vital role that copper will play in a sustainable future, Nexans is joining forces with Codelco.
The key question is whether the bearish trend in the greenback will continue or we will see a trend reversal.
Copper producer Cradle Arc embarked on a new London listing on Wednesday to fund production in Botswana.
Gold is going digital.
Receiving the necessary licences would allow the company to continue operating in the state of Minas Gerais, where the iron ore mine is located, for at least another 15 years.
Chile-focused miner also expects costs to rise on tailings dam expenditure.
French uranium mining group Areva closing the book on a years-long restructuring but still facing an uncertain future, with uranium prices at decade lows.
Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.