Gold is going digital.
Europe Mining News
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.
Miner aims at selling around 40 million carats of diamonds in 2018 provided market conditions are favourable.
The parties have agreed not to release the transaction price.
Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.
The 149-carat, D colour, Type IIa rough diamond is the fourth high quality stone of over 100 carats the company has recovered so far this year at its Letšeng mine.
A collapse at an abandoned gold mine in Uzbekistan has resulted in one death and roughly 20 trapped underground.
Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.
After lagging behind other precious metals last year, platinum is finally outperforming, and hedge funds are taking notice.
Currently, there's a lot of good news for gold which thrives on the spectre of high government debt leading to more money-printing and inflation.
Lonmin's lenders had granted the company a waiver of compliance with a loan agreement that required its net worth to remain at a minimum of $1.1 billion.
A fresh surge in U.S. and Canadian oil production would wreck all of OPEC's hard work.
Some of Europe's richest deposits of valuable materials are in the trash, ranging from gold in smartphones to cobalt in electric car batteries.
"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.
The Vancouver-based miner revealed that, including pre-commercial production from the Olympias project in Greece, its gold production was of 285,919 ounces in 2017.
Following the 2016 launching of the Collective Action Initiative for the Metals Technology Industry, the program announced today that it has added a new member.
Aristotelis Mistakidis will lose control of industrial copper operations including mines and focus on the trading side of the business.
The London-listed miner said production in three months to Dec fell 30 pct to 148,477 oz. compared with a year ago and 22 pct from the previous quarter.
Massive find is believed to be the fifth biggest gem-quality diamond ever found
This rise happened due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity.
Rosseau Asset Management CEO Warren Irwin sees encouraging and warning signs in the current mining cycle.
Tenova TAKRAF has recently developed a symbiotic niche in the oil sands industry.