India to end decades-old state monopoly on coal mining
Delhi is hoping the measure will reduce the nation’s reliance on coal imports.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Asteroid miner 3D-prints spacecraft prototype with alien metal
What Planetary Resources' 3D-printed model so impressive is the fact that it’s made entirely out of metal that’s not from Earth.
Political risk seen on the rise in these key mining markets
Major commodity-producing countries are set to remain under intense finance strain in 2016, which will increase the risk of social unrest, says Verisk Maplecroft.
Iron ore prices to fall back into the $30s — Citi
Prices fell Thursday for a second consecutive session. According to Metal Bulletin, the spot price for benchmark 62% fines dropped by 0.46%, or 20 cents, to $42.91 a tonne.
Centamin ups 2016 production target for its gold mine in Egypt
The miner is one the very few bullion miners to have performed well during one of the most difficult markets conditions affecting gold producers in decades.
This is the recently found largest blue star sapphire ever, and it’s worth $100M
The massive gem, named the “The Star of Adam”, could sell for up to $175 million.
Canada’s Imperial Metals halts production, lays off 100 due to low copper prices
Low copper prices have forced the Vancouver-based firm to lay-off more than one-third of the workforce at its Huckleberry mine in northwestern British Columbia.
Mining deaths in the U.S. fell to historic low in 2015
Eleven of the 28 deaths last year occurred at coal mines, a sector that has seen employment decrease significantly in recent years, especially in Appalachia.
Gold hits seven-week high on global cues, miners soar
The precious metal is building on gains from earlier in the week, triggered mainly by escalating geo-political tensions in the Middle East and North Korea’s nuclear test.
Malaysia imposes three-month ban on bauxite exports to fight pollution
The country, the biggest supplier of bauxite to China, said the ban takes takes effect from Jan. 15.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
