Lonmin warns of $2bn write-down, 6,000 job cuts
The world’s third-largest platinum producer is also planning layoffs, cutting capex and lowering unit costs.
Cecilia Jamasmie , Editor-in-Chief
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Last standing underground coal mine in the UK to close next month
The closure of Kellingley Colliery, Britain’s last deep coal mine, marks the end of a 300-year industry that once employed over a million workers.
Peru’s Garcia makes mining key pillar of his presidential campaign
The former president says lack of immediate benefits for communities has driven mining opposition causing the country to lose billions worth of gold and copper projects.
Australia’s junior sector turns to crowdfunding
The growing practice consists on soliciting small amounts of money from a large number of people in order to fund a project or venture.
Aussie miner to open Guyana’s second largest gold mine
Troy Resources' Karouni mine is expected to produce up to 100,000 ounces of the precious metal a year.
Future of BHP coal mines in Indonesia hinging on mining rules revision
The country's government is in the midst of reviewing its mining legislation, particularly mandatory divestment rules and contract extensions.
This interactive timeline will teach you all about diamond mining
It all began about 900 million years ago.
Japan tightens grip on Kazakhstan’s emerging rare earths sector
The Japanese Oil, Gas and Metals National Corporation (JOGMEC) has signed a deal with local authorities to jointly explore for rare earths in the Karaganda and Kostanay regions.
Canada’s Eldorado Gold swings to loss in Q3
The Vancouver-based miner, however, upgraded its 2015 production guidance to 710,000 ounces of gold.
Myanmar’s $31bn ‘secretive’ jade industry keeps fuelling rights abuses
Most of the profit goes to powerful military and ex-junta figures instead of the state coffers, a report reveals.
Sandvik to build $37M mining service hub in Canada
Facility consolidates cutting, parts and aftermarket services to support potash, uranium and hard-rock mining by late 2026.
