World’s largest platinum mine to remain shut for months on S. Africa strike
Impala Platinum (Implats) has lost about 246,000 ounces of production of the metal since the strike started,
Cecilia Jamasmie , Editor-in-Chief
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Vale fires 500 coal miners in Australia, shuts down operations
Vale says mines are not economically feasible under current market conditions.
India raises gold, silver import tax again
The import tariff value of gold stands now at $424 per 10 grams of bullion and $650 per kg of silver.
Christie’s sets all-time auction record with ‘The Blue’: $24 million
The 13.22 carats pear-shaped precious gem has been rechristened as the "Winston Blue."
Chile’s Bachelet likely to name new Codelco chief next week
The announcement could come anytime before May 21, when the President is scheduled to address the nation.
Ivanhoe studies options for African projects facing funding crunch, shares plunge
The Kamoa and Kipushi projects make up 83% of the Ivanhoe's net asset value.
Mining deals in Canada plunge 51%, but light at end of tunnel getting brighter
Canadian mining and metals deals plunged 51% in terms of value and 13% when it comes to volume in the first quarter of 2014. Yet results show a sustained improvement, says EY's latest report.
Turkey mine explosion: Grief, anger, violence mount as death toll climbs
Attempts to rescue trapped miners after a fire in a Turkish mine continue Thursday morning after a break of four hours. So far there are at least 282 people dead and 142 remain unaccounted for.
China burning and consuming most of the world’s coal
It accounts for 46% of the coal produced globally and consumes as much per year as s the rest of the world combined.
Silver demand reached record high in 2013, prices jump
July silver rose 1.3%, to $19.80 following a positive report by the Silver Institute and the London Silver Market Fixing's announcement that it will end price fixing on Aug. 14.
Coal demand hits fresh high as US output rises — IEA
Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak.
