24k gold mountain bike on sale for ‘only’ $1 million
It boasts 600 black diamonds, 500 golden sapphires and an alligator skin seat, among other extravagant components.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
China’s Baosteel faces competition in bid for Aquila Resources
Mineral Resources, which also operates small iron ore mines, now owns a 12% stake in Aquila.
Chile says no to $8bn hydroelectric project in Patagonia
The world’s top copper producer, however, is energy-starved, which has begun affecting the competitiveness of its mining sector and cramping economic growth.
Asteroids mined for fuel to generate trillion dollar market, says firm
Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.
BHP Billiton a step closer to selling-off non-core operations
World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.
‘Blood diamond’ monitoring to remain focus on conflict-torn regions
The newly elected president of the World Diamond Council is not in favour of expanding the scope of the Kimberley Process scheme beyond conflict zones.
BHP’s Mount Arthur coal mine evacuated on bomb threat
The incident comes on the heels of jobs reductions announced last week, which affected about 50 contractors.
Germany to resume fracking by 2015 under tougher environmental norms
After a two-year moratorium,, Germany is ready to allow fracking and so reduce the country's dependency on Russian energy.
Copper nanowire coating to make smartphone screens shatterproof
The unbreakable touchscreen film is stronger, more conductive and cheaper than the ones currently used by phone and tablets makers.
Fresh job cuts at Rio’s Rossing Uranium mine in Namibia
This is not the first time Rio Tinto axes jobs at this mine. In 2013, it sacked 276 workers, following losses on reduced demand for the metal.
Diamond slump pushes Botswana to broaden mining base
Botswana is stepping up exploration beyond diamonds as weak prices and lab-grown rivals expose risks of reliance.
