Low diamond prices forces suspension of Nunavut mine
The reason that drove the company to stop looking for diamonds in its high-grade stockpiles last week was the “continuing weak world diamond prices."
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Continental Coal shares soar
Shares rose almost 20% in London on Monday over the news that the junior miner is poised to sell its South African thermal coal mining assets.
Afghanistan’s trillion-dollar mineral assets imperilled by corruption
Mining companies would give their eye teeth to exploit Afghanistan’s recently discovered $1 trillion of untapped mineral wealth, but analysts warn that corruption, war and lack of infrastructure are likely to keep delaying a mining boom in the country.
Partial truce reached at South Africa’s Lonmin mine
Platinum miner Lonmin's (LON:JSE) has signed an agreement to end a nearly four-week platinum-mine strike and return to Marikana mine by Monday, but key parties didn't participate, undermining the government-backed attempt put an end to a violent labour dispute that has left 44 people dead.
INFOGRAPHIC: Uses and demand for gold
The creative department at Visual Capitalist has come up with another infographic on gold. In this, the last of a three-part series, they show us how gold is used across the globe.
Paramount raises San Miguel gold project resources estimate by 547%
The new estimate reports 639,000 ounces of gold in the indicated category and another 830,000 ounces of gold classified as inferred.
South Africa’s economic outlook darkens over mining turmoil
The South African economy has struggled over the past few weeks as reports of unrest in the country’s mines drove down the equities of most local miners.
VIDEO: Join dust particles and learn how an industrial collector works from the inside
For anyone who has wondered how an industrial dust collector really works, this 3 minute 3D video "Clean Air Rocks" is for you.
Inmet Mining to make $112 million bid for Petaquilla Minerals
The Toronto-based company said the bid of 48 cents per share in cash represents a 37% premium at the close of Petaquilla's trading on the Toronto Stock Exchange.
Anti-mining protests take a toll on Peru’s foreign investment
Instead of the lauded $6 billion in mining invested forecasted for 2013 earlier this year, SNMPE says the country’s sector will attract about $4 billion.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.