Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
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MINING.COM Staff Writer

Posts by MINING.COM Staff Writer:

Fortune Oil increases investment in Armenian iron ore mines

Fortune Oil has increased its investment in Armenian iron ore mines after amending an option agreement. In January, Fortune took a 35% equity interest in Bounty Resource Armenia, a company which controls three iron ore mines in Armenia, for $24m with an option to increase this holding to 50% for an additional investment of $16m. The option exercise consideration of $16 million will be financed from the company's existing cash reserves.
MINING.COM Staff Writer | June 14, 2011 | 6:32 pm
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AI and subsurface intelligence reshape mining

AI and subsurface intelligence are helping miners cut costs, reduce risk, and speed up critical mineral discovery and development.
MINING.COM Staff Writer | April 7, 2026 | 6:54 pm