July 18, 2017

Rio’s revised iron ore guidance pushes price to three-month high

From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.

July 18, 2017

Coal mine sold for less than $1 reopens, to reach full production by year-end

Blair Athol thermal coal mine, located in Queensland, Australia, had been closed since 2012 when former owner Rio Tinto shut down operations after almost 30 years of production.

July 18, 2017

Rio Tinto axes iron ore export forecast for the year

It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.

July 17, 2017

Botswana Diamonds jumps on prospecting licence expansion

Vutomi licences were extended into additional area of mineralization adjacent to the firm’s Frischgewaagt project in South Africa.

July 14, 2017

North Korea ban lifts coking coal price

Met coal hits 2-month high Friday as Chinese imports of steelmaking coal from totalitarian state drops 75% during first half of the year.

July 14, 2017

Botswana Diamonds soars on lucky find at South Africa’s Ontevreden

The company identified a group 2 kimberlite pipe in an area known by its high-grade diamonds.

July 14, 2017

South Africa halts new black ownership rules for mines

The suspension follows a pending a judgement in an urgent interdict application by the country's Chamber of Mines.

July 13, 2017

Coal mine crackdown dims prospects for Mongolia’s fortune seekers

Working 50 metres (164 feet) under ground with minimal air supply, Uuganbaatar is one of thousands of Mongolians trying to make a living digging for coal.

July 13, 2017

Forecasts for uranium price all point up

Uranium improved to an 8-week high this week, but consensus forecasts are for a 35% rise over the next 12 months.

July 13, 2017

Luxembourg becomes first European country to pass space mining law

The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.