June 7, 2016

Top miners squandered $200 billion during boom

Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.

June 7, 2016

US government expected to green-light first private Moon mission

An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.

June 7, 2016

Canadian mining giant dries up water resources in Mexico

Goldcorp, through its local subsidiary Peñasquito, is being singled out as the biggest water offender in the north-central Mexican state of Zacatecas.

June 6, 2016

Goldcorp and Teck plow ahead with new $3.5bn mine in Chile

The project, renamed NuevaUnion, would be one of the largest copper-gold-molybdenum mines ever-developed in Latin America.

June 6, 2016

Commodities storming back into bull market

Most analysts believe the commodities market has turned a corner and that prices are unlikely to return to lows seen in the past year.

June 5, 2016

Cyprium Mining finalizes rehabilitation of shaft #3 of the Potosi Silver Mine

The project, which began in February 2016, consisted in the rehabilitation and improvement of the extraction capability of shaft #3 as well as improvement of infrastructure, security and preparation of…

June 3, 2016

Tutankhamun had a dagger made of iron from meteorite

Scientists say the high manufacturing quality of the blade in comparison with other simple-shaped artefacts suggests a significant mastery of iron working in the Egyptian boy king's time.

June 2, 2016

Nevsun shares jump on Eritrean drilling results

$11 million regional drilling program defining Bisha camp in east Africa as a world-class multi-deposit volcanogenic massive sulphide district.

June 2, 2016

Caterpillar to present more than machines at MINExpo 2016

Caterpillar will support MINExpo 2016 with an exhibit showcasing machines, technology, expertise and practical knowledge that miners can apply to help address their cost, productivity and efficiency challenges in today’s…

June 2, 2016

Why technical analysis does not work for gold and silver

Michael Ballanger, a precious metals expert, says he believes technical charts were created by bullion bank traders to lull the "chartists" into a false sense of security.