June 15, 2016 China’s exhausting its gold reserves at 5 times the global rate New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.
June 14, 2016 Egypt ancient gold mines offer clues on country’s untapped vast mineral deposits The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.
June 13, 2016 Luxembourg invests heavily in space mining First time a country partners with privates to boost the development of the industry.
June 9, 2016 Chinese miners eye Glencore’s Kazakh gold operation Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.
June 8, 2016 Study of private investors shows how risky mining can be For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.
June 7, 2016 2016 metals, mining outlook darkens World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.
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 3, 2016 Zinc posts longest streak of gains in two years “There’s a lot of bullish things going for zinc, copper, aluminum -- all the stuff used in durable goods"
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.
ERG signs long-term gallium supply deal with Mitsubishi Kazakhstan, which currently produces no gallium, is set to become the world's second-largest producer. December 20, 2025 | 08:34 am
