World’s largest, newest diamond mine to inject $5.2bn into Canada’s economy
Gahcho Kué, co-owned by De Beers Canada and Mountain Province Diamonds, is also expected to provide 1,200 new jobs.
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US, China climate pact devastating for coal price
New study forecasts global thermal coal trade to shrink by 373 million tonnes per year, leading to minimum 30% fall in coal prices post 2020.
Near record China imports can’t hold up iron ore price
August shipments third best month on record as price slips to six-week low and BHP warns of new supply pushing prices down further.
China cargoes keep copper price positive
For the first eight months copper concentrate imports are up 35% at nearly 11 million tonnes.
African project funding slowly starting to improve: financial expert
Addressing today the second day of the three day Paydirt 2016 Africa Down Under mining conference in Perth Speaking on day two, Northcott Capital Managing Director, Mr Nick Martin, said to be successful in obtaining finance a company must adhere to three crucial platforms.
New NewCastle Gold CEO Gerald Panneton hits the ground running
n NewCastle’s Castle Mountain gold project, Panneton sees a large-scale, brown field, largely permitted resource in a leading jurisdiction that’s amenable to simple heap-leach mining, and can be brought back into production in the near term.
Three large miners that are still inexpensive
There are some positives.
Most of those roads and railways that China built were a waste, study
"A firm that systematically makes negative NPV investments will run itself aground."
Volvo first in the world with self-driving truck in underground mine
Using various sensors, it continuously monitors its surroundings and avoids both fixed and moving obstacles.
