Copper producer jumps 30% on takeover offer
Aditya Birla Minerals (ASX:ABY), headquartered in India, closed up 30.56% Friday.
Latest Stories
Two Aussie mines start moving all their iron ore with driverless trucks
Automated trucks at Rio Tinto's Yandicoogina and Nammuldi mines are being controlled through an operations centre in Perth 1,200 kilometres away.
Platinum price: VW taketh away, Toyota giveth
Platinum price up 14% in two weeks gets further boost as Toyota unveils big push into fuel cell cars where PGM loadings are typically 7 times higher.
Diamonds could help spot early stage cancers
Australian researchers have found a way to use diamonds to act as beacons in magnetic resonance imaging (MRI) scans and identify cancerous tumours before they become life-threatening.
Immersive Technologies Expands Equipment Simulator Footprint in India
Thriveni Earthmovers, a fast growing Indian mining service provider, has advanced their training program with the introduction of PRO3-B Advanced Equipment Simulators from Immersive Technologies.
Randgold to exceed 2015 output target from Kibali, wants new licence in Congo
The mine produced 526,627 ounces in its first full year of operation in 2014, and was expected to yield 600,000 ounces this year.
Rare earth producers say illegal mining in China responsible for low prices
As a result, all rare earths producers inside and outside China are facing extremely challenging conditions, say insiders.
Why gold ain’t goin’ anywhere anytime soon
The price of gold has been range-bound from the low $1200s to the upper $1000s per ounce since early February of 2015.
Miners need to invest $150bn to avoid looming supply shortages
According to research house Wood Mackenzie, the need for investment is becoming desperate in zinc and lead and will be a major issue in the copper sector in the next few years.
