Glencore snatches Rio’s Australian coal mine in $1.7bn deal The acquisition includes Rio Tinto’s 82% stake in Hail Creek coal mine and its 71.2 % interest in the Valeria project. Cecilia Jamasmie | March 20, 2018 | 3:25 am
France’s Michelin bids for UK’s Fenner in $1.7 billion mining move Michelin has agreed to buy Fenner for 1.2 billion pounds to increase its offering for mining clients and expand its engineered materials business. Reuters | March 19, 2018 | 3:11 pm
Canada’s Capstone Mining says a worker died at Mexican mine Operations, which were temporarily suspended on Sunday, have since resumed, excluding the immediate area of the accident, the copper miner said. Reuters | March 19, 2018 | 2:27 pm
This Rio sale may be more than Australia can swallow: Gadfly Rio Tinto has hired UBS AG to explore a possible initial public offering on the Australian Securities Exchange after planned trade sales came up short. Bloomberg Opinion | March 19, 2018 | 2:13 pm
The price of lab-created diamonds continues to fall The discount of gem-quality lab-created diamonds relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today. Paul Zimnisky | March 19, 2018 | 12:36 pm
Marijuana is the new gold as former Canada miners go to pot Turns out, it may be easier to strike gold by growing green. Bloomberg News | March 19, 2018 | 12:15 pm
Swiss seize bank accounts amid probe linked to Rio Tinto Mongolia mine The Swiss attorney general’s office launched its probe in 2016, court documents show. Reuters | March 19, 2018 | 11:58 am
Chile preparing new law to lure foreign investment: media Pinera’s government has vowed to reactivate $50 billion in mining investments that it says have been held back by red tape. Reuters | March 19, 2018 | 11:38 am
Total Eren targets Africa’s power-starved mining sector Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso. Reuters | March 19, 2018 | 11:03 am