Devastating cost of illegal mining in Peru higher than ever thought: government
About 40,000 hectares of Amazonic forest, not 18,000 as the government thought, has been destroyed by illegal mining in Peru.
Latest Stories
Five men trapped in China mine flood
Rescuers had not located the workers by early morning Monday.
Murder investigation sends Aussie police down abandoned mine shaft
"Our investigators have worked tirelessly to determine exactly what happened to Mr Russell."
Glencore considers $3 billion iron ore mine in Congo
The $3 billion estimate is down from an initial $7.4 billion.
New AISC measure of gold production costs gaining momentum
"The economics of gold mining have not been as well understood as they could be by a broad range of people including governments, communities and even employees."
Summers drops out of Fed race. Gold jumps 2%
Janet Yellen, now the clear frontrunner, is considered the main architect of the Fed's quantitative easing program under which gold has gained 60%.
Mongolia opens new door to world’s richest coking coal fields
Mongolia is offering infrastructure companies ways to swap investments for equity in 6.4 billion tonne Tavan Tolgoi met coal deposit.
Mine collapse kills 28 in north Afghanistan
A coal mine in a remote area of Samangan province collapsed on Saturday after a gas explosion.
Billionaire miner Robert Friedland sounds off
"We’re much closer to the bottom of this cycle than you imagine. This is not the end of the super-cycle."