The World Gold Council unveiled today the long-awaited “exposure draft” of the so-called conflict-free gold standard, which aims to crack down on gold tainted by conflict and human rights violations, such as the ongoing supply coming from the rebel forces in the Democratic Republic of Congo.

"They need to clearly indicate to the market what their strategy around Olympic Dam is, around shale gas, all of these things, to return confidence that they're not spending huge amounts of capex for very low returns."

For the first time in 130 years, FLSmidth, a Denmark based, market-leading supplier of equipment and services to the global minerals and cement industries, has promoted a non-Dane to its executive leadership team.

Labrador Iron Mines Holdings Limited (TSX: LIM) is pleased to announce that it has received environmental approval and project release from the Government of Newfoundland and Labrador for its Houston iron ore mining project in Western Labrador.

A proposal for a large underground copper mine in Minnesota reached a milestone last week.

Bitumen is expensive to extract, upgrade and refine and cannot compete with the many new shale oil plays, which have pushed US production to its highest level in a decade.

A Port Hedland pub has banned patrons from wearing work uniforms due to rising tensions between the workers of rival Pilbara mining companies.

Today Energy minister Taner Yildiz said that South Korean companies were interested in establishing 5,000-6,000 MW coal-fired power plants in Turkey.

Japanese conglomerate Mitsubishi Corp will pay $81.25 million to acquire a 25% ownership in the Marathon PGM and copper project owned by Stillwater Mining.