FLSmidth grabs a piece of Sandvik
The Danish equipment manufacturer has completed its acquisition of Sandvik Mining Systems’ projects business except for transfer of assets in South Africa.
Latest Stories
India’s NMDC joins the race for $9bn diamond project
Indian diamonds are known for their quality, particularly those from the ancient Golconda mines, famous for producing a rare kind of extremely clear gem.
Centerra Gold to buy AuRico Metals in $243m friendly deal
Producer offers 38.5% cash premium for AuRico Metals developing the Kemess gold and copper project in British Columbia, Canada.
31 Chinese cities with economies as big as countries
Gaining perspective on China’s monstrous economy isn’t always the easiest thing to do.
Glencore’s big Congolese bet carries plenty of risk
Journalists shed more light on Glencore's activities in Congo, including 2009 loan to entity affiliated with controversial Israeli billionaire Dan Gertler.
Canadian junior miners worth jumps for second year in a row
Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.
Congo mining output rises, central bank warns of inflation risk
Rising mining production should help ease some of the economic problems in Congo where inflation is expected to hit 48 percent this year.
Brazil regulator rejects Vale bid to change output target for railroad
Production goals for Vale's Carajas project, the world's largest open-air iron ore mine, are directly tied to cargo shipments on its railroad there, which carries output to Brazil's Ponta da Madeira port.
Operations resume at Buenaventura’s silver mine in Peru
Community protests had forced the firm to halt output at Uchucchacua last week.
