1.5 million carats on the block at Zimbabwe diamond auction
Up to 1.5 million carats worth of diamonds are being auctioned this week by companies allowed to mine the controversial Marange diamond fields in Zimbabwe.
Latest Stories
Hellenic Copper utilising Hitachi fleet in Cyprus
Two large Hitachi excavators are bringing advanced technology to an ancient copper mine in Cyprus. The ZX870LCR-3 and ZX470LCH-3 have been working at the site, which dates back more than 4,000 years, since early 2011. Cyprus was the main source for the...
Russian Railways to build $1.7 bln coal line in Indonesia – govt
Russia's state railway firm Russian Railways plans to build a train line to transport coal in Indonesia's East Kalimantan province on Borneo island, with $1.7 billion of investment for a first phase due to be operating by 2017, Indonesia's government said on Tuesday.
Centerra Gold Kumtor Mine work stoppage
TORONTO, CANADA--(Marketwire - Feb. 6, 2012) - Centerra Gold Inc. (TSX:CG) announced that the unionized employees of its Kumtor operation in the Kyrgyz Republic have begun an illegal strike.
Downer awarded $570 million mining contract
Downer EDI Limited (Downer) today announced it has been awarded a six year magnetite mining contract with Karara Mining Limited (KML) for the provision of services at the Karara Iron Ore Project in Western Australia.
Canadian Orebodies outlines 230m tonnes iron ore at Nunavut property
The Haig Inlet Iron Ore Project contains 230 million tonnes of iron ore at 35.17% iron, a new resource estimate shows.
EMED Mining jumps 15% as Chinese company backs Rio Tinto mine restart with $30 million financing
EMED Mining (LON:EMED) climbed 14.88% today on news that the company has reached a $30 million funding arrangement with a new Chinese offtake partner respecting its Rio Tinto copper mine in Spain.
South Africa says no to mines nationalization
The South African government has quashed persistent rumours about nationalizing the country's mining industry.
Twenty years of drilling for a glimpse of life before mankind existed
Russian scientists, working 24-hours a day in extreme Antarctic conditions, broke through four-kilometres of ice on Monday to reach Lake Vostok, a body of water that has been covered by ice for over 20 million years.
