Selling pressure pushes gold prices down in India
Gold prices in India have been sliding all week, falling below the crucial $531.66 per 10 grams level for the first time in six weeks in New Delhi on Friday.
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Atlas Copco broadens offering for mining and tunnelling with GIA acquisition
Major mining equipment manufacturer, Atlas Copco, is broadening its range through the acquisition of mining and tunnelling equipment specialist, GIA Industri.
New tailings treatment plant for Svappavaara iron ore
Metallurgical specialist technology company Outotec has been awarded a tailings treatment package for the old Svappavaara iron ore mine in northern Sweden.
Peru to lift state of emergency imposed to quell Conga protests
The country has decided to lift the state of emergency in the northern region of Cajamarca and reopen negotiations with protestors opposed to Newmont's $4.8bn Conga mine
Canada ranks 5th in the world for coal reserves
Canada is sitting on nearly 4% of the world's coal resources, with at least 80 billion tonnes of exploitable coal and 8 billion tonnes classified as commercially feasible under today's conditions.
Caterpillar begins transition of Bucyrus distribution business to its dealers
Caterpillar has announced that the Industrial Division of Sime Darby Berhad has acquired a portion of the former Bucyrus distribution business, which was included in Caterpillar's purchase of Bucyrus.
South African court rules $89 million stake in iron ore mine wrongly awarded
A South African court has ruled that the Department of Mineral Resources wrongly awarded prospecting rights to the Sishen iron ore mine to Imperial Crown Trading 289 (ICT).
Putin’s plan for world dominance: oppose hydraulic fracturing
At a news conference in early November, Overheard reports that Vladimir Putin became quite critical of hydraulic fracturing claiming that the practice causes too much damage to the environment.
Rambler pours first gold from Ming mine in Newfoundland/Labrador
Rambler Metals and Mining plc (CVE:RAB, LON:RMM) enjoyed a 2.5% bump in its stock price Thursday on news that the Toronto and London-listed company has poured the first gold from its Ming Copper-Gold Mine in Newfoundland/Labrador, Canada.
