Germany and Kazakhstan ink $4 billion rare earths deal
A $4 billion rare earths deal signed this week between Germany and Kazakhstan is being criticized by human rights groups.
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Iron ore fundamentals just got better: India exports set to drop another 35% this year
Down from 100 million tonnes in 2010, India's minerals industry federation forecasts only 40 million tonnes will be shipped over the next 12 months.
Golden age for Newcrest as it rakes in net profits at a rate of $110 million per month
When asked if shareholders could be rewarded with a special dividend Newcrest chief executive Greg Robinson said such a move was ''always on the cards'' in times of plenty.
De Beers expects dull year for diamonds despite sales increase of 27%
Diamond demand will slow down significantly in 2012 said today De Beers SA, the world’s largest supplier of rough diamonds, due largely to the weak global economy.
DiamondCorp walks away from its Botswana kimberlite project
DiamondCorp (LON:DCP), the African diamond mine development and exploration company, will not proceed with further exploration in Botswana due to the recovery of low grades in the area, announced the company today.
Two nuclear reactors approved in Georgia, the first since Disco Era
The last time a nuclear reactor was approved in the state of Georgia, Jimmy Carter was ensconced in the White House and the Bee Gees had three of the top 10 hits on the Billboard charts.
Inmet fourth-quarter profit slumps by a third
Canadian copper-zinc producer Inmet Mining earned a third less profit in the fourth quarter than the same period a year ago.
Norilsk to open 40,000 t/y nickel project in Australia
Nickel major Norilsk is preparing to start its Honeymoon Well project, in Western Australia, following positive studies completed in 2011, director of overseas operations Roman Panov said this week.
Allied Nevada signs major new order with FLSmidth
FLSmidth has been awarded a contract worth approximately $82 million from the company Allied Nevada Gold to supply equipment and services for its major Hycroft gold mine expansion.