Latest Stories
Poland may stop producing coal until at least 2018
The new government is considering to stop production at several of its mines until at least 2018 in an effort to help prices by reducing a global oversupply.
Immersive Technologies Announces Dedicated Learning Systems Business Unit
Immersive Technologies, the global leader in mining equipment simulators, has announced they are launching a dedicated Learning Systems business unit to service resource companies globally.
Collectors and connoisseurs shine at Rio Tinto’s Argyle Pink Diamonds Tender
The Argyle Pink Diamonds Tender, known as the ‘Connoisseurs Collection” weighing a total of 44.14 carats and including four Fancy Red diamonds, was internationally popular with winners from 11 countries.
Turkey approves environmental assessment for Centerra’s Oksut project
Construction of the gold mine, located in the south-central Kayseri province, should start in early 2016, followed by production by mid-2017.
Oil sands industry to remain under siege until 2020 on low crude prices
The gloomy outlook comes as the International Energy Agency predicts crude oil won't reach $80 a barrel until at least the end of the decade.
Bitcoin surges 55% in month – Chinese moving capital into bitcoin and gold
Bitcoin has been surging in value since mid October and gained more than 20% yesterday alone.
FLSmidth to supply key process technology for two greenfield gold projects
FLSmidth has been selected to supply key process technologies for two independent greenfield gold mines being built in West Africa and Canada.
Gold recovers, but still heading for third-straight year of losses
The last time the yellow metal dropped in value for three consecutive years was between 1996 and 1998, and experts say prices will fall even further.
