Why tunnel boring machines are named after women
Because the patron saint of mining is a woman.
Latest Stories
Junior miners: Doom, gloom or boom?
Since the end of the “flash crash” that hit markets on August 24, when the Dow dropped 1,100 points in the first five minutes of trading, miners have been up.
Bad News Is Good News. For Now.
Since the last issue the “optimistic scenario” has been the clear winner.
Sandvik signs global distribution agreement for underground mining support equipment
Sandvik Mining and Getman Corporation have entered into a global distribution agreement under which Sandvik Mining will be the exclusive global distributor of Getman's products (with exception of a few geographies).
Goldcorp shares are being decimated
World's most valuable gold mining company disappoints with big loss despite 42% jump in ounces mined.
Liquidation time for Venezuela (and its gold)
Crisis-hit Venezuela has $3.5 billion in debt payments due within 10 days (and $12 billion in 2016) and really only its gold bullion reserves to pay for it.
Gold price on knife edge after post-Fed fall
Spooked by Federal Reserve's hawkish stance, hedge funds start liquidating 345 tonnes worth of bullish gold futures positions.
Myanmar’s $31bn ‘secretive’ jade industry keeps fuelling rights abuses
Most of the profit goes to powerful military and ex-junta figures instead of the state coffers, a report reveals.
Mining industry value drops below one trillion dollars
In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.
