Gold revenue grows while gross profit shrinks.

They would be going for the northern portion of the massive iron ore deposit, seized from Israeli billionaire Beny Steinmetz and mining giant Vale in April.

The143-kilometre seawater pipeline is operational

The Finnish steel producer Ruukki Metals is converting its blast furnaces at the Raahe site in Finland from oil injectors to more cost-efficient Pulverized Coal Injection (PCI). The new injection system is supplied by Claudius Peters Projects GmbH and two LOESCHE mills LM 23.2 D will be installed to handle the coal grinding.

Leading provider of intuitive software solutions and services to the international mining sector, MICROMINE, is exhibiting at this year’s Diggers and Dealers Forum, 4 - 6 August, Kalgoorlie, Western Australia.

The plan is to announce a third-party administrator by the end of September.

Decision comes on the heels of a finished inventory of permits, which aimed to clean up the sector.

Nuclear energy production and waste disposal remain under a ban.

Vancouver-based company drives all-in costs down to $852/oz and also beats expectations with $1.1 billion in quarterly revenue.