The move comes amid an ongoing collapse in commodity prices.

Murray Energy plans to expand its footprint in the U.S. coal sector's other geographical hot spot with a major $1.40 billion investment in Illinois Basin-producer Foresight Energy LP.

From South America to Africa, mining companies are throwing all that and more at communities to quiet growing opposition to controversial projects.

Singapore-based IIa Technologies, the world leader in Grown Diamond technology, today announced the launch of the world’s largest diamond greenhouse, a 200,000 square foot, state-of-art facility that has successfully conceptualised and developed a revolutionary, commercially-viable diamond growing process for colourless, high quality, Type IIa diamonds.

In 2014, nine out of top 10 gold producers achieved significant reductions in all-in sustaining production costs, but average cash margin fell victim to bearish gold price.

Iron ore fell to a new 7-year low on Tuesday, but Guinea is pressing ahead with the auction of north Simandou, the richest undeveloped deposit in the world.

Once a $70 share, Molycorp investors on Tuesday were dumping holdings at 49c after cash burn rate showed maybe two quarters left without injection.

Mine safety, whether above or below ground, is the highest priority for all operators and maintaining a high standard requires considerable effort from all parties involved. This includes the manufacturers of equipment that forms part of the safety apparatus, requiring them to meet stringent performance criteria and successfully complete extended periods of testing.

The precious metal has lost over 8% so far this year.