Divers find ‘priceless’ hoard of Arab gold coins
The sunken treasure includes coins of various denominations and sizes from the period of the Fatimid Caliphate, a Muslim dynasty.
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Queensland coal ports batten down the hatches
Three coal export facilities in Queensland have suspended ship-loading operations due to the approach of a Category 3 cyclone, Platts has just reported. They include Dalrymple Bay, Hay Point and Gladstone.
Newmont cheers gold mining investors
What? No writedowns and $1.5 billion operating cashflow?
Vale smashes iron ore production record
Brazil’s Vale (NYSE:VALE), the world’s largest producer of iron ore, continued to flood the market with product in 2014 despite sharply lower prices.
Goldcorp stock is being ripped apart
$2.3 billion charge against Cerro Negro mine in Argentina one writedown too many for battered investors.
Caterpillar mining sales down 27% worldwide in January
Latin American down the most.
Why oil prices must go up
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.
Maptek re-launches open pit scheduler as Maptek Evolution
Mining solutions developer Maptek has re-launched the open pit scheduler which it acquired from Orelogy in 2014, as Maptek Evolution.
SSEF inaugurates new state-of-the-art laboratory in Basel, enabling massive expansion of research, education and grading services
The Swiss Gemmological Institute (SSEF), one of the world's most respected gem research, education and grading institutions, has inaugurated a state-of-the-art laboratory in Basel, more than doubling the size of its previous facility and enabling a massive expansion of the services it has provided the gemstone, jewellery and watch industries for more than 40 years.
