Alrosa’s move may ‘rescue’ Indian diamond sector
Alrosa announced this week that it sold rough diamonds to the Russian state gem repository Gokhran for the first time in three years.
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Tragedy at Lonmin scaring investors in South Africa
The actual strike isn’t a deterrent to investors. But certainly the inability to get it under control will be of concern, particularly as this is now the third platinum mine that has seen conflict resulting in deaths this year.
Glasenberg won’t budge on Xstrata
Glasenberg’s determination to continue with the offer as originally planned comes amid growing signs that Xstrata is more confident of its position on a stand-alone basis.
First Karnataka iron ore mine restarts, but export ban stays
The restart of iron ore mining in Karnataka amid multi-year low prices for the commodity is not seen to impact the global seaborne trade in the near-term.
Watpac Civil & Mining chooses Hitachi Construction Machinery Australia at Tutunap South Mineral Sands
Hitachi Construction Australia is at the forefront of Australia’s mining industry where it continues to supply the market with innovative and cutting-edge machinery of the highest quality standards.
‘Coal’ TV show mine owner sued over royalties
Encoal Energy and Gopher Land Services says Canadian-owned Cobalt Coal stopped paying in May, but "was still actively mining as of this week and is now effectively trespassing because Gopher owns the land where the mine portal is located".
Lonmin now seeks $1 billion rights offer backed by Xstrata
The news follows the closure of Lonmin's Marikana mine in the NorthWest province of South Africa after clashes between rival unions and police left 44 dead.
Exclusive Analysis: Platinum violence could spread to South Africa’s coal, iron mines – gold safe for now
More than just rivalry between unions, the platinum mine violence in South Africa has implications for the ruling ANC alliance.
$2,000 gold will soon kickstart mining shares
The lack of excitement haunting the precious metals and mining shares markets over the past year is expected to change in the next few months, says Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon.
