Wesdome discovers new Falcon zone at Eagle River mine
Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole and 18.5 grams gold over 5.8 metres from 170 metres downhole.
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Hitachi’s new EX-7 mining excavators provide next-level fuel efficiency
Within the EX2600-7 and EX5600-7, Hitachi’s Fuel Consumption Optimization (FCO) technologies can reduce fuel consumption up to 8-10% versus the previous models.
Diamond trading on the open exchange moves closer
The U.K.’s financial regulator has authorized U2 Diamond Prices Ltd. as a benchmark administrator, joining firms such as FTSE International Ltd. and ICE Benchmark Administration Ltd.
Uganda seeks again to redevelop defunct Kilembe copper mine
The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore.
Wildcatters of the prairies get big boost from Alberta oil cuts
One group of Canadian oil producers is gaining from the output cuts imposed by Alberta: the small explorers.
Plan to mine the moon gives Australia opening in new space era
Australia is joining the growing number of nations looking to compete in space. Its advantage? Half the country already looks like Mars.
Glencore, Tohoku Electric set coal contract price at $94.75/T
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14% lower than a price agreed for the year through September this year.
Fortescue OKs $2.6B expansion of Iron Bridge magnetite project
The announcement follows the company's commitment to build the $1.3 billion Eliwana iron ore mine last year.
Iron ore prices shift structurally higher on Vale woes
Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.