MINING.COM

Replenishing economic diamond resources, a daunting task for miners

Given that most of the high-economic diamond deposits in the world have already been put into production, diluted via expansion, or depleted, going forward the economics of diamond mines will inevitably gravitate towards higher-cost, lower-value operations.

Paul Zimnisky | August 1, 2018 | 1:35 pm

Imperial testing driverless oilsands haulers at Kearl

Imperial Oil says it has commenced and is ready to expand field testing of driverless oilsands heavy haulers.

JWN Energy | August 1, 2018 | 12:49 pm

Randgold Resources’ Mali mine granted four-year, 50% tax concession

Mali's government has granted Randgold Resources a 50% corporate tax reduction for the next 4 years at its Gounkoto mine.

Reuters | August 1, 2018 | 11:21 am

EU regulators say Aurubis, Wieland copper deal may curb competition

EU antitrust regulators on Wednesday voiced concerns about German Wieland's bid for copper smelter Aurubis' flat-rolled products business, saying the deal may hurt competition.

Reuters | August 1, 2018 | 10:53 am

LME to trial electronic closing prices for nickel next year

The London Metal Exchange (LME) launched on Wednesday a consultation to trial in the first quarter of next year the use of its electronic system to determine closing prices of the three-month nickel contract instead of open outcry.

Reuters | August 1, 2018 | 10:20 am

Chilean workers vote to strike at world’s biggest copper mine

Workers at BHP Billiton Ltd's Escondida mine in Chile, the world's biggest copper mine, have voted to reject a company wage offer and go on strike.

Reuters | August 1, 2018 | 10:19 am

Killed Russian journalists said to have been working on story involving mining in CAR

They were said to be investigating a private Russian security company operating in CAR as well as Russia’s interests in the local diamond, gold and uranium sectors.

Cecilia Jamasmie | August 1, 2018 | 7:48 am

Rare blue diamonds may be Earth’s deepest secret

The Hope Diamond, a rare blue diamond that is one of the world's most famous jewels, has had a complicated history, passing through the hands of monarchs and bankers and heiresses and thieves. The geological history of blue diamonds is even more complex.

Reuters | August 1, 2018 | 5:23 am

Rio Tinto down despite $7.2bn cash return to investors

Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.

Cecilia Jamasmie | August 1, 2018 | 3:46 am

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