BHP’s South32 spinoff to cost $738m
Board proposes to give shareholders one share in the $12bn spin-off company for every BHP share owned, but the whole process comes with hefty fees.
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Molycorp tanking after wider loss
Better production numbers at its California mine couldn't stop the red ink at rare earth miner.
After Finland buy, fund seeks met coal, base metal mines
Former Anglo-exec running hedge fund's mining business wants to follow up Talvivaara nickel acquisition with zinc, nickel, copper and coking coal deals.
The APT GroundBreaker Division are Proud to Introduce the GoldMasta Sluice
The GoldMasta is a smart sluice that incorporates the latest technology to maximize GoldMasta1recoveries whilst also producing a high grade concentrate.
‘Zombie’ miners pulling down TSX Venture exchange
The plug should be pulled on these marginal junior miners, say investors.
PICS: Underground mine turned into modern office space
Companies begin to take up 5 million square feet of warehouse and office space available in converted limestone room-and-pillar mine near Kansas City called SubTropolis.
World’s biggest diamond producers and trade leaders to shine in Dubai
Executives from De Beers Group, Alrosa and Endiama to reveal how the New Silk Route from China across Africa to Dubai has transformed the global diamond trade.
Hedge funds cut bullish gold price bets 60% since January
"Managed money" speculators in gold futures slashed positions that prices will go up for six week in a row ahead of Wednesday's crucial Fed announcement.
This ‘perfect’ diamond could fetch up to $25 million in NYC next month
The gem, discovered a decade ago at one of De Beers mines in South Africa, is one of just five diamonds over 100 carats and of comparable quality to have been offered at an auction.