Indonesia, Freeport said to near new deal for Grasberg mine
Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group’s joint venture interest in Grasberg by March.
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BC government rejects Ajax mine
"Adverse effects of the Ajax project outweighed the potential benefits."
Canadian diamond producer dealing with water issues in South Africa
"The lower number of carats tendered and sold is attributable to a reduction in the volume of material being processed," the company revealed.
Indian captive power plants running at half capacity due to coal shortage
The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.
Kazakhstan’s largest iron ore company now has a smart mine
With a $10 million investment, the Kacharsky mine is being transformed into a smart mine.
Finning signs $185m contract with Lundin
Under the contract with Lundin, Finning will supply 70 pieces of heavy mining vehicles and machinery for Lundin’s mine complex in Chile.
Santa is putting Christmas on the blockchain and saving billions
This Christmas, there is so much more that you know about, as Santa straps on today’s hottest new technological advancement: The blockchain.
What to expect for gold in 2018
John Reade, Chief Market Strategist at the World Gold Council, explains several reasons to believe that gold could maintain an upward trajectory.
Bitcoin points way to `massive change’ for commodity trading
Blockchain upending world’s financial markets with rise of bitcoin, and now the digital-ledger system is poised to do the same next year for raw materials.
