Swedish miner begins massive relocation of whole city
While some residents of Kiruna have moved already, the first of the town’s historic buildings has just been hoisted up on a truck and transported to its new location.
Latest Stories
Super power: Are rechargeable batteries transforming the mining sector?
There are signs of resurgence in the mining industry, driven in large part by the boom in storage technology.
Anglo Asian Mining back in the black as copper output doubles
Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.
Yancoal seeks expansion in Hunter Valley with $710m bid for Mitsubishi’s mines
Company wants to become Australia’s largest independent coal producer.
De Beers’ Forevermark brand inscribes its 2 millionth diamond
The a 3.48 carat round brilliant, mined, cut and polished in Namibia, that now bears a ‘2,000,000’ imprinting.
Silver price: Hedge funds and retail investors part ways
Large scale futures speculators cut bullish bets on a rising silver price to a 16-month low while silver ETF investors gorge on metal at bargain prices.
Iron ore price drops to 7-month low
Chinese stockpiles at new record high and sovereign debt downgrade worry investors.
CEO sees little chance of Samarco restart in 2017
30m tonnes per year operation jointly owned by BHP and Vale shuttered since November 2015 following dam burst.
Workers block access to First Majestic’s La Encantada mine in Mexico
Company said blockade was in response to a recently announced bonus offer in lieu of profit sharing.
