Metso has started a global efficiency program covering its continuing operations following the demerger. The program is designed to improve Metso's cost structure and operational efficiency and is expected to yield annual savings of around EUR 100 million in operational costs by the end of 2015.

A paper presented at the 45th Annual Canadian Mineral Processors Operators Conference in Ottoawa Canada this year has received the 2013 CEEC Medal. C. Wang, S. Nadolski, O. Mejia, J. Drozdiak, B. Klein co-authored the paper titled “Energy and Cost Comparisons of HPGR based circuits with the SABC circuit installed at the Huckleberry Mine”.

Despite this year's financial woes, companies continued exploring in as many as 127 countries, especially on high- or medium-risk jurisdictions.

The gold giant is deferring spending and suspending all exploration activity at the Cerro Negro project.

Seven months earlier than expected.

China's Minmetals finds IOC too pricey at $3.5 billion according to a new report.

Company has increased production forecast for the year.

"Currently no need is felt for production of 20 per cent-enriched uranium."

Hong Kong Stock exchange purchased the LME for $2.2 billion in 2012, hoping to set up warehouses on the mainland.