Mining exploration spending in Australia jumps to 5-year high
Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
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Asia Gold-Price dip lends lustre, India buying robust ahead of festivals
In India, the world's second-biggest consumer of the metal after China, gold futures rose to 30,700 rupees per 10 grams on Thursday, a peak since July 9.
Danakali banks on new investor mood to fund Eritrean mine
Fertiliser miner Danakali aims to raise $322 million this year to develop giant potash reserves in Eritrea.
Giant diamonds has been mining’s one success story this year
This summer’s crash in commodity prices is turning it into a year to forget for miners. Unless you dig the world’s biggest diamonds.
Perth Mint unveils Australia’s most expensive gold-diamond coin
Made of 99.99 percent pure gold, the coin features four rare Argyle pink and purplish-pink diamonds. The largest is 1.02 carat.
Tahoe resumes operations in Peru after protesters agree to talks
The Canadian miner expects annual production from La Arena mine to be near the low end of its forecast 160,000 to 185,000 ounces of gold.
Lundin gives up on Nevsun after Zijin’s $1.41 billion offer
Toronto-based miner said it doesn’t intend to amend any of the terms of its bid for Nevsun, but noted it would continue to pursue strategic growth opportunities.
Canada’s Nova Scotia: Worth a second look
Success breeds success and there is a great deal of exploration activity taking place in the Atlantic Canada province these days.
Luxembourg’s mining-focused Space Agency ready to lift off
Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.
