How depressing is Australia’s official 2013 iron ore and coking coal chart
Australia's Bureau of Resources and Energy Economics don't buy recent iron ore and coking coal rallies.
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Nautilus Minerals plumbs new depths, comes up smelling of roses
Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.
Rio Tinto bets on India to revive its ailing diamond business
Mining giant Rio Tinto has decided to target the Indian marriage gifting market with its “Nazrana” brand of gem-based jewellery in an effort to boost its depressed division.
Greenland – The next mining destination
Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence provider.
Centerra Gold Boroo mine in Mongolia resumes heap leach operations
Canadian Centerra Gold said Wednesday that its Boroo open-pit gold mine, located in Mongolia, has received regulatory approval for its heap leach facility, allowing the company to resume operations at the plant.
Gold sector to see a rise in mining acquisitions
Goldcorp, one of the top producers of the precious metal, expects mergers and acquisitions in the sector to increase in the coming months.
Tahoe reports civil unrest from outsiders at its Guatemala’s Escobal silver mine
Vancouver-based Tahoe Resources Inc. said Wednesday construction activities on the power line for the Escobal silver project in Guatemala were disrupted by a mob intent on forcing the company to end construction.
Canada’s B2Gold to lead $1.1 billion merger with CGA Mining
Latin American-focused Canadian miner B2Gold said Wednesday it will buy CGA Mining for $1.1 billion to gain access to the Masbate mine, the largest operating gold project in the Philippines.
Chile and Peru join forces to bring back foreign mining investment
They don’t often see eye-to-eye, but representatives of the Chilean and Peruvian governments have agreed to work together to attract declining investment to their copper mining sectors, and also increase their respective production.
