Cliffs picks site in Ohio for $700-million iron ore plant
Up to 130 jobs could be created in Ohio at a new iron ore processing facility to be operated by Cliffs Natural Resources (NYSE:CLF).
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Korean consortium bids for Australian iron-ore giant Arrium
A consortium of companies including Korean steel juggernaut POSCO has made a bid for Arrium, a major Australian iron ore miner and steelmaker.
More than 1,500 workers fired at Sibanye’s Cooke mine over strike
Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.
South Africa just hiked black ownership rules, miners getting crushed
The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.
De Beers sends world’s top diamond-searching ship to explore off coast of Namibia
Them mv SS Nujoma is the sixth diamond exploration vessel to join the fleet of Debmarine Namibia, a 50/50 joint venture between the government of that African country and De Beers.
Gemfields beats own ruby sales record at Singapore auction
It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.
Excelsior adds key permit to Arizona in-situ copper mine
Excelsior Mining (TSXV:MIN) investors have seen a stellar 2017, with the stock up 30% over the last month and 41.2% year to date.
Chilean mining minister responds to criticism over miners’ rescue
Two miners have been trapped for six days at the Delia mine, part of Canadian Mandalay Resources' Cerro Bayo complex
Nyrstar sells mothballed Mexican zinc mine for $20 million
Despite a hot zinc market, Switzerland-based Nyrstar (EBR:NYR) has unloaded another of its zinc mines, this time the Campo Morado mine in Mexico.