New Gold’s Rainy River project gets key environmental nod
The Canadian Environmental Assessment Agency and the Ontario Ministry of Environment and Climate Change have separately okayed the project.
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Commodity slump forces BC Iron to quit Brazilian project, revalue mines
The Australian junior iron ore producer is also studying whether it needs to write down the value of any assets ahead of next month’s half-year result.
BHP axing up to 300 Olympic Dam jobs
The decision caps off a dreadful month for South Australia’s mining sector.
Mineral Exploration Roundup Conference a Success
6,700 participants from 35 countries.
‘Resounding bearishness’ grips iron ore market
The iron ore price fell again on Thursday losing nearly 6% in four days and falling to a fresh five-and-a-half year low within shouting distance of $60.
Consensus forecast 2015 gold price average: DOWN
Of 35 analysts polled by the London Bullion Market Association Ross Norman of Sharps Pixley is most bullish at $1,321, but 5 others see a dip below $1,000.
Russia’s Alrosa output jumps 8%, but sees moderate growth this year
The miner also said it aims to increase sales by 1% percent in 2015, taking advantage of rising production and using offtake from its stock.
Gold price falls out bed
Gold down nearly 3% as eurozone troubles fade from headlines and focus shifts to US fundamentals, rampant dollar and a likely June rise in interest rates.
Here is how metal-eating bacteria may make asteroid mining profitable
The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.
