July 4, 2016 Iron ore surges past $55 as Rio Tinto exits Simandou The price increase comes as iron ore major Rio Tinto decided to put its Simandou project in Guinea on ice due to the iron ore glut that is keeping a…
July 4, 2016 Global mining equipment market to reach $156 billion by 2022 — report Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
July 1, 2016 Petra sells 121.2- carat diamond for $6 million It was found at Petra's Cullinan mine in South Africa, which has yielded several massive gems, including the largest rough gem diamond ever discovered.
July 1, 2016 Australia’s uranium polluting the Antarctic — scientists Australia has about 40% of the world's uranium reserves and exports nearly 7,000 tonnes of yellow cake annually.
July 1, 2016 Botswana’s economy needs more than diamonds to shine The history of the diamond industry in Africa has been fraught with worker exploitation, environmental destruction, government corruption and squandering of revenues.
June 30, 2016 Endeavour holds groundbreaking ceremony to mark the start of Hounde construction with President of Burkina Faso The ceremony celebrated an important milestone for both Endeavour and the government of Burkina Faso, as Hounde is expected to become the Company's flagship low-cost mine and a prominent mine…
June 29, 2016 AngloGold investing $400 million in Guinea World's number three producer owns the 300,000 ounce per year Siguiri mine in the west African country.
June 29, 2016 Despite the hype world’s second-largest diamond ever found fails to sell Canada's Lucara Diamond, the company that found the massive gem, said it will keep it as bids fell short of the minimum reserve price.
June 29, 2016 Kinross eyes expansions at its new gold mines in Nevada Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, seeks to strengthen its portfolio in North America.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
