August 28, 2017

India launches world’s first diamond futures exchange

The Indian Commodity Exchange Limited (ICEX) will start trading in 1 carat/100 cent contracts, to later add 50 cent and 30 cent contracts.

August 28, 2017

Glencore to offload second coal mine in Australia in less than three months

Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.

August 27, 2017

China to shut 6,000 non-coal mines by 2020 to improve safety

China will shut 6,000 non-coal mines in an effort to reduce mining accidents and deaths by 2020, the State Administration of Work Safety said in a five-year plan.

August 25, 2017

Philippines to expand mining ban to watershed areas, ore exports

In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.

August 24, 2017

Indian miners risk death for granite tiles and kitchens, report says

Six out of 10 labourers toiling in southern Indian quarries for granite for tiles, fireplaces and kitchen counters around the world are working in dangerous conditions to repay huge loans,…

August 22, 2017

Iron ore nears $80 a tonne

Prices for the steelmaking material have increased almost 50% since its 2017 lows.

August 21, 2017

Copper price rallies after Grasberg violence

Copper above $3.00 after former workers torch dozens of buildings, vehicles at Freeport's Indonesia operations blocking access to world number two mine.

August 21, 2017

Four new distribution agreements strengthen Metso’s local presence in India’s flow control markets

Metso strengthens its presence in India with the signing of four non-exclusive distribution agreements for its valve products.

August 20, 2017

Kingsgate jumps 49% after Thai gold mine suspension lifted

Investors in Kingsgate Consolidated Ltd. (ASX:KCN) were allowed to gasp for air on Friday after being underwater on the stock due to problems with its mine in Thailand.

August 16, 2017

Flash floods hit Freeport Indonesia’s mining operations

Flash floods have left one worker missing and caused extensive damage to a power plant at the miner's operations in the eastern-most province of Papua.