January 8, 2016 India to end decades-old state monopoly on coal mining Delhi is hoping the measure will reduce the nation’s reliance on coal imports.
January 8, 2016 Political risk seen on the rise in these key mining markets Major commodity-producing countries are set to remain under intense finance strain in 2016, which will increase the risk of social unrest, says Verisk Maplecroft.
January 7, 2016 Iron ore prices to fall back into the $30s — Citi Prices fell Thursday for a second consecutive session. According to Metal Bulletin, the spot price for benchmark 62% fines dropped by 0.46%, or 20 cents, to $42.91 a tonne.
January 7, 2016 This is the recently found largest blue star sapphire ever, and it’s worth $100M The massive gem, named the “The Star of Adam”, could sell for up to $175 million.
January 6, 2016 Malaysia imposes three-month ban on bauxite exports to fight pollution The country, the biggest supplier of bauxite to China, said the ban takes takes effect from Jan. 15.
January 6, 2016 Dundee’s David Talbot says green energy trend is your friend David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices.
January 5, 2016 Miners, commodities traders brace for La Niña The last time the weather event was present, it wrought havoc on the mining industry in Australia, with thermal and coking coal mines in Queensland hit by flooding from cyclones…
January 5, 2016 Centerra Gold worker arrested in Kyrgyzstan after ‘horse penis’ remark The incident is Centerra Gold's second brush with Kyrgyzstan authorities in recent months.
January 4, 2016 The world’s 10 coldest mines With temperatures that can drop to nearly -50°C, these mines offer some of the most challenging working conditions in the world.
January 3, 2016 Malaysia may suspend bauxite mining Malaysia is pushing to suspend bauxite mining due to concerns about its impact on the environment, a cabinet source said on Saturday, threatening to interrupt supplies of the aluminium-making material…
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