November 4, 2015

Glencore shares soar on faster than expected debt reduction

The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it…

November 3, 2015

QE’s creeping communism

Most economists and investors readily acknowledge that the current period of central bank activism, characterized by extended bouts of quantitative easing and zero percent interest rates, is a newly-blazed trail…

November 2, 2015

Merging ecology and economy to transform urban mining into world’s leading target manufacturer

According to the United Nations Environmental Programme, an estimated 50 million tons of electronic waste are generated around the world every year. What's more, the metal deposits found in many…

November 2, 2015

India’s festivals, wedding season flop for gold traders

Domestic gold price discount in double digits with predictions of 25–30% slump in seasonal buying.

November 2, 2015

Needs of communities near mines in poor countries must prevail in the mining lifecycle, says Global Policy Forum

The importance of going beyond environmental considerations when planning the lifecycle of mines to include socioeconomic considerations was a key topic discussed at the last UNCTAD meeting.

October 30, 2015

Future of BHP coal mines in Indonesia hinging on mining rules revision

The country's government is in the midst of reviewing its mining legislation, particularly mandatory divestment rules and contract extensions.

October 30, 2015

Japan tightens grip on Kazakhstan’s emerging rare earths sector

The Japanese Oil, Gas and Metals National Corporation (JOGMEC) has signed a deal with local authorities to jointly explore for rare earths in the Karaganda and Kostanay regions.

October 29, 2015

Myanmar’s $31bn ‘secretive’ jade industry keeps fuelling rights abuses

Most of the profit goes to powerful military and ex-junta figures instead of the state coffers, a report reveals.

October 29, 2015

Mining industry value drops below one trillion dollars

In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.

October 28, 2015

Newmont slashes costs, mines 16% more gold

Also approves expansion of Tanami mine in Australia.