December 24, 2014

One employee shot dead at B2Gold Masbate project in the Philippines

The security guard, a long-time employee at the Masbate gold project, was killed by a fellow guard on Saturday, following an argument between the two.

December 24, 2014

Ladies (and gentlemen) prefer coloured diamonds

The market for coloured gemstones is on fire, with pink diamonds, rubies and sapphires achieving record prices. This infographic sheds some light on the situation.

December 23, 2014

Myanmar villagers in tense standoff over China-backed copper mine

Three people were injured after police used rubber bullets to quell protests in the same village where a woman was shot and killed yesterday, in the latest bout of violence…

December 22, 2014

CAT sees no significant impact from depressed oil prices

Depressed oil prices may end up helping, CEO Doug Oberhelman added.

December 22, 2014

One dead, 20 hurt in protests against copper mine 
in Myanmar

The massive copper project, owned by Wanbao Mining Ltd, drew international attention in 2012 when police brutally dispersed protesters, injuring more than 100 Buddhist monks.

December 21, 2014

Turning point for coal? Japanese trading firms snap up coal assets

A flurry of acquisitions of high-quality coal assets by Japanese firms in recent weeks signals that some trading houses at least are betting a depressed coal market where prices have…

December 21, 2014

Nickel shortage propels Philippines mining boom: Southeast Asia

Michael Defensor is racing to mine and ship nickel from projects across the Philippines to plug the gap in global supplies left by Indonesia’s ore-export curbs.

December 21, 2014

Birla said to plan $1bn aluminum exports

Hindalco Industries Ltd., owned by Indian billionaire Kumar Mangalam Birla, is targeting a record $1 billion of aluminum exports by March 31 buoyed by rising U.S. and European demand, people…

December 21, 2014

Indian gold imports crawl in Dec

Despite the government removing restrictions on gold imports late past month, imports of the precious metal have not picked up because of a supply glut.

December 20, 2014

Oyu Tolgoi 2015 production forecast cut

Vancouver's Turquoise Hill lowers output estimates for Mongolian mine to 600,000oz–700,000oz of gold and 175,000t–195,000t of copper in concentrates.