September 13, 2016

Coking coal prices go gangbusters — up almost 150%

The commodity added $14.80 per tonne on Tuesday alone. Its trading now at almost $200 per tonne.

September 12, 2016

Ocean Minerals, LLC to prospect and explore for rare earths in the Cook Islands

Ocean Minerals, LLC (Ocean Minerals) has identified areas of prospective potential in the Exclusive Economic Zone of the Cook Islands, and has entered into an agreement with the Cook Islands…

September 9, 2016

China demand driving renaissance of global uranium market: Bannerman Resources chief

China’s unquenchable thirst for uranium is driving a renaissance of the market and is likely to pull the global U-sector out of its current doldrums and drive much-needed price increases.

September 9, 2016

Mongolia readies to revive its giant Tavan Tolgoi coal mine

Erdenes Tavan Tolgoi (ETT), the state-owned company that holds the license to the deposit, has already begun evaluating bids and calculating the potential economic benefits of restarting it.

September 9, 2016

Australia’s Tiger Resources to fast-track plans to explore potential cobalt production at its African copper project

Tiger Resources Managing Director, Mr Michael Griffiths, released the positive results of an independent study the Company had commissioned to investigate the viability of producing cobalt at its Kipoi Project…

September 9, 2016

Australian think tank seeks more strategic approach to engaging Africa’s economy and mining sector

The call was made in Perth today by the Canberra-based Australian Strategic Policy Institute (ASPI) in an address to the third and final day of the Paydirt 2016 Africa Down…

September 8, 2016

Lucapa finds another massive diamond at Lulo, biggest pink yet

The 38.6-carat coloured stone is the largest “fancy” pink diamond recovered to date from Lulo.

September 8, 2016

Harmony eyes lift in total gold output to 1.5moz pa and to add wider African gold acquisitions

The world’s fifth largest gold producer has told a Perth mining forum today that it plans to lift its total output to 1.5 million ounces a year within three years…

September 8, 2016

US, China climate pact devastating for coal price

New study forecasts global thermal coal trade to shrink by 373 million tonnes per year, leading to minimum 30% fall in coal prices post 2020.

September 8, 2016

Near record China imports can’t hold up iron ore price

August shipments third best month on record as price slips to six-week low and BHP warns of new supply pushing prices down further.