March 26, 2015

JX, Mitsui Mining halt Caserones mine, to take a $421M write down

The company said the suspension of operation at the copper is momentary, as northern Chile is being hit by torrential rain and snow.

March 25, 2015

Mining private equity: It’s Davis or bust?

Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.

March 25, 2015

Energy regulator staff probed over handling of TransCanada safety violations

The Association of Professional Engineers and Geoscientists of Alberta (APEGA) probe centres on the alleged mishandling of claims of natural gas pipeline violations at TransCanada by engineers working for the…

March 25, 2015

A major diamond auction in Antwerp just flopped and it could mean trouble for the diamond industry

Diamond giant De Beers recently predicted a demand increase this year but that didn't prevent the latest major diamond sale in Antwerp from failing to sell all the stones on…

March 25, 2015

Australia’s regulator goes after Fortescue for demanding iron ore output cap

The competition watchdog did not welcome chairman Andrew “Twiggy” Forrest call for rivals Rio, BHP and Vale to agree to cap production.

March 25, 2015

Oil sands improving on environment, but new technology takes time

It’s a seemingly small thing, the matter of a dozen or so degrees difference in the water temperature during one part of the lengthy and complex process of squeezing oil…

March 25, 2015

This Easter bunny has diamond eyes. Oh, yes, and it costs $49K

It took a world-renowned master chocolatier, cocoa from Tanzania, two solitaire diamonds and some gold to create this extravagant and expensive chocolate Easter bunny.

March 24, 2015

Rio Tinto, Alcoa step aside for Australia’s largest national park

They'll hand back more than 175,000 hectares of prime conservation land they have held since 1971 to West Australia, ditching plans to build a bauxite mine and an alumina refinery…

March 24, 2015

Belaruskali deal with China dents other players’ chances

The move may be the first of many more competitive deals by producers in the potash market, which has historically operated with large joint ventures controlling prices.

March 24, 2015

Here is what it looks like when mining trucks drive across frozen lakes

In the farthest reaches of northwestern Canada, there are few people and fewer roads. When winter comes, fuel, explosives, and heavy equipment move north in an unusual way: via trucks…