October 29, 2014

Nickel price jumps again – Chinese stocks gone by April

After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.

October 29, 2014

Vale’s CEO shortlisted to be Brazil’s new finance minister

Analysts say only a business-friendly appointment followed by credible action to strengthen the fiscal accounts and control inflation would reassure markets.

October 29, 2014

Space miner loses first satellite in rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

October 29, 2014

Hopes for workers trapped in Turkish coal mine quickly fading

Water levels inside the mine keep rising and rescue crews had made no contact with the trapped workers.

October 29, 2014

Chile passes historic law to aid copper giant Codelco

It grants the world's No.1 copper miner an injection of US$4 billion for the next four years.

October 29, 2014

Nova Scotia to use fracking waste at cement plant

Five million litres of wastewater will be disposed at the Brookfield-based plant following a successful pilot project earlier this spring.

October 28, 2014

How the central bank squandered Switzerland’s gold reserves

If the Swiss vote yes in next month's referendum its central bank needs to buy back 1,500 tonnes of gold sold for $300–$500 an ounce a decade ago.

October 28, 2014

Russia pushes forward plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

October 28, 2014

Former Anglo’s senior exec. said to have taken $3.5 million from firm

Instead of paying for mine equipment and services, the former project director sent the money to private bank accounts in Barbados and London.

October 28, 2014

At least 18 Turkish miners trapped in coal mine after collapse

Initial media reports said the collapse occurred after water that had built up inside the mine coursed into areas where the workers had been located.