September 24, 2012 Divisive contract to exploit Lithium in Chile granted to local SQM Chile’s Chemical and Mining Society (SQM), the world’s largest lithium producer, has won a tender to develop a lithium concession in the country, which produces nearly 40% of the increasingly…
September 24, 2012 Rio Tinto coal mining cull claims new victims Rio Tinto is cutting even more coal mining jobs in Australia as the miner is struggling with a dramatic plunge in coal prices and a high Australian dollar.
September 24, 2012 Edgewater enters agreement to sell royalty interest on the Corcoesto Gold project Canadian exploration company Edgewater got a $5 million financing through the sale of royalty interests on the Company's 100% owned Corcoesto Gold Project in northwest Spain.
September 24, 2012 Gold retreats from 6-1/2 month high as dollar firms Gold prices eased nearly 1 percent on Monday, pulling back from the previous session's 6-1/2 month high, as the dollar rose and assets seen as higher risk, like stocks, the…
September 24, 2012 Investor gold buying to resume and Fed doubling their balance sheet AGAIN! A leading precious metals consultancy, Thomson Reuters GFMS, has forecast that investors will buy record amounts of gold in the remainder of 2012. GFMS produces the benchmark supply and demand…
September 24, 2012 Diamond prices may be poised for recovery It has been a challenging year in the diamond market, with prices for rough stones dropping about 20%. But RBC Capital Markets analyst Des Kilalea sees some “green shoots” that…
September 24, 2012 Blood Diamonds of ore: GE takes on conflict minerals GE is one of 30 companies participating in a pilot program to implement guidelines on conflict minerals due diligence developed by the Organisation for Economic Co-operation and Development (OECD).
September 24, 2012 General Electric unveils global mining industry business unit GE Transportation, a unit of diversified conglomerate General Electric Company (NYSE:GE) launched Monday its newest business unit, GE Mining, which will be based out of Brisbane, Australia.
September 24, 2012 Record surge of mining claims in western Canada An exceptional number of mineral claims have been filed in British Columbia, Canada, over the last three years and more than 11,000 were filed in the first seven months of…
September 24, 2012 Norsk Hydro sells aluminum remelt plant in Taiwan Norwegian Norsk Hydro, one of the world's top aluminum producers, is selling its aluminum remelt plant in Taiwan to Ting Sin Metal Co. Ltd for an unrevealed amount, the company…
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
