August 28, 2012

Gold prices headed higher as more are aware of the world’s financial and monetary system situation

Finally, the price of gold has broken out of its’ period of consolidation and now looks set to test the $1700 an ounce level in the short-term.

August 28, 2012

Peru abandons Newmont’s $4.8 billion Conga

The Peruvian government has thrown in the towel on Newmont Mining's (NYSE:NEM) controversial Conga mine as the nation's prime minister announced Monday evening the $4.8 billion copper-gold project is now…

August 28, 2012

WDC to Discuss Consumer Diamond Promotion

The promotion of diamonds and diamond jewelry to consumers will feature prominently in discussions at the October World Diamond Congress (WDC).

August 28, 2012

Rio Tinto unveils its first Indian diamonds

Mining giant Rio Tinto (LSE:/NYSE:/ASX:RIO) has unveiled its inaugural set of jewelry made using diamonds from its Bunder mine project in India's Madhya Pradesh.

August 27, 2012

RST receives Philippine government certification

QUEENSLAND based mining, dust and soil solutions company Reynolds Soils Technologies (RST) has received Philippine Government approval for use of its innovative RT20 Soil Stabiliser solution across the country’s road…

August 27, 2012

MICROMINE Brazil Excels in Client Survey

PERTH, AUSTRALIA – : Leading provider of intuitive software solutions to the mining and exploration industry, MICROMINE has reinforced its position as a preferred supplier of software solutions to existing…

August 27, 2012

ABB to increase network power quality at Xstrata’s new copper mine in Peru

ABB synchronous condensers to ensure safe and reliable operation of plant network

August 27, 2012

AVEVA releases Structural Analysis Interface – SP for STAAD.Pro

AVEVA further demonstrates open approach with bidirectional interface between AVEVA PDMS and Bentley’s STAAD.Pro

August 27, 2012

Nobody knows where the $334 million Zimbabwe sold in diamonds last year ended up

The boom in Zimbabwe ‘s diamond industry has not translated into improved living standards for ordinary citizens, as proceeds from gems’ sales benefit a few politically connected individuals and finance…

August 27, 2012

South Africa’s gold sector also hit with wage hike demands

South Africa's gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current collective agreements do not expire until…