April 24, 2018

Spanish activists reject reopening of Los Frailes mine

On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the…

April 24, 2018

After weeks of chaos, US throws aluminum industry lifeline

“The US government is not targeting the hardworking people who depend on Rusal and its subsidiaries,” Treasury Secretary Steven Mnuchin said.

April 24, 2018

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on revenue of $12.9 billion, surpassing expectations.

April 24, 2018

First-quarter profit rise at Sweden’s Sandvik marred by mining miss

Its shares are still up more than 10 percent in 2018, outperforming a flat European industrial sector index.

April 24, 2018

Centerra rejects unsolicited offer for its Kumtor gold mine in Kyrgyzstan

Centerra and Kyrgyzstan have had a series of disputes over sharing profits from Kumtor, and London-listed Chaarat was offering the nation to increase its stake in the project’s cash flow…

April 24, 2018

Anglo delays Minas Rio restart until year-end, will lose about $400 million

The announcement is the last of a string of difficulties Anglo has faced with the iron ore mine, which was expected to produce 16 million tonnes this year, but that…

April 23, 2018

Should we expect a crisis in the Russian coal industry?

The main objective of Russian coal companies is to manage internal crises: managerial, bureaucratic and technological crises.

April 23, 2018

Poland’s KGHM says Q1 copper sales fall 12 pct yr-on-yr

KGHM also said in a statement that silver sales fell in the same quarter by 16 percent to 212.6 tonnes.

April 23, 2018

US extends deadline for Rusal sanctions, aluminum prices dive

Aluminum prices on the London Metal Exchange tumbled more than 8 percent after the U.S. Treasury Department announcement.

April 23, 2018

Gemfields talks up ‘responsibility’ amid lawsuit over alleged human rights abuses

The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector.