February 27, 2018

Scotland to have its first commercial gold mine

Scotgold Resources plans to build an underground operation with an initial production capacity of 12,000 ounces of gold annually for up to 17 years.

February 27, 2018

Billionaires in Russia’s Nornickel dispute agree to delay stake sale

The ownership dispute is part of a long-running battle for control of Nornickel, a $33 billion mining company.

February 27, 2018

Fresnillo tanks as 2017 profit misses expectations, says costs to rise

The Mexico-focused precious metals miner expects cost inflation this year to be about 7%, compared with the 6.4% it faced in 2017.

February 26, 2018

Russian billionaires risk “shootout” in battle over nickel giant

After a five-year peace deal ended in December, the power struggle between two major Nornickel shareholders resurfaced earlier this month.

February 26, 2018

Norsk Hydro to buy Rio Tinto aluminum assets for $345 million

The proposed acquisition also includes an offer for Rio’s 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminum fluoride plant in…

February 26, 2018

Lucara Diamond names new CEO, invests in digital sales platform

Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.

February 23, 2018

Galician MP denounces tailings pond breach

Lídia Senra filed a complaint before the European Commission denouncing the breach of a tailings pond in the Touro municipality.

February 23, 2018

German scientists to build machine that speeds up urban mining processes

Some urban mining already takes place in the EU but it involves melting devices together in a furnace and removing the most valuable metals.

February 23, 2018

Robust and reliable data communications support more effective mining operations

At Vršany Lom, communication network challenges have been overcome with the implementation of robust industrial networking technology from Westermo.

February 22, 2018

Zimbabwe resumes diamond sales, expects to auction 1.56 million carats

A test sale was conducted and, according to the Minister of Mines, it was a total success.