August 28, 2017

Glencore to offload second coal mine in Australia in less than three months

Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.

August 27, 2017

UK coal use drops to 135-year low

Once the engine of the Industrial Revolution rooted in the UK, coal is now less popular than ever as an electricity source.

August 25, 2017

Philippines to expand mining ban to watershed areas, ore exports

In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.

August 25, 2017

Guatemalan court backs Tahoe’s Escobal mine suspension

Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.

August 24, 2017

Bacanora to complete Sonora lithium project feasibility study this year

Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.

August 23, 2017

Germany brings home $28bn worth of gold reserves

With the move, the country’s central bank has completed its plan to bring back home 54,000 gold bars that were still being held in foreign vaults.

August 22, 2017

Scientists figure out how to make it rain diamonds

It's the first time the event has been reproduced in a lab environment similar to the one within Neptune and Uranus.

August 22, 2017

Polish coal mining swings to profit on prices, restructuring

According to the Industrial Development Agency (ARP), net profit at Polish coal mines stood at 1.45 billion zlotys (US$400.06 million) in the first half of the year compared to a…

August 22, 2017

Copper rally lifts Antofagasta’s profits — up 88% in first half of 2017

The miner believes a tightening global supply of copper will keep prices on the high-end of the spectrum this year and next.

August 21, 2017

More than 200 workers to go at Sandvik Materials Technology unit

Measure is part of a broader plan to restore profitability at the division, which saw adjusted operating profit fell by 37% in the second quarter of this year.