February 1, 2017

Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract

Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.

February 1, 2017

Randgold resumes Tongon mine operations after deal with workers

Employees who had staged an illegal sit-in at the mine returned to work Wednesday after management and authorities reached a deal with them, the company said.

February 1, 2017

Metso introduces a community-friendly Lokotrack® UrbanTM series to enable safe rock crushing in cities

Metso Lokotrack® UrbanTM seriesmobile crushing plant revolutionizes crushing in densely populated environments, such as city centers. The new solution simplifies crushing operations, incorporates significant noise protection and cuts dust emissions…

February 1, 2017

Here’s what miners should expect and do in 2017

While companies face different outlooks and challenges depending on the commodity they mine and their size, Deloitte says they should all should be looking for the answer to one common…

February 1, 2017

Workers vote to strike at Escondida, world’s largest copper mine

Strike could begin as early as Friday, but will likely be postponed for a five-day government mediation to attempt a resolution.

February 1, 2017

Zinc miner spends $20M on a new fleet

Sandvik Mining will supply and maintain a full fleet of mining equipment for Caribou Mine operations.

January 31, 2017

Deutsche Bank won’t finance any coal projects any longer

It has decided not to finance any greenfield thermal coal mining or coal-fired plants and it will also reduce its existing exposure to the sector.

January 31, 2017

Moon Express ready for first private lunar trip after raising another $20M

The private space exploration firm has enough money to hit the moon by the end of 2017.

January 31, 2017

Gold soars past $1,200 on Trump’s immigration ban, comments on Germany

Spot gold climbed 0.4% to $1,200.00 per ounce in early trade, while April Comex bullion was last up $10.20 an ounce at $1,206.30.

January 31, 2017

Lucapa adds Motahe project in Lesotho to portfolio, shares jump

The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.