April 13, 2016

Lucara revenues for first exceptional tender exceed US$51 million

The 10 diamonds, found at the Karowe mine in Botswana, were sold for gross revenues of $33,632 per carat.

April 12, 2016

Gold to hit $3,000 by 2019 — expert at Dubai conference

“The big problem is that monetary policy is contagious and central bankers no longer have any bullets left," said precious metal expert Diego Parilla.

April 12, 2016

Metso shapes the industry by introducing easier ways of buying, maintaining and operating aggregates equipment

Metso continues to meet its customers' needs and to shape the industry conventions by expanding its services offering for the aggregates industry with unique Life Cycle Services programs.

April 12, 2016

Higher gold prices prompt consortium to restart historic mine in India

The ancient Kolar gold mines produced some 25 million ounces over 150 years before being abandoned in 2001, as gold prices began to sink.

April 12, 2016

Canada-Chile lithium project in Argentina to begin operations in 2019

The Cauchari-Olaroz project, in northern Argentina, is forecast to initially produce 40,000 tonnes of lithium carbonate equivalent a year.

April 12, 2016

Dispatches: Child labour in Dubai’s gold supply chain

Around 40% of all gold traded on the international market flows through the “city of gold,” as Dubai likes to call itself.

April 11, 2016

Codelco scraps plans for new mine at El Salvador division

Decision would reduce the total investment needed to $600 million from the whooping $3 billion it was originally estimated.

April 11, 2016

Endeavour Mining begins construction of new African gold mine

The Hounde project, in Burkina Faso, is forecast to produce about 1.9 million ounces of gold over a 10-year mine life.

April 11, 2016

Panama Papers links Metso to alleged sales fraud

A Russian sales manager for Metso's automation division is said to have skimmed money off invoices and cycled the funds through several bank accounts and firms until they ended up…

April 11, 2016

For the Navajo nation, uranium mining’s deadly legacy lingers

As the Cold War threat petered out companies left, abandoning more than 500 mines in an area that is home to more than 250,000 people.