January 8, 2016 Top Chinese bank buys 1,500 tonne London gold vault Beijing's ICBC, the world's largest bank, is also applying to become a clearing member of the $5 trillion over the counter London bullion trade.
January 8, 2016 Diamond found at Arkansas Park expected to fetch $1 million The Esperanza Diamond, believed to be the most valuable precious rock ever discovered in the U.S., is now set into a custom-designed pendant.
January 8, 2016 India to end decades-old state monopoly on coal mining Delhi is hoping the measure will reduce the nation’s reliance on coal imports.
January 8, 2016 Asteroid miner 3D-prints spacecraft prototype with alien metal What Planetary Resources' 3D-printed model so impressive is the fact that it’s made entirely out of metal that’s not from Earth.
January 8, 2016 Political risk seen on the rise in these key mining markets Major commodity-producing countries are set to remain under intense finance strain in 2016, which will increase the risk of social unrest, says Verisk Maplecroft.
January 7, 2016 Iron ore prices to fall back into the $30s — Citi Prices fell Thursday for a second consecutive session. According to Metal Bulletin, the spot price for benchmark 62% fines dropped by 0.46%, or 20 cents, to $42.91 a tonne.
January 7, 2016 Centamin ups 2016 production target for its gold mine in Egypt The miner is one the very few bullion miners to have performed well during one of the most difficult markets conditions affecting gold producers in decades.
January 7, 2016 This is the recently found largest blue star sapphire ever, and it’s worth $100M The massive gem, named the “The Star of Adam”, could sell for up to $175 million.
January 6, 2016 Canada’s Imperial Metals halts production, lays off 100 due to low copper prices Low copper prices have forced the Vancouver-based firm to lay-off more than one-third of the workforce at its Huckleberry mine in northwestern British Columbia.
January 6, 2016 Mining deaths in the U.S. fell to historic low in 2015 Eleven of the 28 deaths last year occurred at coal mines, a sector that has seen employment decrease significantly in recent years, especially in Appalachia.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am