February 5, 2016

Three missing after South African gold mine collapses, trapping 87

Trapped miners were brought to the surface through ventilation shafts.

February 5, 2016

UK scientists develop new method to find copper deposits

Technique likely to become an inexpensive way to uncover rich copper deposits.

February 5, 2016

Why fundamentals are no longer relevant for gold

Why have fundamentals failed so miserably to control the market, and are they relevant any longer?

February 4, 2016

Happy day for miners: shares up by levels not seen since 2008

The biggest winner was Anglo American (LON:AAL), which briefly posted its biggest ever one-day percentage gain, closing later still 15% up compared to the previous session.

February 4, 2016

Centerra can go ahead with new gold mine in Mongolia

After a five-year delay, the country’s parliament has finally approved Centerra’s plans to mine the Gatsuurt gold deposit.

February 4, 2016

US scientists figure cost-effective way to extract rare earths from coal

The new mineral processing technique also makes the extraction environmentally friendly.

February 4, 2016

Suncor cuts spending by 10% after posting $2bn loss on writedowns

The Canadian oil giant lowered capital spending plan to between $6bn and $6.5bn from a November estimate of $6.7bn to $7.3bn.

February 4, 2016

Russia cries Dyadya (Uncle), is Saudi Arabia listening?

According to Bloomberg, the Russian Energy Ministry issued a statement that "Energy Minister Alexander Novak and the heads of Russia's biggest oil companies discussed the possibility of working with OPEC."

February 3, 2016

China ‘war on coal’ to drive labour unrest — report

The country's renewable energy industry will benefit, as it is set to step in as a substitute for coal in the coming years.

February 3, 2016

India mulls key investment to set iron ore plants in Iran

According to official figures, Iran has now more than $10 billion of investment pledges under its belt.