December 18, 2015

De Beers closing another diamond mine, this time in Botswana

Debswana, a 50/50 joint venture between De Beers and the government of Botswana, is set to close its Damtshaa mine and scale down production at Orapa.

December 18, 2015

Barrick completes sale of non-core Nevada assets to Waterton

It expects to complete the sale of the Bald Mountain mine and its 50% interest in Round Mountain to fellow Canadian miner Kinross Gold by mid-January.

December 18, 2015

Chile’s court decision on whether force Antofagasta knock down Los Pelambres mine dam imminent

Locals claim the dam has diverted the course of a local estuary, causing water shortages at a time of drought.

December 17, 2015

Hope fades for 19 trapped coal miners in China

The site remained on fire on Thursday and the temperature inside the mine “could have reached 1,000 degrees” Celsius (over 1,600 Fahrenheit), according to rescue workers.

December 17, 2015

TransCanada’s Energy East pipeline costs up 30 pct to $15.7bn

The firm has filed an amended application, which makes nearly 700 changes to the route in response to concerns about environmentally sensitive areas.

December 17, 2015

Aussie coal mine sold by Vale for $1 to reopen next year

Stanmore Coal said it would employ 150 workers when the mine reopens in 2016; half the workforce in place when it closed last year.

December 17, 2015

Cameco limits underground mining at Rabbit Lake after rock fall

While the company suspended production at Eagle Point, it said the Rabbit Lake mill continued operating as usual.

December 17, 2015

Goldman forecasts even more pain for iron ore

The bank says prices will remain under $40 a ton for the next three years as China’s slowdown forces the sector into a long period of hibernation.

December 17, 2015

This is the 106-carat diamond Alrosa unearthed from its Jubilee pipe

The stone, described as being of "4 Black Sawables 2 colour" quality with an octahedral shape, was extracted by the company's business unit, Aikhal Mining and Processing Division (MPD).

December 16, 2015

Myanmar’s jade trade turns frantic

Using heavy earth-excavators and explosives, miners have been tearing into Myanmar’s northern hills in recent months, before a new government takes office next year.