October 31, 2015

Shell logs $7.4 billion loss as oil price slump and write-downs sink profits

The loss prompted the oil giant to shelve and write off a new oil sands project in Alberta and an oil exploration project in Alaska.

October 30, 2015

Aussie miner to open Guyana’s second largest gold mine

Troy Resources' Karouni mine is expected to produce up to 100,000 ounces of the precious metal a year.

October 30, 2015

Future of BHP coal mines in Indonesia hinging on mining rules revision

The country's government is in the midst of reviewing its mining legislation, particularly mandatory divestment rules and contract extensions.

October 30, 2015

This interactive timeline will teach you all about diamond mining

It all began about 900 million years ago.

October 30, 2015

Canada’s Eldorado Gold swings to loss in Q3

The Vancouver-based miner, however, upgraded its 2015 production guidance to 710,000 ounces of gold.

October 29, 2015

Increase in rare earth prices will not affect global market, demand

The increase in prices by China's largest rare earth miner will not have a material effect on global prices or demand, according to a leading expert on the sector.

October 29, 2015

Myanmar’s $31bn ‘secretive’ jade industry keeps fuelling rights abuses

Most of the profit goes to powerful military and ex-junta figures instead of the state coffers, a report reveals.

October 29, 2015

Mining industry value drops below one trillion dollars

In 2011, during the peak of the so-called “mining boom”, the sector was worth nearly US$2.5 trillion.

October 29, 2015

Potash Corp slashes outlook, production amid tough market conditions

The fertilizer giant also announced temporary inventory shutdowns as it deals with a weakening potash market.

October 28, 2015

Chile injects $600 million into state-owned copper giant Codelco

The money is the first payment in a $3 billion aid plan authorized under a new funding mechanism, designed to avoid a slump in production.