November 16, 2015

Paragon Diamonds halts trading on capital, financial position woes

The Africa-focused miner needs funding to complete the acquisition of the Mothae project and to repay short-term debts, including £500,000 due this week.

November 16, 2015

New innovation from Atlas Copco makes loading options an easy choice

“It’s all about making it easier to find the right setup that will result in high loading capacity and cost efficiency.”

November 15, 2015

Molycorp restructure plan includes asset sales

The beleaguered rare earths producer has announced a plan to restructure that may include the sale of its Mountain Pass mine in California.

November 14, 2015

British potash mine to shed 220 jobs

Britain’s only potash mine is cutting hundreds of jobs and switching away from potash production in a further blow to industry in north-east England.

November 13, 2015

This is Hillary Clinton’s $30bn plan to save coal miners

While the US Democratic presidential candidate doesn’t believe in coal mining, she plans to invest in job training and education, infrastructure and healthcare, and projects to turn abandoned mines into…

November 13, 2015

These two record-breaking diamonds were bought for $77 million, by the same person

Hong Kong billionaire Joseph Lau bought the world's most expensive diamonds for his 7-year-old daughter, in less than 24 hours.

November 13, 2015

BHP Billiton hits decade low on Brazil tragedy update

The miner has also been extremely hard-hit in recent months by a double whammy of falling prices and China fears.

November 13, 2015

What do conflict minerals have to do with financial reform?

A small statute in the Dodd-Frank Wall Street Reform and Protection Act is wreaking havoc in the Congo, according to a new report by National Center for Policy Analysis Senior…

November 12, 2015

Metso selected as main supplier of valve solutions for Metsä Fibre’s next-generation bioproduct mill to be built in Finland

Metso has signed a comprehensive framework agreement with Metsä Fibre to supply valve solutions for the world's first next-generation bioproduct mill in Äänekoski, Finland. Metso's valve solutions will be used…

November 12, 2015

India’s appetite for gold takes global demand to two-year high

While Indian consumer demand jumped 13% to 268 tons, the World Gold Council warns the outlook for the fourth quarter is “muted.”