September 21, 2015

Mongolia struggles to develop Tavan Tolgoi coal mine

Development of the mine, halted by politics and weak government institutions, reflects the resource curse as Mongolia’s Parliament failed to transfer ownership of the coal mine.

September 21, 2015

Rehabilitation of over 50,000 abandoned mines in Australia to hit taxpayers

According to environmental scientist Peter Erskine, Australia will be left with a bill running into tens of billions of dollars unless the government starts taking mine rehabilitation seriously.

September 21, 2015

Rare Earth Minerals logs loss, but hopes more Tesla-like agreements to the rescue

The company reported a £1.2 million pre-tax loss in the first six months of 2015, widening from the £191,000 loss reported a year earlier.

September 21, 2015

Endeavour boosts presence in Africa’s gold sector on deal with La Mancha

The Vancouver-based miner has sold 30% of the company to La Mancha Holding in a deal that will grant it a majority stake in the massive Ity gold mine, in…

September 21, 2015

Suncor tightens grip on Fort Hills oil sands project

The project is expected to boost output in northern Alberta by 180,000 barrels a day, with production set to begin by the fourth quarter of 2017.

September 21, 2015

Newmont, Kinross likely to buy Barrick’s US gold assets

The company's president, Kelvin Dushnisky, said he expects the imminent sale of six U.S. assets to close before the end of the year.

September 20, 2015

How Norilsk Nickel reduced maintenance downtime by 86 pct

“We wanted to make sure the development of maintenance continues as it had before, and we saw that Quant has the capability to continue this development.”

September 18, 2015

BHP Billiton AusIMM Southern Queensland Student Chapter Local Mining Games 2015

On the 5th of September, the AusIMM Southern Queensland Student Chapter (SQSC) held the chapter’s annual BHP Billiton Local Mining Games at The University of Queensland’s Experimental Mine in Indooroopilly,…

September 18, 2015

Petra Diamonds losing some sparkle, net profit down 33 pct

But the company is on track to reach its longer-term target of about 5 million carats of diamond production a year by 2019.

September 18, 2015

This blue diamond may become the most expensive gem ever sold at auction

"Blue Moon" is expected to fetch up to $55 million when it goes under Sotheby's hammer on Nov. 11, in Geneva.