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Africa

Two gold refineries to be set up in Zambia next year

  Two gold refineries will be constructed in Zambia next year and this will enable the country to export processed gold, Minister of...
Market Reports

Declines in mining-industry capital expenditure in 2015, expected by Joy Global Inc.

Joy Global Inc. (JOY), the world’s largest maker of underground mining machinery, said it expects to see further declines in mining-industry capital expenditure during...
Market Reports

Sherritt International stock soars on U.S.-Cuba deal, but still business as usual for Canadian firms in Cuba

TORONTO • In the short-term, the diplomatic breakthrough between the United States and Cuba changes very little for Sherritt International Corp. and the dozens...
Asia Pacific

China to cut coal export tariffs

China is to cut export tariffs on coal from 1 January 2015, as part of the country's efforts to re-order trade and foster economic...
Market Reports

Gold hedging slips in Q3, but still healthy for year

For a long time, “hedging” was a very bad word in the gold mining business. But hedging has enjoyed a small-scale revival as prices...
Asia Pacific

Harmony Gold and Newcrest to invest $2.3bn in Papua New Guinea mine development

Harmony Gold Mining and Newcrest Mining are set to invest $2.3bn in developing their Golpu deposit in Papua New Guinea.   Harmony and Newcrest...
Asia Pacific

Hitachi to use Nissan’s situational awareness technology for mining trucks

Hitachi Construction Machinery is set to use Nissan Motor's around view monitor (AVM) and moving object detection (MOD) technology for its trucks, following a...
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