Africa
Alhambra subsidiary declared bankrupt
On December 7 the Specialised Interdistrict Economic Court of the Akmola Oblast in Kazakhstan ordered that Alhambra Resources’ wholly-owned Kazakhstan subsidiary Saga Creek Gold...
Africa
Oyu Tolgoi financing deal welcomed
The signing of a landmark US$4.4 billion project financing agreement for the Oyu Tolgoi underground mine is a global vote of confidence in Mongolia...
Europe
Upgrade for PNG mining plant
CRATER Gold Mining expects to be operating at full mining capacity at its High Grade Zone (HGZ) project in Papua New Guinea by the...
Europe
Chinese funds for Pakistan power plant
China has approved an investment of US$1.2 billion in mining of a section of the Thar Coalfield in Pakistan and the establishment of a...
Europe
Diamond miners likely to cut prices further in 2016 to lift demand — Moody’s
Despite current conditions, the diamond sector’s long-term fundamentals remain solid, says Moody's. Diamond miners will remain under pressure over the next 12-18 months as...
Europe
Codelco eyes $600 million in savings, more job cuts in 2016 as copper in the pits
Codelco’s Chuquicamata is the world's largest open pit copper mine. The world's biggest copper miner, Chile’s Codelco, will continue reining in costs next year...
Europe
There is no Nazi gold train after all — Polish scientists
There is no Nazi gold train after all — Polish scientistsPiotr Koper and Andreas Liechter presented this image as evidence of the Nazi gold...
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from up to 5 devices at once
Must read