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Barclays stops funding mountain-top removal coal mining process

UK banking and financial services company Barclays, the largest financier of the mountain-top removal (MTR) in 2013, has announced it will no longer finance...

Timetric survey says 48% of European and FSU miners will adopt autonomous vehicles by 2020

A survey by Timetric's Mining Intelligence Centre (MIC) has revealed that 48% of miners in Europe and Former Soviet Union (FSU) countries intend to...

Mongolia halts landmark deal with foreign firms over massive coal mine

Barely 24 hours after Rio Tinto-controlled Turquoise Hill (TSE:TRQ) got the go-ahead for the long-delayed expansion of the massive copper-gold Oyu Tolgoi mine, the...

Iron ore price breaks fall, claims big scalp

After weeks of relentless selling the spot price of iron ore regained its footing on Tuesday on the same day the decline in the...

Harmony halts operations at Unisel mine after fatal incident

South Africa’s Harmony Gold (JSE:HAR) (NYSE:HMY) announced Tuesday that an employee was fatally injured in an engineering related accident while performing maintenance work at...

Batista trial descending into farce

Brazilian tycoon Eike Batista's fortune topped out at an eye-watering $32.8bn in April 2012 when his oil and gas firm OGX's first wells went...

Robbers grab gold worth $8m from Mexico mine

McEwen Mining (NYSE:MUX)(TSX:MUX) on Tuesday reported an armed robbery at its El Gallo 1 mine in Sinaloa, Mexico.   According to a statement an...

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