News

Shares in Alecto Minerals (LON:ALO) soared Monday after it announced it had struck a joint venture deal with Randgold Resources (LON:RRS) over the former's Kossanto West Gold Project in Western Mali. Once deal is completed, Randgold would fund all...

Africa-focused gold producer Randgold Resources (LON:RSS) said Monday its full-year profit from mining dropped by 11%, hit by a continued weakness in the prices metal, which lost about 10% of its value in 2015 for a third straight annual...

Grinding at Anglo American’s (LON:AAL) Los Bronces copper mine in Chile has been halted after the firm detected a leak in a pipe carrying ground ore mixed with water on Sunday evening. According to local newspaper La Tercera (in...

ALROSA's management, headed by the President Andrey Zharkov, paid a working visit to Mumbai and Surat (India). The Company representatives visited the Special Notified Zone (SNZ) that was opened last year at Bharat Diamond Bourse.The decision to set up...

It is worth about $1.5 million. Alrosa, the world's top diamond producer by output in carats, has found another massive precious rock at its Jubilee kimberlite pipe, in Yakutia, northeast Russia. The 121.96-carat diamond was extracted by the company’s...

Shell Australia has awarded Sodexo the provision of offshore facilities management services for the Prelude Floating Liquefied Natural Gas (FLNG) facility with services to be delivered seamlessly from South Korea to the Browse Basin in the sea off northwest...

The new Remote Operator Station for Dozing, part of Cat MineStar Command for dozing, provides a safe, comfortable environment removed from the active dozing area. The station itself is modelled on the actual cab of the machine, with all...