ACHEMA MIDDLE EAST 2026

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Mining projects worth $56 billion to come on stream in Peru beginning 2016

Mining projects worth $56 billion to come on stream in PeruMMG’s gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come on stream in Peru next year. Mining projects worth more than $56 billion are expected...

Former Aussie coal magnate Nathan Tinkler buys Anglo American mine

Nathan Tinkler was once Australia's youngest billionaire, but lost it all when coal prices crumbled. (Image from archives) Australian electrician turned mining entrepreneur, Nathan Tinkler, is once again trying to come back to the coal industry after signing a...

Gold on track to record third-straight annual loss

Source: Kitco Metals Live Charts. Gold prices were mostly trading in negative territory Wednesday morning in the U.S. amid light volumes and weak oil prices. February delivery on the Comex division of the New York Mercantile Exchange was last...

Dominion Diamond shareholders revolt, call for changes

Ekati mine aerial view, August 2010. (Image by Jason Pineau, WikiMedia Commons) Displeased shareholders of Canada’s Dominion Diamond (TSX, NYSE:DDC), the world’s third largest producer of rough diamonds by value, are stepping up efforts to force a company overhaul....

RPM and Schneider seek joint opportunities

RungePincockMinarco (RPM) and Schneider Electric (Australia) have signed an agreement to jointly explore business opportunities in the mining industry. The companies will leverage existing customer and partner networks within the industry where they provide software and services. RPM logoRPM...

Thiess awarded UHG contract extension

CIMIC Group’s global mining contractor Thiess has been awarded a four-year contract extension by Energy Resources LLC at the Ukhaa Khudag (UHG) coal mine in Mongolia. The contract extension will deliver Thiess with up to $1 billion of revenue...

Dozens missing in new Myanmar landslide

Dozens are missing and feared dead after a landslide struck a remote jade mining region in northern Myanmar on December 25. It was the second such incident to hit the country's jade industry in five weeks. The landslide occurred...

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