Europe
Europe
Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firm
Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firmAerial image from north of York potash mine site. (Courtesy of Sirius Minerals) London-listed Sirius Minerals (LON:SXX), the company building a potash mine beneath a U.K. national...
Europe
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...
Europe
The world’s largest black diamond can now be seen in Dubai
The world’s largest black diamond can now be seen in DubaiThe unusual gem is named after the Korloff -Sapojnikoff family, members of the Russian nobility, who once owned it. Billed as the world’s largest known black diamond, the 88-karat...
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 end of 2015 following completion of a mining plant upgrade. At full capacity the company...
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 power project. The agreement forms part of the China-Pakistan Economic Corridor project (CPEC) with final...
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 sluggish jewellery sales and reduced credit availability for cutters and polishers have created a temporary...
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 rather than curbing output to navigate a slump in prices that are hitting fresh six-year...
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