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...
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...
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...
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...
There is no Nazi gold train after all — Polish scientistsPiotr Koper and Andreas Liechter presented this image as evidence of the Nazi gold train they claimed to have found. Scientists rooted out Tuesday a claim by two...
Joy Global swings to loss, cuts dividendU.S. maker of mining equipment Joy Global (NYSE:JOY) logged Wednesday an unexpected and sharp loss in its fourth quarter and announced it was cutting its dividend as it struggles to survive long-dragged drop...
Mining giant Rio Tinto (LON:RIO) wants to be one of the first major miners to get a grip on the lithium market, one of the very few commodities, if not the only one, that has remained unaffected by the...