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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 use autonomous vehicles by 2020. The survey polled opinions of more than 100 mine managers...

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 the controversial coal mining method. In a policy document released in March, the company said...

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 Asian country authorities have struck again. This time, the parliament has decided to cancel a...

Worldโ€™s largest copper producer Chile slashes 2015 output forecast

Chile, the worldโ€™s largest copper producer and exporter, will mine this year less of the red metal than previously anticipated, with estimations dropping from 6.0 million to 5.94 million tonnes, the state copper commission Cochilco said.   In its...

Roxgold starts construction of supergrade Yaramoko

Shares in Roxgold Inc (CVE:ROG) held onto recent gains on Tuesday after the company announced construction has gotten underway at its ultra-high grade Yaramoko project in Burkina Faso.   The Toronto-based junior was changing hands at $0.60, up more...

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 value of the steelmaking material claimed one of its most high-profile victim.   The 62%...

Harmony halts operations at Unisel mine after fatal incident

South Africaโ€™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 Unisel mine near Welkom on Saturday, April 4.   The company said production at the...

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