Australian miner Mount Gibson Iron has temporarily stopped activity at its Koolan Island's main pit for four weeks, as a precautionary measure against instability in the upper part of the pit. During this period, the Mount Gibson will...
A new mining venture started by former Xstrata CEO Mick Davis, X2 Resources, has secured another $1bn from investors. With the additional monies secured, X2 has amassed up to $4.8bn of funds including $3.3bn of committed equity capital...
Scotland-based engineering firm Weir Group has signed a deal with Kuala Lumpur-based private equity firm Navis Capital to purchase Trio Engineered Products, a Chinese-American mining services firm, for $220m. The acquisition will allow Weir to expand its mining...
Swiss power and automation technology group ABB has unveiled a new technology that is designed to help engineers easily resolve electrical problems in mines right from their control room. The new technology called the System 800xA mining integrated...
India-based JSW Steel (JSW) is reportedly in talks to purchase the British iron ore mining firm London Mining. London Mining, which operates a small mine in Sierra Leone, has recently accumulated significant debts due to fall in the...
BHP Billiton is looking at a London listing for its planned metals and mining company, which will be created from demerging some of its non-performing assets, including the aluminium, bauxite and nickel businesses, worth approximately $16bn. In August,...
Around 200 mine workers in Poland are protesting against importing coal from Russia by blocking the trains carrying coal at a border passage in northern Poland. According to mining union leaders, the cheaper coal is being imported from...