News

German equipment manufacturer Liebherr said this week the group’s overall turnover for this year is expected to be close to $11 billion (€8.87 billion), slightly below (1%) what achieved in 2013.   While the decline does not seem significant,...

Whitehaven Coal has started transporting coal from its Maules Creek in New South Wales (NSW) earlier than expected.   The first coal-laden train departed the mine site heading for the port at Newcastle following a test train.   As...

Russian workers at Alrosa's Udachnaya diamond mine have found a strange red and green 30 mm rock containing over 30,000 tiny diamonds, which may yield valuable information about how the precious gems form in natural conditions.   While...

The European Union voted by a extremely narrow majority Wednesday against a proposed fuel quality directive that would have stigmatized as "dirty" all imports coming from Canadian oil producers, and which Ottawa has been fighting for over two years....

  Two gold refineries will be constructed in Zambia next year and this will enable the country to export processed gold, Minister of Mines Energy and Water Development Christopher Yaluma has said.   The Minister has added that...

US-based Gold Mining has signed an agreement with Riverstone Resources to acquire a 24-acre mining tenement in Queensland, Australia.   Located near Eidsvold, the claim is on a property thought to be rich in alluvial minerals.   According to...

China is to cut export tariffs on coal from 1 January 2015, as part of the country's efforts to re-order trade and foster economic growth.   Said to be the world's largest consumer of coal, China will also adjust...