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...
This is the 106-carat diamond Alrosa unearthed from its Jubilee pipeRussia's Alrosa, the world's top diamond producer by output in carats, said Thursday it has recovered a 105.6-carat diamond from the Jubilee kimberlite pipe. The stone, described as being...
Snap Lake mine.The Snap Lake diamond mine in the Canadian north was not only dealing with a downturn in the diamond market prior to a decision last week to shutter it; the mine also had a serious problem with...
