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Former Aussie coal magnate Nathan Tinkler buys Anglo American mine

Former Aussie coal magnate Nathan Tinkler buys Anglo American mineNathan Tinkler was once Australia's youngest billionaire, but lost it all when coal prices crumbled. (Image from archives) Australian electrician turned mining entrepreneur, Nathan Tinkler, is once again trying to...

Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firm

Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firmAerial image from north of York potash mine site. (Courtesy of Sirius Minerals) London-listed Sirius Minerals (LON:SXX), the company building a potash mine beneath a U.K. national...

Mining projects worth $56 billion to come on stream in Peru beginning 2016

Mining projects worth $56 billion to come on stream in PeruMMGโ€™s gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come on stream in Peru next year. Mining projects worth more than $56 billion are expected...

The worldโ€™s largest black diamond can now be seen in Dubai

The worldโ€™s largest black diamond can now be seen in DubaiThe unusual gem is named after the Korloff -Sapojnikoff family, members of the Russian nobility, who once owned it. Billed as the worldโ€™s largest known black diamond, the 88-karat...

BHP, Vale have assets frozen over Samarco damages

The spill has been called the biggest mining disaster in Brazilโ€™s history, with about 20 people either confirmed dead or still missing after the dam burst sent a wave a mud cascading into a village.Two of the largest mining...

Mine-finder Tim Coughlin returns to gold exploration in Colombia

Tim Coughlinโ€™s career arc is actually a circle. The 50 year old geologist did his PhD research on gold-system targeting methods in the Andes of South America. Later, as chief geologist for AngloGold Ashanti, Coughlin spent several years being...

Klondex picks up idled Manitoba mine for $32 million

Klondex Mines (TSX:KDX) has added to its portfolio of properties by acquiring the idled Rice Lake Mine in Manitoba, Canada. The Nevada-focused gold and silver producer said Friday it would buy the mine and mill for US$20 million in...

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