News

Brazil Minerals (OTCBB: BMIX) mined a 4.01 carats diamond, it's largest to date.   The company said the gem has good appearance with the ability to yield high colour and clarity grades. The company plans to cut and polish...

Mining top executives are much gloomier about the current economic outlook than their counterparts in other industries, as the ongoing slump in key commodities, from iron ore to copper, continues to impact their business decisions.   CEOs however remain...

Chinese authorities have unveiled the results of study into the nation’s uranium deposits, which puts its reserves at over 2 million tonnes, government's Xinhua News Agency reports.   According to the head of China Nuclear geology (CNG), Du Yunbin,...

Damen Shipyards Group has launched a new 42-month research and development project to design and build a robotic underwater mining prototype, along with related launch and recovery equipment. Launched as part of the Horizon 2020 programme, the Viable Alternative...

Swedish mining equipment manufacturer Atlas Copco and UK-based mining firm Anglo American are preparing to test a new type of underground mining technology. The project team aims to develop a new mining technology that would transform the process of...

Mining major Rio Tinto has paid $7.1bn in taxes globally in 2014, despite weaker commodity prices. The company has prepared annual taxes paid report for the past five years, which it provided details of the taxes paid in the...

UK-based investment and capital advisory firm Audley Capital Advisors has signed an agreement to acquire Talvivaara's nickel mining operations in Sotkamo, eastern Finland from its Bankruptcy Estate. Finland, through its wholly owned company Terrafame, also signed an investment agreement...