Rio Tinto forges ahead with Simandou, the world’s largest mining project
The massive Simandou project, in Guinea, is considered the world's biggest untapped iron ore deposit.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
China’s ICBC buys giant London gold vault from Barclays
The deal, due to close in July, will make ICBC Standard the only Chinese bank to operate a vault in London.
Eldorado Gold to sell remaining assets in China to Yintai Resources for $600 million
The deal marks the end of Eldorado’s reign in China.
Mongolia to pay $70 million owed to Canada’s Khan Resources
Move comes on the heels of Rio Tinto’s decision to resume work on a $5.3 billion expansion of the Oyu Tolgoi copper mine, following a three-year delay due to disputes with authorities.
Lucapa to invest $7 million upgrading Lulo diamond mine in Angola
The mine hosts type-2a diamonds which account for less than 1% of global supply.
KGHM delays expansion of flagship mine in Chile, shares jump
Shares in Europe's second-largest copper producer jumped as much as 4.7% on Monday after posting earnings at overseas units that helped the Polish miner beat analysts estimates for the first-quarter profit.
Gold demand just had a major growth spurt
Negative interest rates and slow growth have fuelled investors' demand for gold in record-breaking fashion.
This new silver application may push demand, prices even higher
Silver nanowires can be used to produce flexible screens in a cheaper, less energy-intensive manner, a new study shows.
South Africa allows biggest ever class action against gold giants to go ahead
High Court decision opens the way for up to 500,000 current and former miners to pursue a multi-million-dollar lawsuit against mining companies over respiratory diseases contracted at work.
Russia approves plan to sell stake in diamond giant Alrosa
The miner, along with fellow Russian firms Rosneft, VTB Bank and Bashneft are among the most likely candidates for privatization this year.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
