Alrosa unearths 78.02-carat diamond from its Mir mine
According to the company, the gem is estimated is worth more than $600,000 if put on auction.
Cecilia Jamasmie , Editor-in-Chief
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Canada’s Territories hold massive shale oil reserves similar to US Bakken field
Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.
Barrick sells Cowal mine to Evolution Mining for $550 million
With the acquisition Evolution Mining will become Australia's second largest gold producer.
State of emergency in Peru as anti-mining violence leaves 4 dead, dozens arrested
The move suspends civil liberties, allowing police and troops to enforce curfews in an effort to end two months of fresh violence in Arequipa.
US Congress passes bill on space mining
Welcome to the future.
Zijin Mining, Gold Fields among final bidders for Barrick’s Australian gold mine
Analysts believe Cowal mine may be worth at least $400 million, and that Barrick would likely get as much as $1.1 billion from the sale of both, the New South Wales' mine and Papua New Guinea’s Porgera.
US coal miner Murray Energy to lay off around 1,800
The planned cuts, about 21% of Murray’s workforce, will come largely at mines in Ohio and West Virginia, a state hit hard by recent coal mine closures and layoffs.
Metso places mining division in back burner as sales remain poor
Metso and its peers in a Nordic cluster of mining gear suppliers, including Atlas Corp., Sandvik and FLSmidth have been squeezed by spending cuts among miners in the last three years.
Struggling Argentina expects US$14 billion in mining exports
The return to higher exports would be driven in part by at least 16 major projects likely to go into production within five years.
Australia ditches iron ore probe after lobby, China-Brazil supply deal
The China-Brazil deal means that in just three years Vale will be producing more than BHP Billiton and Rio Tinto combined.
Friedland backs Trump’s copper tariff as wake-up call
Friedland commended Trump for doing what’s "obvious" and "intelligent", as the US needs to produce the metal.