Zambia mulls cutting mining royalties even further
Mines minister Christopher Yaluma said reducing royalties below the recently revised 9% would make underground mining more cost effective.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Gold industry injected $171bn into global economy in 2013
A World Gold Council report shows the sector's contribution was greater than the GDP of over 150 different countries and larger than the total value of global overseas aid in recent years.
IMAGE GALLERY: Potash ponds in the Utah desert
To the non-expert eye they may seem a set of mirages, but these turquoise-purple-pink visions are what ground-level potash ponds look like near Arches National Park.
Stans Energy kicks off fresh legal actions over Kyrgyzstan’s $118 million pending payment
The Canadian rare earths junior is appealing a Moscow court decision of Moscow City Arbitrazh Court of not allowing it to obtain a sum related to the loss of its Kutessay II mine.
Total, Shell exit coal mining
Some of the world's top oil producers have decided to abandon coal and focus instead on ramping up production and trading of liquified natural gas as a cleaner fossil fuel alternative.
AngloGold, Newmont in talks over sale of Colorado mine
The sale would be one of the largest of a U.S. gold mine since the price of the precious metal began falling in 2013.
Meteorites heading to Earth may contain trillions of diamonds
Gems founds in fragments of the Almahata Sitta meteorite were formed in an unknown planet that existed when our solar system was just forming, researchers say.
Mining exploration spending in Australia hits decade-low
The dramatic fall was led mainly by the iron ore and coal sectors.
Molycorp stock collapses after missing $32.5M interest payment
Skipping the loan repayment could lead to the U.S. rare earths miner bankruptcy.
Seafloor copper extraction better than traditional mining — report
The study, commissioned by Nautilus Minerals, shows seabed copper mining may cause less disruptions to the environment and local communities than terrestrial operations.
Eldorado to kick off $1B Skouries mine production in early 2026
The copper-gold project in northern Greece is 70% complete and commercial operations are expected in mid-2026.