London Mining shares ‘worthless’ due to funding fears
The iron ore miner warned Wednesday that its shares now had "little or no value."
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Chile’s top court orders Goldcorp to halt El Morro mine
Once again the mining giant's $3.9 million project can't move forward until local indigenous groups who oppose it are better consulted.
Crude from oil sands not dirty: European Union
The EU new plan changes how refiners label the carbon intensity of their fuel.
Gold output hike boosts Mexico’s Durango state appeal
The news represents a relief for local authorities, which have seen several projects halted in recent months.
Queensland wants coal waste to be dumped onshore, not near reef
The state government submitted an application to the federal government for 3mn m³ of dredging material to be disposed on land.
Port Hedland’s iron ore shipments to China fall in Sept
But with BHP Billiton's announced production boost the port is likely to recover quickly.
Peru’s main opponent to Newmont’s Conga mine wins local elections
Jailed Gregorio Santos is set to win the re-election in the country’s gold-rich Cajamarca region, casting fresh doubts on the future of the long-delayed copper and gold project.
Iron ore war: BHP to be cheapest supplier, Glencore says it’ll hurt Africa
While BHP gets ready to further expand iron ore output, Glencore's Glasenberg warns the move will make investing in African iron ore a less appealing prospect.
India poised to overtake China as world’s largest coal consumer
The country continues to battle chronic power shortages that are crippling its growth.
Russian diamond giant Alrosa begins mining at Karpinskogo
The kimberlite pipe is located at the Lomonosov deposit in northern Russia.
Greenland grants 30-year permit to EU-backed Molybdenum mine
Malmbjer is expected to supply roughly 25% of the EU’s annual molybdenum demand over its first decade of operation.