Rio Tinto walks away from massive Pebble copper-gold project
Rio becomes the second large diversified miner, after Anglo American, to back out of the project in less than seven months.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Dubai gold trade reached $75 billion in 2013
The figure represents almost 40% of the world's physical gold trade last year.
PotashCorp brings Doyle era to a close, former Inmet boss Tilk named new CEO
Doyle, 63, will probably be remembered the most as the CEO who fended off BHP Billiton’s hostile takeover bid for the Canadian fertilizer producer.
Rio Tinto to propose new plan after losing court battle over mine expansion
While Rio plans to submit a revised plan to keep its Warkworth mine viable, opponents vow to fight any new proposal.
Chile mulls new investment incentives for miners
Amid mounting criticism on the a proposed reform to the country’s foreign-investment law that removes a mining-friendly clause.
Zambia miners can’t afford 29% power price hike — chamber
Mining companies in Zambia use about 68% of the country’s electricity, while less than a quarter of the population has access to it.
Gold smartphones options just got broader: meet the HTC One
"Pure gold" version will be introduced in the United Arab Emirates (UAE) and Saudi Arabia by the end of the month or early May.
China to shut down 2,000 coal mines this year
As part of the Beijing’s ongoing plan to reduce the alarming rates of air pollution and reduce the nation’s dependency on the fossil fuel.
Mongolia’s mining boom takes toll in locals health
While mining giants have boost Mongolia’s economy, illegal miners keep polluting the environment and driving industry's death figures up.
Ebola outbreak in Guinea forces miners to lock down operations
Brazilian iron ore giant Vale has removed its six international employees and put its local workers on leave.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
