Bad at saving? Zimbabwe had barely $217 in its bank account
Finance Minister, Tendai Biti, also said that diamond mining companies have not been paying revenues to the government.
Cecilia Jamasmie , Editor-in-Chief
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Canada pushed to defend lead in global mining business
Canada's mining industry needs to urgently deal with the emerging challenges, said a report published Wednesday the Canadian Chamber of Commerce.
Search for missing workers in Quebec quarry continues
The search for two workers missing after a landslide mid-morning yesterday at a quarry 50-kms north of Montreal was resumed Wednesday morning with no results so far.
Mining investment in Argentina grows 72% despite risky business climate
Foreign and local investors spent a total of $3.8 billion in 2012 and the trend is expected to continue this year, with planned investments already amounting to more than $4 billion.
Denmark to decide whether Greenland can start mining uranium
A majority in the Danish parliament is reportedly ready to allow the extraction and exports of the radioactive element from Greenland, which represents a historical shift in Danish foreign policy, after 30 years of opposition to nuclear power.
Mining magnate Rinehart bets on unconventional oil
She invested $6.6 million Tuesday in junior Lakes Oil, which is pursuing the potential for unconventional oil and gas in the state of Victoria.
Aussie mining boom given death sentence: to peak this year says Deloitte
Firm says mega-mining construction projects, which accounted for much of Australia’s production growth in recent years, will peak and die later this year.
Dominant entity battling silver manipulators: Embry
He added the silver market was “grotesquely undervalued” and that there were “mounting shortages being documented all over the place.”
Liberal Party of Canada’s Justin Trudeau not opposed to pipelines
The perceived front-runner in the race to lead Canada’s federal Liberals is open to work on a a “west to east” pipeline.
Amplats yields to pressure, delays overhaul
In a joint statement with the Department of Mineral Resources and unions, the miner has agreed to postpone any decision for 60 days.
Delays hit Gemfields ruby plant as Zambia mine reboots
Commissioning of a second processing plant at the Montepuez ruby mine has been postponed to September due to logistical setbacks.