FLSmidth has won a contract worth approximately USD 63m (approximately DKK 369m) from the Kazakhstani company, Kazakhmys PLC, to design a copper concentrator and supply all the process technology for a plant to be built at their Bozshakol copper mine in Kazakhstan, 220 km north of the capital Astana.

As the iron ore price consolidates above $120 confidence is returning to the industry.

AngloGold Ashanti (NYSE:AU) CEO, Mark Cutifani, reassured investors on Thursday the firm would turn the corner after several strikes in the mining sector left it with major losses.

Canadian heavy equipment dealer Finning International (TSX:FTT) said Thursday it has been awarded contracts worth a total of $497 million from several Chilean mining companies.

Swiss luxury jeweller and watches manufacturer Chopard, in partnership with London store Harrods, has unveiled newest precious stones-based collection inspired by Walt Disney’s Princesses.

An Argentine court has ordered to embargo Chevron assets in the South American country to help enforcing an Ecuadorean court resolution that fined the oil and natural gas giant for $19 billion in environmental damages.

Centerra Gold (TSX:CG) was trading low on Thursday morning, after the Canadian gold miner reported Wednesday night a $46.8 million quarterly loss due to higher costs and severely lower production at its Kumtor mine in Kyrgyzstan.

Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from China.

In what it shouldn’t come as a surprise for anybody who has been following the news in the last three month, South Africa reported Thursday its mining output dropped 8.3% on the year in September.