Ocean Minerals, LLC (Ocean Minerals) has identified areas of prospective potential in the Exclusive Economic Zone of the Cook Islands, and has entered into an agreement with the Cook Islands government for exclusive rights to prospect and explore these areas.

The 38.6-carat coloured stone is the largest “fancy” pink diamond recovered to date from Lulo.

The world’s fifth largest gold producer has told a Perth mining forum today that it plans to lift its total output to 1.5 million ounces a year within three years as it combines its increasing output from African and PNG mines.

New study forecasts global thermal coal trade to shrink by 373 million tonnes per year, leading to minimum 30% fall in coal prices post 2020.

August shipments third best month on record as price slips to six-week low and BHP warns of new supply pushing prices down further.

In commercial production since 1896, the Mount Lyell copper and gold mine on Tasmania's west coast was put on care and maintenance two years ago.

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs globally in the coming years.

George Bee will assume as vice president of the Argentine side of the project effective Sep. 12.