Ocean Minerals, LLC to prospect and explore for rare earths in the Cook Islands

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.

Ocean Minerals, LLC | September 12, 2016 | 10:55 am

Mongolia readies to revive its giant Tavan Tolgoi coal mine

Erdenes Tavan Tolgoi (ETT), the state-owned company that holds the license to the deposit, has already begun evaluating bids and calculating the potential economic benefits of restarting it.

Cecilia Jamasmie | September 9, 2016 | 8:00 am

Lucapa finds another massive diamond at Lulo, biggest pink yet

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

Cecilia Jamasmie | September 8, 2016 | 10:15 am

Harmony eyes lift in total gold output to 1.5moz pa and to add wider African gold acquisitions

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.

Field Public Relations | September 8, 2016 | 9:21 am

US, China climate pact devastating for coal price

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.

Frik Els | September 8, 2016 | 4:00 am

Near record China imports can’t hold up iron ore price

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

Frik Els | September 8, 2016 | 2:15 am

Tasmania govt wants to restart Australia’s oldest mine

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.

Frik Els | September 6, 2016 | 3:47 am

Caterpillar to close Belgium plant, lay off 2000 workers

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.

Cecilia Jamasmie | September 2, 2016 | 6:00 am

Barrick appoints new exec to restart Argentine side of Pascua-Lama

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

Cecilia Jamasmie | September 1, 2016 | 4:45 am

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Skycatch survey system sums up aerial intelligence

Gold stream probably ‘most attractive’ funding option for Turquoise Hill – Wheaton CEO

Four countries have more heap leach mines than the rest of the world combined

Iron price jumps as Chinese imports continue at record pace

Australia tells the world it is open for business when it comes to critical minerals

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