Glencore’s great game is avoiding US sanctions: Chris Bryant

The announcement was part of the Federal Budget unveiled Tuesday night, considered the toughest in almost two decades.

Fire is still blazing inside the mine, 18 hours after the blast, and hundreds remain trapped underground.

With stock from leading coal miner Exxaro, diamond miner Rockwell, various prime assets from Anglo Gold Ashanti and coal contractors Genet & Diesel Power, online auctions continue to offer monthly opportunity in 2nd hand equipment into Africa and Internationally. With another auction scheduled for 22 May, the demand for the online mining auction platform is growing swiftly.

The results for the customer include a safer working environment and improved process efficiency, leading to significant savings.

... “equipment performance and machine uptime are critical business drivers for all mine operations and Original Equipment Manufacturers (OEMs).

The "Graff Vivid Yellow” diamond, one of the world’s largest cut precious gems of any colour, fetched Tuesday an astronomical $16.3 million at Sotheby’s Geneva auction.

Bundesbank said to be finally on board for unprecedented Eurozone stimulus package to be launched in June which includes negative rates on bank deposits.

The company has been trying to sell its 41.3% stake in Mount Nimba in Guinea since July 2012, as a boost to its plans to exit West Africa and focus its investments elsewhere in the world.

Nathan Tinkler, the Australian electrician turned mining entrepreneur, has bought Peabody Energy’s Wilkie Creek mine in Queensland.