Botswana may soon have its first uranium mine

Locals from the Bolivian Andean region have kidnapped two engineers of Canadian South American Silver and are demanding the immediate release of their leader.

The last ten wagons of around 1,000 tonnes of coal trundled out of the Duhamel shaft, marking the end of a 250-year history of mining in the region.

Billionaire Arkady Gaydamak has lost a court bid to reclaim hundred of millions unpaid commissions and dividends from "king of diamonds" in a battle over Angolan assets.

Metso will supply world's biggest fully mobile, track-mounted crushing plant to Altay Polimetally LLP copper mine in Kazakhstan. The contract also includes large mobile feeding and conveying systems to move the crushed copper ore for further processing, and installation supervision and training.

Diamond mining company Rockwell Diamonds reported on Wednesday that its diamond sales for the first quarter of its 2013 financial year reached 6 234 ct and generated $5.9 million.

Shares of Centerra Gold fell 16% by midday after an announcement that one of its directors had quit.

Brazilian mining company Vale has been granted a preliminary environmental license for its S11D mine, an extension of the company's giant Carajas complex, which is posed to be the world’s largest iron ore mine.

Like most of Latin America, Guatemala is to increase control over natural resources, with President Otto Perez Molina proposing a Constitutional reform that will make possible for the for the government to acquire up to 40% of the mining and exploration companies operating in the country.

While both Davis and Glencore CEO Ivan Glasenberg would suffer blows to their reputations as dealmakers if the merger should collapse other parties stand to lose more.