Canadian court hands victory to First Nations in lawsuit against Rio Tinto

Afrcan Barrick Gold (ABG) faces a multimillion court battle following its draconian decisions taken two years ago to freeze payments to Mwanza based firm, Simba Pipe Line, under the allegations of frauds. In 2009 ABG suspended all suppliers who were...

The Coal India Ltd headquarters at Kolkata. (file photo) – A. Roy Chowdhury Co says gross calorific value-based system to be ‘revenue neutral' Coal India Ltd is believed to be gearing up to introduce the internationally-accepted gross calorific...

An unprecedented crackdown on corruption in India's mining industry, led by the Supreme Court and state-level agencies such as Karnataka's Lokayukta, coupled with rigorous enforcement of environmental norms is resulting in collateral damage to the economy, with plunging mining output leading to a fall in industrial production and GDP growth.

Two people have been killed and 10 others injured during a violent protest over a planned gold mine in eastern Indonesia. The victims were among nearly 1,000 people in Lambu village in West Nusatenggara province who were trying to stop the gold mining...

Mirny Mine, the largest open pit diamond mine in world, is located in Mirny, Eastern Siberia, Russia

ATTORNEY-GENERAL, Mr Johannes Tomana, strongly believes world leading diamond company De Beers and the European Union have cases to answer for smuggling diamonds out of Zimbabwe and imposing illegal sanctions on the country respectively. In an intervie...

Turkish central bank increased its gold reserves to 5.758 million ounces in November Europe’s largest gold producer Turkey’s gold reserves climbed last month after its central bank bouught 1.328 million troy ounces of gold. According to data from t...

A story about copper and its usefulness as a guage of economic activity was MINING.com's top story of the year.

Canada-based Osum Oil Sands Corp. has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities. The financing was led by a...