Dundee Precious Metals releases PFS on $211m open pit at Timok

The donation by the company's founder Ross Beaty aims to enhance the museum’s national research and collections that are focused on species discovery.

Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.

The company originally intended to combine its Tongo project with Tonguma, but it has now decided to become the mine's operator.

The world's No.1 iron-ore producer recorded a net profit of $3.98 billion in 2016, a significant recovery from a loss of $12.13 billion it reported a year earlier.

A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.

The company is reviewing its copper output guidance for 2017 as industrial action at its largest copper mine enters its third week Thursday.

The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.

The world's fourth largest miner of the steelmaking ingredient said it also benefitted from declining costs.

The world's number five diversified miner posted its first annual net profit in five years.