ABB, Zijin join forces at Serbia copper mine

Project is expected to dramatically increase production and slash costs at the troubled mine.

The deal will see Canberra supplying the necessary uranium to feed the European country’s nuclear power plants.

The more than 2,000 people who gathered in Ulaanbaatar's Freedom Square claimed foreign companies have exploited Mongolia's mineral wealth, which accounts for 94% of the nation's exports.

The 68.1-carat gem-quality diamond is one eight 'significant' rocks found from trial mining at a new area of the Lulo concession.

The firm has not yet decided whether to inject more cash into Damang or suspend operations.

The funds will be used to advance the Relief Canyon gold project.

The country's central bank added 356,000 ounces of the precious metals to its reserves in February.

Scotgold believes gold and silver from its Cononish project near Loch Lomond in Trossachs National Park would attract a "significant premium".

Net profit for 2015 dropped by almost 30% to $261 million (1.7 billion yuan) from the previous year's $353 million.