"Read full newsRead More
China National Nuclear Corp (CNNC) is looking to invest in overseas uranium mine...Read full newsRead More
Oct 31- Indian miner Vedanta Ltd said on Wednesday its second-quarter net profit fell 34.3 percent, primarily hurt by lower revenue from its Zinc operations and closure of its smelter in south India.Net profit attributable came in at 13.43 billion rupees ($181.58 million) in the three months ended September 30, compared with 20.45 billion rupees in the same period a year earlier, the Indian unit o...Read More
TOKYO, Oct 31 - Japanese trading firm Mitsui & Co Ltd may sell its stake in an Australia thermal coal mine in the face of growing pressure to divest coal assets amid mounting concerns over climate change, its chief executive officer said on Wednesday."We've made it clear that we won't invest in new thermal coal mining projects," Mitsui President and Chief Executive Officer Tatsuo Yasunaga told ana...Read More
"Highlight: Yale Economics Professor and Nobel Laureate @RobertJShiller on the slowing housing market:Read full newsRead More
"Glencore Plc's #coal mining business will eclipse its copper unit next year and become the world's biggest commodity trader's most profitable operation https://t.co/ooigdbAGZt via @business"Read full newsRead More
The world's largest miner has cut its economic growth forecasts for the world's two biggest economies as the superpowers engage in aRead full newsRead More
The deeper the mine, then the bigger the savings.Read full newsRead More
With the world's top miners on a tear, stakeholders are lining up for their long-awaited slice of the action. Plus,Read full newsRead More
"Members of the 27-company International Council on #Mining and Metals plan to make mining vehicles at above ground operations greenhouse gas emission-free by 2040, in a statement from the organization. $BHP $RIO"Read full newsRead More
"Read full newsRead More
MELBOURNE, Oct 31 - The mining industry wants to shed its image as a low-tech shoveller of dirt and instead be seen as a cutting edge digital-savvy employer of choice. It's a feat that could be compared to teaching an elephant to ballet dance.While mining companies have been quick to adopt new technologies to drive costs lower, there is an increasing recognition that the industry needs to embrace...Read More
"Read full newsRead More
"Orocobre #lithium outlook:Read full newsRead More
HARARE, Oct 31 - Zimbabwe's gold miner RioZim has closed its three mines due to a shortage of dollars, the company said in a letter to the central bank seen by Reuters on Wednesday.The country, which adopted the use of the United States dollar in 2009 to tame hyperinflation, is gripped by acute shortages of greenbacks. Prices of basic goods, public taxis and medicines have risen in the last few we...Read More
Glencore Plc's coal mining business will eclipse its copper unit next year and become the world's biggest commodity trader's most profitable operation.Despite making a lot of noise about its electric vehicle-focused mines such as nickel, copper and cobalt, Glencore has continued to buy more coal assets, adding rival Rio Tinto's Australian operations to its portfolio this year. That, along with soa...Read More
JOHANNESBURG, Oct 31 - South Africa's Impala Platinum (Implats) said on Wednesday it was in talks to sell its 1 Shaft operation in Rustenburg in a move to make its struggling mines profitable, sending its shares higher.Implats plans to trim staff by about a third - more than 13,000 jobs - over two years at its labour-intensive, conventional operations in the Rustenburg platinum belt, where its 1 S...Read More
Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it's on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year.The company, which has found over a dozen of huge precious rocks at its flagship Let??eng mine in Lesotho this year, now expects to recover 120,000 carats to 124,000 carats of diamonds...Read More
Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it's on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year.The company, which has found over a dozen of huge precious rocks at its flagship Let??eng mine in Lesotho this year, now expects to recover 120,000 carats to 124,000 carats of diamonds...Read More
Mr. Walt Coles Jr. reportsSKEENA INTERSECTS 10.09 G/T AUEQ OVER 45 METRES AT ESKAY CREEKSkeena Resources Ltd. has provided additional gold-silver assays for six holes from the continuing phase I surface drilling program at the Eskay Creek project located in the Golden Triangle of British Columbia. The multifaceted phase I program is being performed in the historically drill defined 21A, 21C and 22...Read More