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Environmental group worries about expansions in Europe’s lignite mining and burning which it says could add 118 million tonnes in CO2 emissions a year.
Nordgold is getting ever closer to 1 million ounces a year output and has produced some creditable Q2 and H1 results.
Reuters’ Andy Home reckons the new iron age will be characterised by a Darwinian struggle for survival, from which only the fittest will emerge.
BHP Billiton CEO Andrew Mackenzie has said the company is in talks with potential buyers for all or part of Nickel West.
CEO Vitaly Nesis expects prices of the precious metals to remain near current levels next year.
Gold investors hurting from falling prices can find solace from history showing the metal tends to perform best in September.
German ice plant manufacturer KTI has successfully introduced its ice plants to help cool working area temperatures at one of South Africa’s deeper gold mines.
The Chilean company cut its forecast for a surplus in the global copper market this year by almost two-thirds after delays in setting up new mines.
Indian and Chinese gold demand may not be quite as lacklustre as the mainstream media would have you believe, while geopolitical events continue to churn.
The closure of the Portovesme smelter will reduce Alcoa's global smelting capacity by 150,000 metric tons.
Central Banks, led by Russia – and probably China – continue to accumulate gold into reserves. Does this suggest they are jockeying for position in a probable new world economic order?
Andy Home says London Metal Exchange stocks continue to power relentlessly upwards, every couple of days bringing a fresh record high.
The Obotan section of its Asanko gold mine in Ghana is targeted to produce at a rate of 200,000 oz/year gold by 2016.
Like other copper miners, Kazakhmys is fighting against rising production costs and falling metal grades.
The latest PFS on the TMM project provides increasing confidence that the proposed underground mine remains hugely attractive in economic terms.
Knauf, a major miner of construction materials, has switched over to using an Atlas Copco hydraulic breaker from blasting as its primary production method at a Latvian gypsum mine.
MMG says the global zinc deficit has increased faster than expected, spurred partly by demand growth in China.
Buying in China, the world's number one gold consumer, remains weak, dealers say.
Gem Diamonds sold more diamonds at higher prices in the first half of the year and expects pricing to remain strong in the second.
The move makes the commodity trader the first among the diversified miners to return extra cash to shareholders this year.
The new mine hoist together with the modernization of the mine’s other seven existing hoists will ensure high and safe production for another 20 years.
The steelmaker was unable to sell the mill, which has struggled with losses due to cost overruns and operational challenges.
The metal climbed to a 13-year high in New York on concerns supply will lag demand and add to shortages.
Petra remains on track to meet its production target of about 5 million carats annually by the 2019 financial year.
Atlas Copco chose Sweden’s Kristineberg underground zinc/copper/lead/gold/silver mine as the testing ground for its new ST18 Scooptram with excellent results.
Two of the biggest names in hedge fund investment appear to remain positive on gold with the Soros Fund buying into gold mining stocks and John Paulson retaining his top position in the GLD ETF.
The new price mechanism is not only electronic, auction-based and auditable; it is also tradable with an increased number of direct participants.
Franco-Nevada has completed a US$500 million bought deal at $59.75 a share to fund additional royalty and streaming acquisitions.
The miner declared its preference for a demerger of its unwanted aluminium, manganese and nickel assets on Friday.
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