Global polished diamond prices continued to rise in March 2010, according to the IDEX Online Global Polished Diamond Price Index. After languishing for most of 2009, this is the fourth consecutive month that polished diamond prices have risen. It is clear that this is a trend, and it is likely to be sustainable for the remainder of 2010.
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Exeter Resource has now upped its Caspiche resource significantly with indicated and inferred resources totalling 24.3 million ounces of gold and 6.4 billion pounds of copper.
Crowflight Minerals has received an all-cash bid from China’s largest nickel and cobalt miner, Jinchuan.
According to Rio’s top copper division exec. China would likely be forced to draw down strategic reserves to help meet demand over the course of next year
The nation’s worst mine disaster in 26 years is expected to result in tougher federal actions to enforce U.S. mine safety.
The company that runs the West Virginia coal mine where 25 workers died in a horrific blast has a history of thumbing its nose at federal safety laws. The Upper Big Branch Mine had 458 safety violations last year, records show. Fifty of the violations,
Legal counsel for the junior miner says it is not in deal mode nor having active discussions
Rescue crews are trying to ventilate toxic gas from a coal mine in West Virginia in an effort to save four miners who are still missing after a deadly explosion rocked the mine Monday. The explosion occurred at about 3 p.m. ET on Monday at the Upper Big
MENAFN – 07/04/2010 No. of Ratings : 0 (MENAFN) Macarthur Coal Ltd. announced that its board has rejected a $3.3 billion takeover bid by U.S.-based Peabody Energy, saying it was too low despite an increase over an earlier offer, Reuters reported.
Ten days after the Wangjialing coal mining accident, six bodies have been found. Thirty-two coal miners are still trapped. Sixty of the one-hundred and fifteen survivors who were saved on April 5 have been relocated to Taiyuan for treatment.
SYDNEYMacarthur Coal Ltd. on Wednesday rejected a $3.3 billion takeover bid by U.S.-based Peabody Energy, saying it was too low despite an increase over an earlier offer. Macarthur, a major exporter of pulverized coal used by steelmakers, said its board
Developments in China, India and elsewhere in Asia and the Middle East, look like they are underpinning the gold price nicely and limiting downside risk.
SYDNEY – Australia’s biggest mining state stood firm on Wednesday in its demand for miners Rio Tinto and BHP Billiton to pay higher royalties under their proposed $116-billion iron-ore joint venture. The venture would combine the Western Australia
(Adds Credit Suisse report in 12th paragraph.) April 7 (Bloomberg) — Peabody Energy Corp., the biggest U.S. coal producer, may have to further sweeten its offer for Australias Macarthur Coal Ltd. to A$4 billion ($3.7 billion), after being rejected a
VICTREX PEEK polymer selected to replace stainless steel filling valves in beverage bottling machines Sao Paulo, Brazil – Solidur, one of Brazil’s largest high-performance plastics processing companies, has selected VICTREX� PEEK polymer, manufactured
Euro-priced bullion hits record as single currency slips. 7 Apr 2010 7:34 PM
CAPE Lambert Resources has made a formal bid to take full ownership of DMC Mining in an all-cash deal worth around $A34 million. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now! First Name Last Name Email Address
MIRABELA Nickel founder and former managing director Nick Poll has resigned as a director of the company. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now! First Name Last Name Email Address Confirm Email Members
GINDALBIE Metals has finalised a second long-term offtake contract with its joint venture partner Ansteel covering the life-of-mine production from the Karara iron ore project in Western Australia. You are not logged in or not authorised to view this
MONAX Mining has increased its bauxite portfolio, cutting a deal with Callabonna Uranium for three exploration permits in the Cape York peninsula. You are not logged in or not authorised to view this page. Get Your FREE 30 Day Trial Now! First Name Last
EXPLORER Discovery Metals rose A16c to 91c today on news of a 68% increase in resources at the Boseto project in Botswana, while Rio Tinto head of copper Andrew Harding told Dow Jones Newswires that if the economic recovery continued, the copper market