Revenue for the quarter ended March 31 climbed 44% to $172 million, while production jumped 20% to a record quarterly volume of 1,194,947 carats. The post Petra Diamonds rallies on revenue growth, record output appeared first on MINING.com.
They said they expected authorities to realize the sliding scale they propose would be a more effective mechanism for the government to share in higher commodity prices than the windfall tax and strategic minerals scheme included in the new code. The post…
The use of the pit as a tailing storage facility means the miner will sacrifice remaining gold and copper reserves to help it return to full production after a dam collapse halted operations at the underground mine complex. The post Newcrest plan to dump …
A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru. The post German researchers say mining intensifies social conflicts in Peru appeared first …
The gem’s final price nearly tripled Sotheby’s pre-sale estimate. The post Blue diamond ring breaks world record appeared first on MINING.com.
They say there has to be a balance between exploiting mineral resources from the seabed and protecting vulnerable marine ecosystems. The post Deep-sea mining: scientists say collaboration is key appeared first on MINING.com.
The company is negotiating the possibility of buying the government’s 16 per cent stake in the Blanket project. The post Caledonia wants to expand in Zimbabwe appeared first on MINING.com.
Full Metal Minerals wants to buy the Puhipuhi Gold Project. The post Canadian miner eyes New Zealand’s gold appeared first on MINING.com.
Gold particles are helping researchers track the diversity of individual cancer cells circulating in the body. The post How gold is improving cancer treatment appeared first on MINING.com.
Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam. The post HSBC pulls the plug on coal appeared first on MINING.com.