Mining.com

By Bloomberg News A battle over the world’s second-largest copper mine has dogged Freeport-McMoRan Inc. shareholders for more than a year. Now it may be the turn of the copper market. Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations, cutting some 300,000 […]

By Valentina Ruiz Leotaud Archaeologists confirmed that a Saudi town commonly mentioned in historical documents for hosting ancient gold and silver jewelers was actually an important mining area. Dawadmi, located in the central Riyadh province, is presumed to have been a hub from where mining products were exported 1,200 years ago. The most recent excavations

By Valentina Ruiz Leotaud Archaeologists working in the remote Tarbagatai Mountains of northeastern Kazakhstan unearthed 3,000 gold and precious metals objects and jewelry pieces that are presumed to date back almost 800 years before Christ. The treasure, found at the ‘Yeleke Sazy’ burial site, probably belonged to a noble family of the Saka people who

By Valentina Ruiz Leotaud Canada’s Pan Global Resources (TSXV: PGZ) is ready to start drilling at its 16,333-hectare Águilas project, located 100 kilometres north of Cordoba in the territory of Andalucia, southern Spain. According to local media, Pan Global’s 70-per-cent-owned subsidiary Minera Águilas has received the necessary permits to start its exploration campaign in the

By Bloomberg Opinion Opinion piece by Leonid Bershidsky. The murder of three Russian journalists last week in a remote area of the Central African Republic, the world’s poorest country according to the World Bank, has turned a spotlight on what looks like a big Kremlin play for influence and resources in Africa. Where China has

By Reuters The Trump administration on Friday launched a review of Turkey’s duty-free access to U.S. markets under the Generalized System of Preferences after Ankara imposed retaliatory tariffs on U.S. goods in response to American steel and aluminum tariffs. The U.S. Trade Representative’s office said the review could affect $1.66 billion worth of Turkish imports

By Frank Holmes – U.S. Global Investors Last month in Venezuela’s capital city of Caracas, a cup of coffee would have set you back 2 million bolivars. That’s up from only 2,300 bolivars 12 months ago, meaning the price of a cup of joe has jumped nearly 87,000 percent, according to Bloomberg’s Café Con Leche

By Valentina Ruiz Leotaud Three years after the wastewater spill at the ancient Gold King mine in Colorado, the U.S. Environmental Protection Agency is still reviewing about 380 claims for lost income, fallen property values and other losses endured by people that live or work in the areas surrounding the mine. According to the Associated

By Reuters RIO DE JANEIRO, Aug 3 (Reuters) – Brazil’s mineral exports are expected to rise 2.5 percent in 2018 compared to the previous year to 410 million tonnes, as investment in the sector is projected to grow, industry group Ibram said on Friday. By value, mineral exports are expected to increase to $30 billion

By Frik Els The price of rhodium is up 272% since August 2016 with the platinum group metal hitting an eight year high last week. Like its sister metals, rhodium’s main application is to clean vehicle emissions and the price quoted by Johnson Matthey, the world’s number one manufacturer of autocatalysts, reached $2,350 an ounce