mining Tag

The Philippine environment minister has confirmed that a ban on new open pit mining will remain in place after President Rodrigo Duterte rejected a government panel recommending a reversal. The ban was implemented in April by former environment minister Regina Lopez who claimed that the process...

A diamond necklace featuring the largest ever D-flawless, emerald cut diamond has sold for US$33.7 million at an auction at Christie’s in Geneva, Switzerland. The 163-carat precious stone was first discovered in 2016 by Australian miner Lucapa Diamond in Angola. The original 404-carat rough stone is...

Caterpillar (NYSE:CAT) has reported a significant 25% jump in revenue in its third quarter 2017 performance report, resulting in a 7% rise in the company’s share price. The world’s biggest construction and mining equipment supplier smashed past market estimates with Q3 earnings of US$1.95 per share...

West Africa-focused mining junior Cora Gold has listed on London’s alternative investment market (AIM), raising US$4.5 million towards exploration activity at its flagship Sanankoro project in Mali. The capital raising from the float gives the company a market capitalisation of around $11.9 million, while most of...