Rio Tinto Group, the world’s third- largest mining company, said its Bunder project in India is the world’s biggest diamond discovery in the past 10 years. “It’s in a pre-feasibility study right now so a major drilling program is under way to define the resource,”...
London-listed Eurasian Natural Resources Corporation Plc has been on a takeover spree over the past year, using its cash pile to buy assets mostly in Africa to build up a broad-based mining house focused on emerging markets. “ENRC’s objective… is to...
London-based Anglo American’s board is expected to approve the development of the Quellaveco copper project in southern Peru’s Moquegua region by year-end, according to Jose Fernandez-Baca, the company’s administration and finance manager in Peru....
Leftist guerrillas have sabotaged a number of mining vehicles at a mine owned by Anglo American, BHP Billiton and Xstrata in Colombia. The owners of the Cerrejon Norte mine said in a statement that armed insurgents from the Revolutionary Armed Forces of Colombia,...
Jubilee Debt Campaign, which works for the cancellation of unpayable and unjust poor country debts, says it wants the Export Credits Guarantee Department (ECGD) reformed, not abolished. Responding to press reports that the ECGD is “under review” as part of the...
Chilean miner Antofagasta Minerals, a subsidiary of London-based Antofagasta plc, is continuing to develop its Antucoya copper project as planned. See http://www.bnamericas.com/news/mining/Antofagasta_Minerals_continues_Antucoya_development_as_planned/206585863.
