Mining News

United Nuclear Selling “Radioactive Element” Soaps

nuclear glow soap

  Be refreshed by scrubbing yourself with these glow-in-the-dark radioactive soaps. United Nuclear is now offering glow-in-the-dark soaps. The design is somewhat like a tile from your periodic table with radioactive element prints such as radium, plutonium and uranium. But don’t worry because these are not really made of the radioactive elements. United Nuclear stated that … Read more

“The Blue” Sold for $24 Million

the blue

“The Blue,” world’s largest flawless vivid blue diamond has been sold in an auction for $24 million. The pear-shaped diamond was auctioned by Christie’s International, making it the world’s top auction house once again. The company got $154.2 million during their spring auction. The diamond was sold to Harry Winston. He rechristened the diamond to “Wilson Blue. ” … Read more

Peru and Colombia to Battle Illegal Gold Mining

colombia peru

Daniel Urresti, Peru’s High Commissioner for Formalization of Mining, stated that they have partnered with Colombia to fight illegal gold mining in their countries. The government of Peru is very firm about the new law as illegal mining have imposed harms on the environment and public health. They have started the illegal mining ban last  April 19. Government … Read more

Acid Leakage at Goro Nickel Processing Plant and Mine in New Caledonia

Goro Nickel Processing Plant and Mine

  Vale, as well as New Caledonia Southern Province president Cynthia Ligeard, has suspended the operations in Goro Nickel Processing Plant and Mine after an acid leakage. According to Vale, the leakage was because of a misconfiguration of circuits responsible for transferring of solutions between its two retention ponds. The company however did not confirm what the … Read more

Newmont Mining will Ramp Down its Production in Batu Hijau

Batu Hijau

Newmont Mining Corp. (NYSE: NEM), a US-based mining company, could possibly ramp down their gold and copper mining operations in Indonesia. This is due to the uplifted mining taxes imposed by their government. Earlier this year, the government of Indonesia increased their tax to 25% and expect to uplift it to up to 35% by … Read more

Kibali Gold Mine Officially Opens Today

kibali gold project

The Kibali gold mine, located in  Democratic Republic of Congo (DRC), officially opened today. The mine is a joint venture of 2 mining giants Randgold Resources (LSE: RRS) (NASDAQ: GOLD) and AngloGold Ashanti (NYSE: AU). Kibanki gold mine is expected to be one of the biggest gold mines in Africa once it is on its full operation. It … Read more

“Underwater Desert” in Surigao, Philippines, Due to Mining

surigao mining

An “underground desert” is forming in Malimono, Surigao del Norte, Philippines, due to excessive mining activities. A non-government group Hinatuan Passage Development Alliance (HIPADA) Marine Monitoring Team has done underwater survey from December 2013 to March 2014 to check how the marine life is in the town. Unfortunately, they have seen how corals and marine life have been … Read more

GoldCorp Will Not Upsurge its Osisko Bid

Malartic

Goldcorp, the world’s second-largest gold mining company, has confirmed that they will not upsurge their C$3.6 Billion bid to acquire Osisko Mining, a Quebec-based mining company. Goldcorp plans to increase its gold output to up to 50%, therefore, acquiring Osisko could possibly make it possible. It could be a good option as they may be … Read more

King Gee’s G2 Compression Workwear Ideal for Miners

king gee g2

King Gee, a reputable clothing company, has released the revolutionary new G2 Compression Workwear. Ideal for miners, it “targets key muscles to reduce soreness and improves recovery.” G2 project team leader Nicholas Gronier  has spoken with Australian Miner as to how beneficial their new G2 Compression Workwear is. He has explained how the clothing was improved … Read more