Appointment of Monurent to provide and maintain fleet for owner mining operation at the New Liberty Gold Project in Liberia

Barrick Gold reported on Thursday that net income in the fourth quarter was up 57% to US$947 million or 95 cents a share, a record result for the world's-largest gold miner. In the same quarter in 2009, Barrick reported US$604 million net income or 61 cents a share. The company produced 1.7 million ounces of gold at a total cash cost of $486 per ounce. Gold production in 2011 is expected to be similar to 2010.

Swedish mining equipment manufacturer Atlas Copco has received one of its biggest ever orders from the world’s largest primary silver miner.

Indonesia’s chief economic minister said a group of Russian investors plan to invest $3bn in a nickel smelter on Halmahera island with […]

Colorado-based Connors Drilling and sister company, Sanderson Drilling of Western Australia have purchased the assets of the Surface Diamond Division of Swick Mining Services (ASX: SWK) of Australia.

Two of the world’s largest mining bourses are talking about a merger, according to two major newspapers who broke the story on […]

Teck Resources Limited announced earnings in 2010 of $1.5 billion or $2.62 a share. Earning were 36% better than the $1.1 billion […]

Antwerp judicial authorities have uncovered a fraud involving forged diamond certificates. Diamonds worth 22 million euros were transported to Antwerp illegally using […]