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Long-term volatility in the iron-ore price is expected to be more moderate as the biggest producers, including Rio Tinto and BHP Billiton (BHPB), are increasingly able to respond to supply and demand issues, according to minerals consultancy AME Group.

A gold shipment from Barrick Gold Corp’s 60%-owned Pueblo Viejo mine in the Dominican Republic has been released after the consignment was halted for five days due to customs officials requesting further information.

Production and Markets Lucara Diamond Corp said it had recovered a 239.2ct diamond from its Karowe mine in Botswana; one of the largest discovered at the Orapa kimberlite field in over 40 years, Lucara’s president and chief executive, William Lamb, said. The company also recovered two large stones weighing 124ct and 71.1ct from the central kimberlite domain, which was recently …

Production and Markets Publishing Date 11 Mar 2013 12:35pm GMT Production at two more of Exxaro Resources Ltd’s coal operations in South Africa has been suspended as miners went on illegal strike, the company said. Five of the company’s eight mines have now stopped production due to industrial action. Production stopped at its Inyanda operation today (March 11) as miners downed tools. Reuters

Rock and Stock Investments is a geoscience consultancy established in January 2000 to cater to the needs of the earth science fraternity. We are primarily concerned with the provision of geological services and expertise to the geological and mining fraternity and provide a complete geological solution to the industry with a high level of service and expertise at an affordable …

ALTA 2013 will be held 25 May to 1 June 2013 at Crown Perth, Western Australia. ALTA conferences have become established as major events on the international industry calendar. ALTA conferences and exhibitions are an established major international event in the metallurgical sector.  They are organised around highly focused programs, qualified international speakers, and key industry delegates from the country and worldwide.

The assembly is a corporate development focused meeting designed for attendees to meet and discus new business development opportunities both in Asia and internationally. Dill flow and capital emanating to and from the continent, how to successfully access Asia’s capital market and investors. The event brings together 500 senior oil and gas executives from across the upstream, midstream, LNG, banking, …

China National Petroleum Corp, the country’s largest oil and gas producer, said on Tuesday that it has established two national-level shale gas fields with 23 wells. One of the fields is located in Changning-Weiyuan, Sichuan province, and the other is in Zhaotong, Yunnan province. The company said it owns the intellectual property rights of four sets of exploration technologies.

China plans to restructure the National Energy Administration (NEA) in order to streamline the administrative and regulatory systems of the energy sector, according to a report delivered by State Councilor Ma Kai to the parliament’s annual session on Sunday. The new NEA will incorporate the functions of the State Electricity Regulatory Commission, Ma said in the report on the institutional …

The Ministry of Railways announced Wednesday that fixed-assets investment in railways climbed to 37.63 billion yuan ($6.05 billion) in the first two months of 2013, a jump of 25.7 percent year-on-year. The growth has slowed compared with a growth rate of 70.9 percent year-on-year in January, the ministry said. The growth of railway infrastructure construction investment also slowed in January …