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Cement prices surge to Rs850

Sky-rocketing coal prices, squeezed supplies and other similar issues have caused a surge in cement prices that has subsequently led to an increased cost of construction.In the last 60 days (since Jan 15), the per-bag cement price has increased by Rs160 and it may...

Rio Tinto goes after Turquoise Hill in $2.7 billion bid

Oyu Tolgoi is Rio’s biggest copper growth project but has faced geological challenges. (Image courtesy of Rio Tinto.) Rio Tinto has offered $2.7 billion for the 49% of shares it doesn’t already own in Canada’s Turquoise Hill Resources (TSX, NYSE: TRQ) in a move that...

FLSmidth recruits Microsoft to advance digital mining

Image: FLSmidth FLSmidth has signed an agreement with Microsoft to accelerate its digital journey and further advance its MissionZero sustainability ambition for the mining and cement industries. The collaboration will co-innovate and improve FLSmidth’s existing...

Meteorite discovery highlights space mining potential

Seamus Anderson with the meteorite found using drone technology. Latest News Drone technology has allowed researchers from Curtin University to study the potential of mining asteroids as a source of rare elements, following the successful discovery of a meteorite in...