Irish mining company Kenmare Resources is confident of improving profits and meeting full-year production targets despite turbulent weather in its focus country of Mozambique damaging first-half profitability.

It may seem strange in this overheating world to talk about sacred landscapes, sacred refuges.

Irish mining firm Kenmare Resources has confirmed it will pay a first-ever dividend to shareholders in October, after posting a significant rise in revenues and profits for 2018.

Mining will buy rival Goldcorp in a deal valued at $10bn (€8.7bn), creating the world’s largest gold miner and cementing a return of mergers and acquisitions to the industry.

The collapse of pillars as a result of recent mining operations has been cited as the "probably reason" that a large sinkhole opened on the grounds of Magheracloone GAA Club in Monaghan.

A Canadian firm has formally put plans in place to develop a mine in Northern Ireland.

Kenmare Resources has forecast increased production for the second half of this year as conditions continue to improve at its operations in southern Africa.

Shares in Irish mining firm Kenmare Resources surged nearly 29% yesterday on the back of it copperfastening a deal that will slash its debt by over $200m (€258m).

Commercialisation of the potentially lucrative Spanish mineral mine being developed by Co Meath-based prospecting firm, Ormonde Mining, is likely to be delayed until next year.

The search is on for information or descendants of Irishmen killed 150 years ago in the worst mining disaster in English history.

Irish mineral prospector Botswana Diamonds has reported a near 7% decline in first-half losses.

Caterpillar is planning another round of job cuts that could exceed 10,000 people through until 2018, as the construction and mining equipment maker adjusts to downturns in key markets that it serves.

London’s Ftse 100 collapsed below the 6000 mark yesterday as volatility hit markets across Europe again after a concerted sell-off among miners.

Mining and commodities trading firm Glencore yesterday said it would suspend dividends, sell assets, and raise $2.5bn (€2.24bn) in a new share issue to cut its debt by a third to $20bn by the end of next year.