Mine life will be extended until 2020 at minimum.
The company's gemstone mines are estimated to be worth $2.2 billion.
Gem sold for a whopping $1.8 million per carat.
Unit president had only been on board since last July.
K+S increases capital expenditure budget to $4 billion to meet construction costs.
Anglo Gold Ashanti and BHP Billiton paid salaries of National Union of Mineworkers members.
VIDEO: One of its policies is to process more mineral resources within the country.
Graphene inks have the potential to impact printed, flexible and foldable electronics.
The gem offers the same quality, colour and clarity as a mined diamond.
Company cites declining commodity prices and weaker currencies as part of a more challenging business environment.
The company has the gas centrifugal technology to fuel 430 nuclear power plants worldwide as well as make a nuclear bomb.
Established companies have an opportunity to find bargain deals if the price of gold falls further.
Retailers in both countries report huge sales boosts as consumers flock to stores.
Gas explosion and roof collapse spur rescue efforts.
Federal government re-starts skilled-worker program on May 4.
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Government mandates 30 business day process between company and workers.
The company cited low prices and productivity as reasons for the decision.
Company forecasts 13.4 million carats during the mine's 25-year life.
The country's production will approach 90 million tonnes a year by 2018.
The rough stone was pulled from the famous Cullinan mine in South Africa.
Labour disputes also affected the country's gross domestic product and credit rating.
Court cites environmental and social concerns for overruling approval.
The company forecasts an output of 2 million tonnes by next year.
It aims to increase output to 19 million tonnes by 2020.