The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."
The value of diamonds seems to have transcended our physical world and taken a privileged place in the universe of Minecraft, an increasingly popular Lego style adventure game.
It has set a world auction record on a per-carat basis for a gem of this colour.
Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.
Anglo's chief warned the company plans to take severe measures over the next two years.
The kimberlite pipe is located at the Lomonosov deposit in northern Russia.
At the 2014 Hong Kong Gem & Jewellery Fair.
Attested by major research institutes, IIa’s diamond plates are ideal for sophisticated medical and technological applications
Each of the diamonds in the ring is laser inscribed with a serial number.
The diamond was soon recovered and returned to its owner.
Northwest Territories, the northern Canadian region known for diamond mining, is giving a leg up to exploration companies through an incentive program it first rolled out in June.
Canadian Prime Minister Stephen Harper announced the discovery of one of two ships that comprised Sir John Franklin's ill-fated expedition in 1845, which has revived interest in the metals wealth of the Arctic and its ownership.
Fresh data suggests it is still too early to celebrate a recovery in the sector.
Scientists have discovered how to produce ultra-thin diamond nanothreads, a sort of very strongnanotubes, which could prove to be stronger and hardier element currently available.
Diamonds from Rio Tinto’s Argyle mine in Western Australia will be showcased across China in an unprecedented fashion from next month, headlined by a special white and champagne diamond encrusted tiara.
The mechanism to buy and sell rough diamonds is bizarre. Diamonds are sold in “boxes”, collections of diamonds with similar characteristics, where values ranging from $100,000 to $1.5 million
Vice-president becomes acting president.
In its first ever public report on the state of the diamond industry, diamond miner and retailer De Beers paints a picture of an industry that will likely struggle to meet future demand while also facing increasing competition from other luxury…
But new report by De Beers cautions that declining production could see the industry lose ground to other categories.
Coffin believes that in the short term a price of $1,200/oz is possible, though there is room now for an oversold bounce.
Diamond, graphite and silicon carbide to name a few.
Kennady Diamonds Inc. controls 100 percent of the Kennady North diamond project located immediately to the north, west and south of the Gahcho Kué diamond mine currently under development by De Beers and Mountain Province Diamonds.
Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.
Company says the agreement will provide additional resources to transition quickly into the construction phase of the project.
Platinum and gold sectors among the worst performers due to labour strikes that cripple the industry early this year.
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