It also revised its guidance for 2015 down, saying sales and revenues for the year are now expected to be about $48 billion—$1 billion lower than the previous outlook.
As the deep sea mining industry chases investors at the Asia Pacific Deep Sea Mining Summit, a new critique by the Deep Sea Mining Campaign reveals indefensible flaws in the Environmental and Social Benchmarking Analysis of the Solwara 1 project commissioned by Nautilus Minerals.
This year capital and exploration spending at BHP will be $13 billion less than in 2013, leaving the world's largest miner with a single greenfield project.
Photo by Duncan Pay © GIA | Courtesy of The Smithsonian Institution. Emeralds and rubies miner Gemfields (LON:GEM) said Wednesday an independent report by consultancy firm SRK shows the Kagem mine in Zambia is set to produce 1.10 billion carats …
This week, we show the geological conditions for how jade forms, the booming market in BC, and also how jade goes from boulder to the market.
Increase in rough diamond supply through 2020 forecast as two major mines enter production next year says new report by diamond giant.
Rio Tinto’s iconic Argyle Pink Diamonds Tender, comprising 65 of the world’s rarest pink and red diamonds, is being showcased in Hong Kong as part of its global tour.
But the company is on track to reach its longer-term target of about 5 million carats of diamond production a year by 2019.
"Blue Moon" is expected to fetch up to $55 million when it goes under Sotheby's hammer on Nov. 11, in Geneva.
First Arab country to hold this position.
Shares in the Africa-focused diamond miner climbed almost 6% after it revealed the Mothae kimberlite project in Lesotho may be more profitable than previously assumed.
The company hopes to begin mining from the Jay pit before Ekati's existing reserves run out in 2020, and so avoid laying off workers.
As mining companies in resource-rich Africa bleed jobs due to plunging commodity prices, the ripple effect of redundancies has raised concern about social unrest amid declining economic growth.
Chinese doctors extracted a the 6-carat gemstone from the large intestine of a Chinese woman accused of stealing it from a jewellery fair.
The company, a joint venture between Botswana and De Beers, said the measure follows a downturn in the global diamond market.
A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.
The London-listed precious stones miner plans to buy two emerald projects in Colombia.
Since the recovery of the first large diamond from the Karowe mine in 2013, Lucara has found 216 gems, which it has sold for more than $250,000 each.
CHART: The commodity slump has slashed major miners' market valuations to 60–88% below 2011 highs.
Players debated current state and future prospects of the diamond industry.
The finding is more than double the age of the previous oldest known occurrence of reidite, believed to have formed about 450 million years ago.
The diamond industry is still tainted by conflict, but it's possible to buy a jewel that helps people—instead of hurting them.
The 64-year-old American-Belgian citizen has become the first businessman ever arrested for suspected involvement in the illegal trade of “blood” diamonds.
With the only exception of gold, production numbers for most other commodities mined in the Central African nation are also expected to decline this year.
The Report is to inform a wider audience about ALROSA's major contribution to three areas of sustainable development: economy, environment and social systems.
A Saskatchewan craftsman is preparing to cut "Esperanza," one of the finest diamonds ever unearthed in Arkansas.
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