The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.
Diamond Mining News
Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.
A family-run Yorkshire firm has just dispatched its largest order – nearly three miles of hoses to a diamond mine in Angola.
The court said it cannot interfere in the diplomatic process nor can it direct another country to not auction the gem.
Production for the first three months of the year slumped 37% compared with the same period of 2016.
Kashif Khan wants Canadian investors to get acquainted with some unusual diamonds
The company has repeatedly offered to engage with Washington Corp on "customary terms," according to Chairman Jim Gowans, but that has not happened.
Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
Much of the world’s uranium comes from Saskatchewan, while Alberta is known for its bitumen and various forms of coal. But the West is earning a reputation as a major source of gems and precious metals, especially those high in demand in Asia-Pacific markets.
Russia's Federal Security Service is investigating the world's top diamond producer in relation to assets sales dating back years.
The amount is linked to what is known as “transfer pricing” between Rio Tinto’s Australian operations and its Singapore office.
Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.
The stock shot up 13% in London Wednesday after Firestone announced it had unearthed an 110-carat yellow diamond, it’s biggest find so far at its Liqhobong mine.
Strategy is part of Dominion's goal of securing the best deal possible for all its shareholders.
Alrosa, the world’s largest diamond miner by output in carats, has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre.
The stunning 59.6-carat diamond smashed the $60 million pre-sale estimate set by Sotheby's at Tuesday's auction in Hong Kong.
The world’s No.1 diamond miner by value, reported a 4.9% rise in sales during the third cycle of the year, on the back of a global recovery in prices and demand.
The new law, which will come into force in 2021, requires importers to ensure their business do not contribute to armed conflicts.
The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, today announced that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading Hong Kong and Mainland China jewellery retailer.
Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining sector consultancy.
Rio Tinto has appointed Patrick Boitumelo as President and Chief operating officer, Diavik Diamond Mines.
Experts predict the plum-size internally flawless pink gem could fetch over $60 million in Hong Kong next month.
Dubai Diamond Exchange (DDE) paved the landmark of 1000 members: Arslanian Group DMCC to become DDE’s 1000th member
The Dubai Diamond Exchange (DDE), the GCC’s only diamond and coloured stones trading platform, and home to some of the world’s most renowned jewellery manufacturers, retailers and traders yesterday announced it had paved the symbolic target of 1000 members.
It has acquired the 50% interest French luxury goods group LVMH had in De Beers Diamond Jewellers for an undisclosed amount.
Montana-based Washington Co is offering 36% above the closing price of the Canadian miner’s shares on Friday.