Europe

Treasure hunt madness after $20,000 diamond falls from the sky

Cecilia Jamasmie | August 20, 2014
Treasure hunt madness after $20,000 diamond falls from space

The gem is believed to have landed in a field near the village of Lea in Gainsborough, England.

Aggressive cost-cutting boosts silver miner Hochschild core profit

Cecilia Jamasmie | August 20, 2014
Aggressive cost-cutting boosts silver miner Hochschild core profit

Increased output from its mines in Peru and Argentina also helped the company slash first-half interim loss.

Platinum, palladium prices are tanking

Frik Els | August 20, 2014
Platinum, palladium prices are tanking

Supply fears have pushed prices higher, but industry worries are shifting to softening demand.

Glasenberg: 'Supercycle ain't over' – demand 'higher than it’s ever been'

Frik Els | August 20, 2014
Glasenberg: 'Supercycle ain't over' - demand 'higher than it’s ever been'

Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.

Oilprice.com

Ukraine's next crisis? Economic disaster

Oilprice.com | August 19, 2014
Ukraines next crisis economic disaster

Conflict forcing coal mines to cut output, close.

Palladium skyrockets on Russia tensions, hits 13-year high

Cecilia Jamasmie | August 18, 2014
Palladium skyrockets on Russia tensions, hits 13-year high

It hit $900 a troy ounce for the first time since 2001.

Cecilia Jamasmie

Demerged BHP may not hold on to coal assets for long: analysts

Cecilia Jamasmie | August 18, 2014
Demerged BHP may not hold on to coal assets for long: analysts

The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.

Global diamond supply in a single chart

Michael Allan McCrae | August 17, 2014
diamond supply feat

Is the rough diamond industry a monopoly, oligopoly, or neither?

INFOGRAPHIC: The top ten nations stockpiling gold

Michael Allan McCrae | August 17, 2014
stockpiling gold

USA. USA.

This pink diamond may become one of the most valuable gems ever sold

Cecilia Jamasmie | August 15, 2014
This pink diamond may become one of the most valuable gems ever sold

The diamond is expected to fetch between $12.8 million and $15.4 million at auction on October 7.

Denmark produces one third of its electricity from wind

Statista | August 15, 2014
Denmark produces one third of its electricity from wind feat

Country well on way to goal of 50% wind power by 2020.

VIDEO: 117-year old London silver fix ends

Frik Els | August 15, 2014
VIDEO: 117-year old London silver fix ends

But participants setting benchmark price for $5 trillion market still not known.

BHP says demerger preferred option

Frik Els | August 15, 2014
BHP says demerger preferred option

Decision to to lob off Billiton assets could come as early as next week.

End of the line for Colombia's 'growth locomotive'

MINING.com Editor | August 14, 2014
Colombian 'growth locomotive' finished

Central banker says mining and energy boom has passed.

No end in sight for Centamin legal fight over gold mine in Egypt

Cecilia Jamasmie | August 14, 2014
No end in sight for Centamin legal fight over gold mine in Egypt

An appeal case on the company’s right to mine in Egypt is seen taking until next year to resolve.

New York court to rule on most London gold fix lawsuits

Cecilia Jamasmie | August 14, 2014
New York court to rule on most London gold fix lawsuits

The 18 cases will be sent to U.S. District Judge Valerie Caproni in Manhattan, who has already been overseeing a putative class-action against the five banks that make up the fix.

K+S profit down on low potash prices

Jeffrey Richmond | August 14, 2014
k+s profit down on low potash prices feat

Q2 earnings down despite strong demand, insurance payout.

Copper dives to 8-week low

Frik Els | August 14, 2014
Copper dives to 8-week low

Dismal European economic growth figures and more signs of Chinese slowdown dents price of red metal.

Uranium price building on gains

Frik Els | August 14, 2014
Uranium price building on gains

Way to early to for uranium stock investors to rejoice, but after eight straight sessions of gains the market seems to be entering recovery mode.

Guinea on national emergency over Ebola, mining operations threatened

Cecilia Jamasmie | August 14, 2014
Guinea on national emergency over Ebola, mining operations threatened

Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.

Western gold jewelry buyers come roaring back

Frik Els | August 14, 2014
Western gold jewelry buyers come roaring back

Q2 study shows decline in global gold demand, but US and UK jewelry buying surges and central banks add to holdings for a 14th straight quarter.

VIDEO: May's devastating flooding that hit Bosnia and Herzegovina

Michael Allan McCrae | August 13, 2014
serbia coal mine feat

Aid from ArcelorMittal.

This $2 million red diamond is the hero in Rio’s annual tender

Cecilia Jamasmie | August 12, 2014
This $2 million red diamond is the hero in Rio’s annual tender

In the 30 years Rio Tinto's Argyle Pink Diamonds have been tendering the rare gems, only 13 red diamonds have been brought in.

French workers kept buried treasure 'buried'

Jeffrey Richmond | August 12, 2014
french workers kept buried treasure 'buried' feat

Landscapers allegedly stole $1.2M in gold discovered on couple's property.

Canada needs to refine its oil sands ambitions

Globe and Mail | August 12, 2014
canada_oil_sands

Despite European hostility toward “dirty” oil from Canada, refiners there may look more to Alberta for supply as price differentials and sanctions on Russia whet their appetite.

Participants in new silver fix ‘unclear’ three days before it goes live

Cecilia Jamasmie | August 12, 2014
Participants in new silver fix ‘unclear’ three days before it goes live

No bank has publicly stepped forward to say they will be involved in the new silver benchmark.

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