Arctic region's vast riches set to attract over $100 billion in investments over the next decade.
Despite the gloomy results, the commodities giant revenues for the year jumped 9% to $232.6 billion
Safe haven buying and a weaker dollar boost gold price amid escalating tensions between Russia and the West.
Major producers are cutting down production as they postpone or sell off costly operations.
Ukraine has two major shale gas production deals with Chevron and Shell.
'2013 is likely to go down as one of the worst years in the history of the fertilizer industry,' the Motley Fool recently wrote.
The miner believes rough diamonds prices will soar next year.
The transaction creates a diversified, Americas-based mid-tier gold producer that would generate the equivalent of 250,000 to 270,000 ounces of gold next year.
Mikhail Prokhorov acquired Mercator Minerals through a friendly merger with his company Intergeo MMC.
A steady diamond demand in Europe, paired with an ever growing appetite for these precious stones in China and India, are to blame, says Alrosa.
Market struggling with oversupply.
One mining company says that zeppelins are its best transportation option.
Canada accounted for just over 13% of the total, the smallest share in 14 years. The DRC made it to the top 10 mining destinations for the first time.
The move could lead to a revival of the world's largest potash export cartel between Uralkali and Belaruskali.
This compares to the $379 per tonne averaged during the first eight months of 2013.
Toronto-based firm's revenues and profits come in ahead of expectations amid tough times for gold miners.
But not a long-term threat to the OPEC.
The Mir mine was once the world's largest open pit diamond mine.
According to the Russian Ministry of Natural Resources, the country has the second largest gold reserves in the world at 12,500 tonnes (over 400 million ounces).
World's No.1 potash producer expects global demand to reach between 58 and 60 million tons next year.
Alexander Nesis has pumped $1 billion into REE projects so far.
The firm could become one of very few pure listed diamond miners.
It is not clear whether Moscow does intend to press charges against Baumgertner, or whether it is a means to get him back to Russia, say analysts.
Sale's final price to be announced on Oct. 28.
The up to 300,000oz per year Dvoinoye mine, located in Russia's Chukotka region, near the company's Kupol operation started commercial production in October.
Americans currently import close to 10 million barrels of crude per day and Canadian oil accounts for 30% of that total.
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