‘Perfect’ 59.6-carat pink diamond set to break records in new auction
Experts predict the plum-size internally flawless pink gem could fetch over $60 million in Hong Kong next month.
Cecilia Jamasmie , Editor-in-Chief
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Donald Trump approves Keystone XL pipeline
He said the project would employ 28,000 people, with TransCanada predicting only 13,000 temporary construction jobs and the US State Department saying only 50 of them will be permanent positions.
Mosaic to pay hefty fine over accident at its Colonsay potash mine
Mosaic was charged with fines of more than more than $85,000 after a worker's leg was crushed in a conveyer in February 2014.
BHP’s Escondida mine strike becomes Chile’s longest, ends with no deal
Workers ended their strike and invoked a rarely used legal provision that allows them to extend their old contract, which leaves them in the exact same situation they were before they downed tools.
De Beers becomes sole owner of jewellery brand, buys out retail partner LVMH
It has acquired the 50% interest French luxury goods group LVMH had in De Beers Diamond Jewellers for an undisclosed amount.
RNC Minerals partners with Waterton in Quebec nickel mine
Joint venture will focus on nickel assets, particularly the Quebec-based Dumont project, which is expected to become the world's fifth largest nickel sulphide mine.
Silver Wheaton may soon be named Wheaton Precious Metals
The Vancouver-based precious metals streaming company announced the plan while posting a fourth quarter revenue increase of 29% to $258 million, up from $200 million last year.
Iron ore miners worst nightmare just came true — prices tank
Prices for the raw material have dropped below $90 a tonne as doubts gather about the strength of demand in China at stockpiles hit record highs.
Minco shares soar on possible takeover by Dalradian Resources
The deal would transfer control of Minco's 2% net smelter return royalty on the Curraghinalt gold deposit in Northern Ireland, which Dalradian is currently developing.
Illegal gold mining in Venezuela causing deaths, malaria, gang fights and deforestation
A three-year recession in Venezuela paired with ramping inflation and food shortages has prompted many mining for gold in mafia-run illicit operations.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.