World’s largest diamond found in 100 years goes under the hammer
CEO of Lucara Diamond, the company that found it, is urging the potential buyer to leave it untouched.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
These five coal miners spent $95 million on lobbying before going bankrupt
Report claims that Walter Energy, Patriot Coal, Alpha Natural Resources, Arch Coal and Peabody Energy also allocated more than half a billion dollars for top executives salaries in decade before going bankrupt.
Copper is soaring, hits 7-week high
Thanks in part to a weak US dollar and the chance of monetary policy easing in China, responsible for nearly half of global metals demand.
Canada oil sands output to grow 1 million barrels daily by 2025
The 42%-growth to 3.4 million barrels per day by 2025 will come from the expansion of existing facilities rather than new projects, IHS says.
K+S warns Q2 profit dramatically lower than a year earlier, shares collapse
The German fertilizer producer blamed weak prices, production outages and scarce sales for the poor results.
Kyrgyz authorities hand Centerra Gold final permit to keep Kumtor mine running
Kumtor mine is the country's largest private sector employer and taxpayer and Centerra’s main gold producing mine.
BHP hikes exploration spending to focus mostly on copper, oil
It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.
Brexit: Gold, metals, markets react as Britain chooses to leave the EU
Gold climbs the most in eight years, while copper and oil fall.
Russia-Belarus potash pact may stage a comeback
Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.
Centerra Gold to keep Kumtor mine open as Kyrgyzstan hands key permits
The company is yet to receive an approval of its Kumtor’s 2016 mine plan, which it requires to continue operating the mine beyond June 30.
McEwen Copper seeks $4B to advance Los Azules
Global lenders, agencies and partners line up funding as Argentina re-emerges as a key copper investment destination.