Commodities storming back into bull market
Most analysts believe the commodities market has turned a corner and that prices are unlikely to return to lows seen in the past year.
Cecilia Jamasmie , Editor-in-Chief
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Ex LME CEO to set up new metals trading platform for London
Martin Abbot says brokers are unhappy with the exchange's new fees as well as the sense that the LME is moving away from its traditional metals trading roots.
Key expansions at iconic Canadian diamond mines hit by setbacks
While Dominion Diamond has pushed construction of Ekati’s new Jay pipe to 2018, Rio has said that a denial of a request to change its water licence could have an adverse impact on Diavik.
Tutankhamun had a dagger made of iron from meteorite
Scientists say the high manufacturing quality of the blade in comparison with other simple-shaped artefacts suggests a significant mastery of iron working in the Egyptian boy king's time.
South African gold miners to appeal silicosis ruling
They will dispute the country's High Court decision last month to allow a class action suit seeking damages for up to half a million miners who contracted silicosis and tuberculosis.
Low coal prices force Glencore to shut Australia’s Tahmoor mine
About 350 people will lose their jobs when the mine closes in early 2019.
Joy Global surprises with quarterly profit, shares jump
The results, which surpassed Wall Street expectations, come on the back of a modest increase in service sales and aggressive cost cuts.
Sirius Minerals lines up contractors for huge potash mine, may lower cost estimates
Sirius' mine, located beneath a U.K. national park, is set to generate an initial 10 million tonnes per year of polyhalite – a form of potash.
Gold down on US manufacturing data, interest speculation
While the metal lost nearly 6% in May, its biggest decline in six months, it is up about 15% so far this year.
‘Aurora Green’ diamond smashes records after fetching $16.8 million
It set a world auction record for a green diamond and became the highest price per carat ever paid for a gem that colour.
Newmont eyes 5M-ounce boost from Lihir gold mine
Management noted progress in growth projects, including regulatory approvals for Red Chris, and Cadia resuming production.