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.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Canadian miners performance beats global indexes in Q2
Index gained 9% from April to June, outperforming the S&P/TSX Composite index, which gained 6%, and the London Metal Exchange index, which gained 7% in the same period.
Athabasca near closing $1.32 billion sale of Dover oil sands to PetroChina
But CEO Sveinung Svarte won’t publicly say when that date will arrive.
Mexico copper mine spill pollutes water supplies 40 km from US border
While Canada and the U.S. look at Mount Polley disaster's aftermath, another big spill has contaminated rivers a bit further south.
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.
Papua New Guinea new mining law takes away Rio’s subsidiary rights
The ruling formalizes the Bougainville province's control of its own resources, which means the national PNG mining law no longer applies.
Australia may ban uranium sales to Russia as part of sanctions
Foreign Minister Julie Bishop said that sanctions to date had only been imposed on Russian individuals and companies but Australia could consider "other options".
Opponents of South Dakota uranium project demand more info
The Dewey-Burdock mine is expected to recover 1 million pounds of uranium annually for eight years.
Kinder Morgan merges assets in $70-billion deal
The merger is the largest in the energy sector in the last 15 years.
Coal oversupply to cap prices to 5-year-low
Not even higher seasonal demand expected as the Northern Hemisphere heads into winter will save coal from its free falling, analysts say.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
