De Beers changing its diamond sales model
The world's largest diamond miner by market value said it will adopt a more flexible sales approach.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Indonesia lifts six-month ban of metal concentrate exports
The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.
London Metal Exchange traders fined for standing up
Following a 19th century tradition traders today must sit on the red leather sofas arranged in a 20-foot diameter inner ring.
South Portland bans Canada’s oil sands
Enbridge's Line 9 reversal project threatened after Maine city council opposes exporting Alberta oil.
Newcrest shareholders sue miner over disclosure breaches
The miner, which has already settled for $1.2 million with the Australian Securities and Investments Commission, has vowed to vigorously defend the class action.
Opposition, new safety rules to test the oil by rail model
Pipelines, however, have proven to be neither an easier nor a cheaper solution.
Work resumes at New Zealand Escarpment coal mine
Current activities are paving way for coal storage, site infrastructure and initial earthworks for the installation of water management systems.
Anglo American platinum names mines to be sold
The mines account for over half of the company's workforce but only a quarter of production.
Diamond miner Alrosa’s output down 16%
The world's No.1 diamond company by output also said its diamond production dipped in the first half of 2014 by 7%, standing at 15.9 million carats.
China’s MMG board grants undivided approval for $5.85bn Las Bambas buy
Las Bambas will be one of the world’s largest copper mines after it starts up in 2015, with annual output equivalent to more than twice the amount of copper MMG currently produces.
Tiernan Gold set to debut on TSX Venture Exchange
Tiernan Gold heads to the TSXV with a flagship Chile project and Hochschild as its top shareholder.
