Diamonds may be forever, but current prices are not— experts
Despite billions spent on exploration, only around 30 significant diamond mines are currently in production.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Caterpillar to sell its Rantigny plant in France
Over the past year, Caterpillar has closed or announced plans to shutter several plants in the US, Canada and Europe.
Canada to lose 695 coal mining jobs in same province bringing Chinese workers
While Walter Energy shuts down two coal mines, leaving hundreds unemployed, HD Mining International plans to bring up to 480 Chinese workers to British Columbia.
Barclays is the next big bank pulling out of commodities: report
The English bank is planning to sell large parts of its metals, agricultural and energy business.
US first rare earth mine in decades may be in Wyoming
At the moment about 90% of the world’s rare earths —used in a variety of industries including green technology, defence systems and consumer electronics— come from China.
Gold mining comes back to Nova Scotia
The Canadian province has experienced three relatively short-lived gold rushes over the past 150 years, but the persistent issue has been profitably. Now, the problem seems finally resolved.
Scientists find ‘easy’ way to extract rare earths from seafloor
The new method simplifies the process and may push miners to try securing more licences to explore the seabed.
China coal mine death toll rises to 21
Last year alone 1,049 people were killed or went missing in mining-related accidents in the nation, the world’s largest consumer of coal.
Peru set to regain world’s second largest copper producer place this year
The South American nation lost the title to China in 2012.
China, Japan and ‘mystery local billionaire’ potential developers of Oakajee project
While the WA government is favours Chinese capitals, Australian junior Padbury Mining says it has secured $6.5 billion to take over the project, but refuses to reveal backer's name.
Coal demand hits fresh high as US output rises — IEA
Coal keeps defying forecasts, with US output rebounding even as clean energy expands and long-term demand finally nears a peak.
