Russia’s Alrosa to export 36 million carats of diamonds in 2014
The miner believes rough diamonds prices will soar next year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Chinese coal billionaire drowning under $5bn pile of debt
Analysts say the situation is nothing but a reminder of the thin dividing line between China’s banks and its “shadow” lending industry.
BHP shuts Perseverance nickel mine on safety worries
200 jobs will be cut.
US oil output to reach near record high in 2016
Mainly thanks to improvements in the techniques of horizontal drilling and fracking, says the EIA.
Primero Mining buys Brigus Gold for $208 million
The transaction creates a diversified, Americas-based mid-tier gold producer that would generate the equivalent of 250,000 to 270,000 ounces of gold next year.
Brazil’s Vale sells two of its copper mines in Chile
Vale got $25 million for the mines, way below the $200 million it had invested on them.
Australia’s promise to assist BHP with its Olympic Dam expansion
South Australian Premier, Jay Weatherill, has reproached the federal government for saying BHP could resume its Olympic Dam expansion within months, calling it a "cruel hoax."
Peru’s mining attracted close to $9bn in investments this year
The potential is appealing. Peru holds13% of the world's copper reserves, 4% of gold, 22% of silver, 7.6% of zinc, 9% of lead and 6% of tin reserves.
Suspicion grows over events that led Batista’s oil firm to bankruptcy
Investors want federal authorities to examine the role of regulators and the stock exchange in OGX collapse.
Mexico passes historic bill ending oil monopoly
In a country that celebrates “Oil Industry Nationalization Day,” the energy package approved last night has automatically become Mexico’s most significant and controversial economic reform since the NAFTA.
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.
