World’s largest orange diamond breaks record: sold for $36m
The gem set a world record price per carat for any diamond sold at auction, as well as a world record price for an orange diamond.
Cecilia Jamasmie , Editor-in-Chief
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Study links copper intake to cancer cells growth
Researchers probed that copper in drinking water – given at the maximum levels permitted in public water supplies – accelerated the growth of tumours in mice.
Lawmakers stall vote on bill that will open door to US largest copper mine
Resolution Copper mine —a 55%-45% joint venture between Rio Tinto and BHP— is expected to create 3,700 direct and indirect jobs and bring over $61 billion in economic benefits to Arizona over its 66-year life.
Gold demand plummets to four-year low
It dropped 21% in Q3, marking what several analysts consider a solid proof of the end of gold’s decade-long bull run.
Codelco to be one of the world’s top ten silver producers
The miner, already the world’s No. 1 cooper producer, will become one of the world’s ten largest silver producers as soon as its Ministro Hales mine begins production next year.
Rio Tinto battles to keep Warkworth coal mine open
"We are already at the point where production will drop by around a million tonnes next year regardless of any actions that can be taken now,” said the company.
Canada-EU battle over oil sands deepens
Canada’s natural resources minister Joe Oliver continues to hit back against critics of the country’s oil sands.
Glencore Xstrata starts trading in South Africa, poised to sell Lonmin stake
The miner and trading house ranks now among the top three on the JSE in terms of market capitalization.
Canadian junior to pay for services in bitcoins
Junior exploration firm Alix Resources is making history.
Current iron ore prices ‘money for old rope’: BC Iron
Record sales to China expanding a bull market.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
