January 29, 2019

Gemfields to pay $7.5m to settle human rights abuses claims in Mozambique

The precious gemstones miner has agreed, on a no-admission-of-liability basis, to settle claims brought against it by a group of 273 Mozambicans related to its ruby mine in northern Mozambique.

August 27, 2018

Famous yellow diamonds yielding mine up for grabs

The Ellendale mine produced around half of the world’s supply of rare yellow diamonds during peak production.

February 20, 2017

Potash demand destruction likely in India, after Gov’t hints at subsidy cut

Already reeling from decades-low prices, potash miners are staring at another headwind, this time from India, a major importer of the crop fertilizer ingredient.

October 7, 2016

Indian politician denounces illegal sand mining

Sushil Kumar Modi declared that the illegal activities were happening with the blessing of the police and the mining and transport departments.

July 6, 2016

Dominion Diamond to go ahead with Ekati mine expansion

Developing the Jay pipe will help keeping the mine in production until 2033.

December 2, 2014

Vale confirms plans to sell stake in $35 billion base metals unit

Chief Financial Officer Luciano Siani confirmed Tuesday the company's plans to sell a minority stake in its metals-producing unit.

November 24, 2014

Aussie mining magnate Clive Palmer investigated over $10 million fraud

The scale of the fraud alleged against the tycoon-turned-politician may double to about A$23 million.

September 26, 2013

This $60 million diamond is called the ‘Pink Star’ for a reason

It is the most valuable diamond to have ever been offered at auction.

April 16, 2013

This is what a $30 million diamond looks like

The perfect 101.73 carat gem will go to Christie’s auction on May 15.

December 17, 2012

Firestone Diamonds sells $5.1 million in two months

The company sold a total of 63,991 carats of rough gems in October and November.