March 31, 2015

SEC tells Oxfam revision of Dodd-Frank rule on mining payments ‘not possible’ yet

The SEC said a rule requiring energy and mining companies to disclose payments to governments for the extraction of natural resources won't come until —at least— spring 2016.

March 31, 2015

South Africa wants to settle mines’ black ownership in court

The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at…

March 30, 2015

De Beers making it harder for diamond dealers to join supply chain

The move seeks to direct gems to the most financially sound purchasers and make the business more transparent.

March 30, 2015

Peregrine Diamonds acquires Botswana-based explorer

The deal gives Peregrine access to eight prospecting licences in the African country.

March 25, 2015

Mining private equity: It’s Davis or bust?

Until Mick Davis pulls the trigger on X2's $5.6 billion, wishful thinking and unhealthy skepticism will pervade talk around private equity and mining.

March 25, 2015

Exciting days at the bottom

The broad bottom is in - and well settled in, seemingly, with at least another summer of sideways markets ahead. But time isn't a bad thing.

March 25, 2015

A major diamond auction in Antwerp just flopped and it could mean trouble for the diamond industry

Diamond giant De Beers recently predicted a demand increase this year but that didn't prevent the latest major diamond sale in Antwerp from failing to sell all the stones on…

March 25, 2015

This Easter bunny has diamond eyes. Oh, yes, and it costs $49K

It took a world-renowned master chocolatier, cocoa from Tanzania, two solitaire diamonds and some gold to create this extravagant and expensive chocolate Easter bunny.

March 24, 2015

Here is what it looks like when mining trucks drive across frozen lakes

In the farthest reaches of northwestern Canada, there are few people and fewer roads. When winter comes, fuel, explosives, and heavy equipment move north in an unusual way: via trucks…

March 23, 2015

IAMGOLD sells Diavik royalty stream to Sandstorm Gold for US$56.8 million

The deal will add US$7 million to US$8 million per year in cash flow to Sandstorm's portfolio.