June 12, 2013

Zimbabwe bans alluvial mining

The government has cancelled all existing permits and will issue no new ones.

June 12, 2013

Little optimism for Canadian mining equities in Ernst & Young report

Weak performance from the Canadian mining market while S&P/TSX Composite index on the rise.

June 12, 2013

Canadian miners to face stricter rules on overseas payments

60% of all the world’s mining and exploration companies and 35% of all oil and gas companies are listed on Canadian exchanges.

June 11, 2013

Brazil Minerals obtains gemological analysis of recent diamond production

Sample included both colourless and internally flawless specimens.

June 11, 2013

Gem Diamonds sells stone for $9m

The firm sold the rough piece in a profit-sharing agreement.

June 10, 2013

Rio Tinto releases pink diamond and gold ingot

The Perth Mint will sell 168 limited edition pieces.

June 7, 2013

Canadian mining tax system distorts investment opportunities

Economists say tax breaks encourage investment in projects that might otherwise be uneconomic.

June 4, 2013

South African gov’t claims diamond trade is more than 99% conflict free

Citizens' groups call on the Kimberley Process members to revise the definition of conflict diamonds amongst other changes.

June 4, 2013

Falling commodity prices hit Aussie miners the hardest: profits fall 49%

The world's 40 largest miners announced a massive $45 billion in writedowns last year.

June 3, 2013

Investors shift to diamonds after gold tumble

JPMorgan said exciting things are happening in the sector.