June 3, 2013

Glencore Xstrata and Indian firms eye Rio’s $10bn assets for sale

Sale is part of CEO Sam Walsh’s plans to reduce operating costs by $5 billion over the next two years.

June 3, 2013

Rio Tinto closer to flotation of its multi-billion diamonds division

The company will look to offer $250 million worth of new shares in a separate listing.

June 2, 2013

Gaddafi’s gold, diamond billions ‘found in South Africa’

The dictator's assets, which by some accounts could top $80 billion, are stashed in bank accounts and vaults around the world.

June 1, 2013

Rough diamonds grow scarcer in India

Diamantaires in Mumbai and Surat have been advised against importing rough diamonds from the suspended Central African Republic following rebel conflict.

May 31, 2013

Opals would make Martians feel at home in Australia: study

Australia produces 95% of the world's opals.

May 31, 2013

Zimbabwe to reverse ‘outrageous’ mining fees

Zimbabwe's law allow ministers to pass regulations that do not need to be approved by Parliament first, but within two months the Parliamentary Legal Committee has to make a ruling…

May 30, 2013

Briolette diamond sells for $11m in Hong Kong

The sum set a new record for that particular style of gem.

May 30, 2013

Quebec’s new mining act up for debate

The provincial national assembly will be examining the proposal in the coming weeks.

May 28, 2013

Saskatchewan mining industry needs thousands of new workers

Industry reps say up to 15,000 skilled people are needed in the next 10 years.

May 27, 2013

Petra Diamonds sells rare blue gem for $16.9m

The high quality coloured gem was extracted from the Cullinan mine in South Africa.