July 20, 2012 De Beers’ profit down 53%; Venetia expansion still going ahead Profit for De Beers, the world's number two diamond producer after Russia's Alrosa, is down 53% for the first half of 2012 affected by worries over consumer demand and shortage…
July 19, 2012 Kennady Diamonds up 7% after kimberlite find Kennady Diamonds Inc. (TSX-V: KDI) added 7% on Thursday after announcing the first new kimberlite discovery at the its 100%-owned Kennady North diamond project in Canada's Northwest Territories.
July 19, 2012 Depressed coal prices force job cuts at Rio Tinto’s mine Rio Tinto (LON:RIO) is looking to reduce costs at its Australia’s Clermont Coal Mine, in central Queensland's Bowen Basin, driven by falling coal prices.
July 19, 2012 Credit Suisse boosts mining division by luring Morgan Stanley’s top expert Credit Suisse announced Wednesday it recruited David Hammond, the well-known mining banker from Morgan Stanley, to head up the mining and metals efforts of the Swiss bank worldwide.
July 18, 2012 Diamonds North and Uranium North acquire gold property in Washington State, exploration is underway The two companies have acquired the Pierre Creek gold property approximately 70 km west of the high grade gold-silver Buckhorn Deposit.
July 18, 2012 Global diamond industry grapples with sliding demand A prolonged slump in the global economy has put pressure on the diamond industry, forcing sellers to grapple with sliding demand, rising inventories and declining prices.
July 17, 2012 Rio Tinto provides diamond production report Rough diamond production for the second quarter of 2012 increased 6% from the corresponding period of 2011 due to higher grade ore, but decreased 28 per cent compared with the…
July 17, 2012 Diavik produces 1.79 million carats in Q2 The Diavik diamond mine in Canada produced 1.79 million carats of diamonds in the second quarter of the year, comparable with the figures for the previous year.
July 16, 2012 If you think Congo is unstable now watch what happens when you throw oil into the mix New oil reserves could also create new centres of power and in the context of a general oil rush in Central and East Africa, the lack of clearly defined borders,…
July 15, 2012 Three commodities to buy before Roubini’s ‘perfect storm’ Nouriel Roubini, known as "Dr. Doom" for his outlandish predictions on the economy, has a choppy forecast for the coming year.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
