Unearthed at Alrosa's Udachnaya diamond mine, it was later donated for study as the diamonds it contained were pretty much worthless as gems.

The Panama Diamond Exchange and CIBJO, the World Jewellery Confederation, have agreed to join forces in providing educational programs for the gemstone and jewelry sectors in Latin America, instilling the principles of Corporate Social Responsibility.

One of the fastest 30-seat aircraft available for charter out of Adelaide has been introduced to the fleet of SA premier air charter specialist, Air South, in a move adding significant capacity to Australia’s regional aviation routes and boosting South Australian employment numbers in the sector.

From January 1st 2015 the latest efficiency regulations for electric motors come into force in Europe whereby any new installation using a motor between 7.5 kW and 375 kW must use either an IE3 rated motor or an IE2 motor installed with a variable frequency drive (VFD). Aimed at improving the overall efficiency of the installed equipment across Europe, the regulation is supported by a new standard, EN50598, which benchmarks the efficiency ratings of electric motor drives.

China’s increased reliance on nuclear energy and Japan restarting its reactors are only two of the factors driving prices up.

Find out in today's infographic, covering Barron's recent survey of 10 top analysts on what is to be expected in 2015.

The court said Vale had failed to convince him to dismiss the case in which it is accused of conspiring to steal Rio's rights for part of iron ore reserve potentially worth billions.

In a first phase the miner plans to target high-grade diamond ore bodies, meeting a target of 14,000 bank cubic metres (bcm) per month.

The Canadian giant had earlier said it would consider such a move in the event the new tax regime was approbed.