Birks, one of Canada's main manufacturers and retailers of fine jewellery since 1879, is bringing the largest collection of yellow diamonds ever to be exhibited in the jeweller's history to its Toronto location. A collection of pieces worth $10 million will be showcased at Birks on Bloor from May 2 to 6, 2012.
The latest figures by Kimberley Process Certification Scheme (KPCS), international diamond regulators on the global diamond production, have set the alarm bells ringing in the world's biggest diamond cutting and polishing centre in Surat, India.
Canadian junior Shear Diamonds Ltd. (TSX VENTURE:SRM) announced today it’s begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut, Canada.
About 800 workers at a Caterpillar plant in Joliet, Illinois went on strike early Tuesday morning less than two days after rejecting a six-year contract that included a $5,000 ratification in payment and participation in the company’s annual bonus plan.
Canada's gross domestic product surprisingly dropped 0.2% in February, with all fingers pointing at the manufacturing and mining sectors, particularly potash and nickel producers, as the main responsible, says the latest Statistics Canada report.
Sales volumes were up 33% at Cameco, the world's largest uranium miner in Q1. Revenue increased 22% to $563 million and gross profit showed a gain of 31% to $178 million.
Newmont Mining could reallocate project funds if an ongoing evaluation of the environmental impact study for its $4.8 billion Conga mine turns economically unfavourable, CEO Richard O'Brien said.
Anglo-Swiss Xstrata Plc. (LON:XTA) reported today mixed production results for its first quarter, with copper production declining 18%, but said operating and financial performance remains strong.