India launches world’s first diamond futures exchange
The Indian Commodity Exchange Limited (ICEX) will start trading in 1 carat/100 cent contracts, to later add 50 cent and 30 cent contracts.
Latest Stories
Third trapped miner dies at Harmony Gold South Africa mine
Two more remain missing after they were trapped underground following an earth tremor last week.
K+S Potash Canada and Pacific Coast open handling and storage facility
The premises is the western port destination for potash from KSPC’s new multibillion dollar Bethune mine in southern Saskatchewan, the first new potash mine in Canada’s premiere potash belt in nearly 50 years.
Glencore to offload second coal mine in Australia in less than three months
Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.
Caterpillar to build solar power plant for B2Gold Otjikoto mine in Namibia
The Canadian gold miner chose Caterpillar and Barloworld for 7 MW solar power installation at Otjikoto mine in Namibia.
UK coal use drops to 135-year low
Once the engine of the Industrial Revolution rooted in the UK, coal is now less popular than ever as an electricity source.
Tremor kills 2 at Harmony Gold mine
Two miners have been killed in an underground mine collapse in South Africa caused by an earth tremor.
China to shut 6,000 non-coal mines by 2020 to improve safety
China will shut 6,000 non-coal mines in an effort to reduce mining accidents and deaths by 2020, the State Administration of Work Safety said in a five-year plan.
China’s metals trade fragments into multiple narratives: Andy Home
China's metals trade figures were once a spotlight on the state of the world's manufacturing engine and price driver.