Indian diamond industry shuts down for Diwali
The center of the global diamond-polishing industry in India will shut for around three weeks during the Hindu Diwali vacation.
Latest Stories
Physicist claims China’s mysterious desert grids most likely mining related
An immense chessboard-like grid which mysteriously appeared in the deserts of China's Xinjiang province several years ago could be the result of exploratory surveys for nickel.
Record high gold prices stymie Indians’ festive investment appetites
Record high prices and a number of other issues are set to diminish Indian gold demand during its traditional peak season.
Australia’s Greens call for $26bn in mining tax revenue over next four years
The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to $26 billion over the next four years.
China’s state-owned energy giants covet Canadian potash
Government documents reveal that two of China's biggest state-owned energy corporations have approached a Canadian federal minister to express their interest in acquiring stakes in the country's potash and fertilizer sectors.
Copper to rebound from 9-week low on Chinese home appliance sales
After hitting a 9-week in Friday trading copper is set to rebound on increased sales of home appliances on the Chinese market.
No need to panic over slip in gold prices: Lassonde
Pierre Lassonde, one of the most accomplished and informed veterans of the global mining industry, tells investors not to panic about the recent fall in gold prices as the "macro picture is still very bullish."
Mining boom’s second wind to arrive in 2020
The head of the Australian Stock Exchange says the country should prepare for another mining boom in around a decade's time by providing exploratory tax concessions to resource juniors.
Mining Technology to Help Treat Cancer Patients?
Nugget.ca reports that the National Sciences and Engineering Research Council of Canada is funding a study on the application of WipWare’s photoanalysis […]
