The “boom” might be over but Kiwis still flock to Australia
A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.
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McEwen puts Vantex Resources on the map, stock up 20%
Mining veteran and Goldcorp founder, Rob McEwen, bought 500,000 shares in the Toronto-based explorer on the open market to bring his stake to 7.8 million shares or 12.4% of the company.
DiamondCorp cancels September gem auction
Africa focussed diamond mine development and exploration company DiamondCorp (LON:DCP) shelved its planned auction for the month of September, due to poor prices during July and August.
Wife testifies at diamond dealer’s disappearance inquest
The wife of an Australian businessman, who vanished nine years ago while negotiating a million dollar diamond deal, testified Tuesday about why she didn’t report her husband’s disappearance to police as soon as it happened.
Scio Diamond to raise shipments on record output
Artificial diamond-maker Scio Diamond Technology (OTC_BB:SCIO) has announced plans to dramatically raise shipments on the back of record production levels.
Fortescue wins eight year court case against corporate regulators
The Australian High Court has ruled in favor of Fortescue Metals Group (ASX:FMG) in a case brought against the mining giant eight years ago by the Australian Securities and Investments Commissions (ASIC).
BC government rejects Morrison Lake mine for the salmon
The government of British Columbia has rejected plans for a combined copper-gold mine in the province's north-west due to fears it could threaten salmon populations in the Skeena River.
Fed has doubled-down on Q3, unofficially announced Q4: Pento
Renowned investor and Bloomberg regular Michael Pento says the US Federal reserve has "doubled down on QE3 this morning and unofficially announced QE4."
Beijing investor offers $100m to Coal of Africa for quarter of equity
A subsidiary of Beijing Haohua Energy Resource has offered Coal of Africa $100 million in equity funding following Exxaro's decision to refrain from exercising options for a stake in the South African miner's Makhado coal project.
