MINING.COM

Diamond prices may be poised for recovery

It has been a challenging year in the diamond market, with prices for rough stones dropping about 20%. But RBC Capital Markets analyst Des Kilalea sees some “green shoots” that suggest a turnaround may be in sight.

Financial Post | September 24, 2012 | 2:24 pm

Blood Diamonds of ore: GE takes on conflict minerals

GE is one of 30 companies participating in a pilot program to implement guidelines on conflict minerals due diligence developed by the Organisation for Economic Co-operation and Development (OECD).

GE | September 24, 2012 | 2:07 pm

General Electric unveils global mining industry business unit

GE Transportation, a unit of diversified conglomerate General Electric Company (NYSE:GE) launched Monday its newest business unit, GE Mining, which will be based out of Brisbane, Australia.

MINING.COM Staff Writer | September 24, 2012 | 1:47 pm

Record surge of mining claims in western Canada

An exceptional number of mineral claims have been filed in British Columbia, Canada, over the last three years and more than 11,000 were filed in the first seven months of 2012.

Cecilia Jamasmie | September 24, 2012 | 1:25 pm

Norsk Hydro sells aluminum remelt plant in Taiwan

Norwegian Norsk Hydro, one of the world's top aluminum producers, is selling its aluminum remelt plant in Taiwan to Ting Sin Metal Co. Ltd for an unrevealed amount, the company said in a statement on Monday.

Cecilia Jamasmie | September 24, 2012 | 10:51 am

Petra Diamonds expects 30% production surge next year

Africa-focused diamond miner Petra Diamonds (LSX:PDL) expects production for the year ending June 2013 to rise by around 30%.

Marc Howe | September 24, 2012 | 7:33 am

Silver set for sustained upleg following 30% gain since July

Analysts argue that silver is set for a sustained rise following a 30% surge since July.

Marc Howe | September 24, 2012 | 5:24 am

‘Culture of cover-ups’ leads to Australia’s most lethal mines

A "culture of cover-ups" has led to a fatality rate for mines in mineral-rich Western Australia which is three times greater than that of any other Australian state.

Marc Howe | September 24, 2012 | 2:40 am

Chinese reforms anticipate sustained decline in coal prices

Slated reforms to China's pricing system for the carbon fossil fuel indicate that the country's leading decision-makers anticipate a sustained decline in global spot prices.

Marc Howe | September 24, 2012 | 2:01 am

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