This is the recently found largest blue star sapphire ever, and it’s worth $100M
The massive gem, named the “The Star of Adam”, could sell for up to $175 million.
Latest Stories
Private capital won’t touch mining
Only 0.6% of private capital raised in 2015 for natural resource investment is for mining projects–one wind farm fund attracted more than the entire sector.
Maptek releases I-Site Studio 6 point cloud modelling tools
The latest I-Site point cloud processing tools from Maptek focus on the everyday needs of mine surveyors for fast, accurate volumes, conformance reporting, geotechnical analysis and CAD design.
Kaminak Gold announces positive feasibility
After-tax NPV 5% of c$455 million and IRR of 37 %; average life of mine annual gold production of 184,000 ounces and all-in sustaining costs of us$550/oz au.
Gold Standard Ventures is uncovering bonanza grades in Nevada’s Carlin Trend
CEO Jon Awde shares with The Gold Report readers his plans for moving the Railroad-Pinion project forward in 2016.
Canada’s Imperial Metals halts production, lays off 100 due to low copper prices
Low copper prices have forced the Vancouver-based firm to lay-off more than one-third of the workforce at its Huckleberry mine in northwestern British Columbia.
Mining deaths in the U.S. fell to historic low in 2015
Eleven of the 28 deaths last year occurred at coal mines, a sector that has seen employment decrease significantly in recent years, especially in Appalachia.
Gold hits seven-week high on global cues, miners soar
The precious metal is building on gains from earlier in the week, triggered mainly by escalating geo-political tensions in the Middle East and North Korea’s nuclear test.
Malaysia imposes three-month ban on bauxite exports to fight pollution
The country, the biggest supplier of bauxite to China, said the ban takes takes effect from Jan. 15.
