MINING.COM

Rough diamond prices higher in 2016 as production cuts and restocking flip supply/demand

In 2016, the diamond industry has been marked by the follow-through of actions taken by De Beers, ALROSA and Rio Tinto to curtail global supply.

Paul Zimnisky | December 15, 2016 | 5:29 am

Zinc producer Nyrstar sells some mining assets to Glencore for $26m

The transactions are part of a broad mining assets sale process formally launched in January this year.

Cecilia Jamasmie | December 15, 2016 | 3:13 am

Statoil getting out of oil sands, takes $500 million loss

Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe it has a future in the Canadian oil sands.

Andrew Topf | December 14, 2016 | 8:50 pm

Fed rate hike whacks gold

The long-anticipated interest rate increase by the U.S. Federal Reserve has had the predicted impact on gold.

Andrew Topf | December 14, 2016 | 3:35 pm

Oyu Tolgoi resumes copper shipments to China

Move follows extensive talks with Chinese and Mongolian authorities.

Cecilia Jamasmie | December 14, 2016 | 9:58 am

Nickel key to unveiling mystery of dinosaurs extinction

A nickel spike found in sediments above the spot where a giant asteroid hit the Earth some 66 million years ago, may help scientists trace segments of the celestial body that wiped out dinosaurs and 75% of all organisms on the planet.

Cecilia Jamasmie | December 14, 2016 | 9:05 am

New Zealand deep-sea life needs ‘better protection’ from mining, study shows

Scientist from Victoria University of Wellington says too little is known about the seafloor communities found in in New Zealand's Exclusive Economic Zone.

Cecilia Jamasmie | December 14, 2016 | 6:15 am

De Beers latest diamond sales hit by India’s demonetization

The diamond producer by value sold $418 million of gems in its 10th cycle, compared with $476 million at its previous offering, which shows demand has slowed since India's withdrawal of high-value bills.

Cecilia Jamasmie | December 14, 2016 | 3:49 am