‘Oppenheimer Blue’ diamond sets new record, fetches $57 million
It’s now the most expensive diamond ever sold at an auction.
Latest Stories
Aussie mines too costly to shut
Mine sales stumble on looming clean-ups
Risks mount for gold producers over deep capex cuts
New report says cutbacks in capital spending are shrinking production profiles faster than expected and eating into earnings.
Harvard, IMF economist: Emerging markets must go for gold
If all central banks were to hold at least 5% of forex reserves in gold (versus 60%+ in rich economies) it would require the purchase of almost 8,000 tonnes
Copper price falls to 3-month low, defies bullish forecasts
Traders ignore new survey of 22 economists that found consensus for double digit gains by the fourth quarter and into 2017.
Prospect generation – making mining into a numbers game
A concept born from two facts: mineral exploration is extremely capital intensive, and just 1 out of 3,000 mineralized anomalies became a mine.
Sprott monthly market update with Rick Rule: Cobalt bubble coming; Kaminak & The Yukon; streaming & royalties
In the current bull market, with more equity available, streaming and royalty companies continue to provide much needed revenue in the base metals and industrial materials sectors.
Caterpillar retail sales drop 12% in first three months of the year
Results mark the 41 straight month of retail sales declines.
South African miners to pay 67% of acid drainage clean-up costs
The government will pay for two-thirds of the cost by collecting money from mining companies through a new environmental levy.
