Price, distribution the main obstacles to synthetic diamond growth
Unlike other precious gems, high-quality synthetic diamonds can only trade at around a 2 to 20 percent discount to naturally-mined stones.
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Newmont sells NZ gold mine for $106 million
Newmont Mining (NYSE:NEM) has sold its only mine in New Zealand, the Waihi gold mine, to OceanaGold (TSX, ASX:OGC), the companies announced last Thursday.
Mexican miner rescued by Starcore International Mines
The miner had been trapped for over 40 hours while mining mercury at La Estrella.
Former BlackRock mining fund manager joins Barrick Gold
Catherine Raw, from one of the UK mining sector's best known fund managers, is assuming as the company's Business Performance Executive Vice President.
Turquoise Hill sale of stake in Mongolia’s SouthGobi falls through
The failed deal was supposed to allow Turquoise Hill to finally break ties with the Mongolian coal miner that was once worth over $2.4 billion.
Did Rick Rule back off of uranium too soon?
Uranium has been on a tear recently. Stocks are going up fast in the sector. Even large companies like uranium miner Cameco have seen a double-digit move up in a month.
Rio Tinto ready to resume hunt for mining deals — report
If the miner buys any assets this year, it would be Rio's first acquisition in about three years.
Here is why Venezuela traded 1.4 million ounces of its gold reserves to Citi
The nation signed a complex deal with Citibank to swap $1 billion in cash for about 1.4 million ounces of its gold reserves.
Church of England $14bn fund blacklists coal, oil sands
Only primary producers like Peabody will be excluded from investment portfolio so a BHP or Glencore could still make the grade. Met coal also fine.