Russia says it’s flush with ‘trillions of carats’ in extraterrestrial gems
Russia claims it has uncovered a diamond field of record dimensions in eastern Siberia which is the product of a prehistoric asteroid collision.
Latest Stories
Conscience of a gold miner – Nolan Watson interview
Chosen as a Canadian “Top 40 Under 40”, Nolan has created billions in shareholder wealth beginning as a 26 year old CFO at Silver Wheaton.
Gold still Morgan Stanley’s top commodities pick
Morgan Stanley (NYSE:MS) maintains its bullish stance on gold, expecting the precious metal to rise robustly over the next several quarters.
Fortescue Metals averts disaster with $4.5 bln credit facility
Australian iron ore stalwart Fortescue Metals Group (ASX:FMG) has managed to avert its debt woes by obtaining a fresh USD$4.5 billion credit facility.
BHP boss tops list of Australia’s best-paid CEO’s yet reported earnings fail to tell the full story
BHP Billiton (ASX:BHP) head Marius Kloppers has topped a recent list of Australia's best-paid corporate bosses for 2011 yet inadequacies in reporting requirements means much CEO income remains undisclosed.
Iron ore rebound continues
Iron ore has been under pressure this quarter as China's steel industry struggles with rising inventories, overcapacity and overproduction.
Fracking fluid fit for human consumption in five years
The fluids used in the fracking process to release hard-of-access underground oil and gas deposits could soon be safe enough for human consumption.
Gabriel Resources officially a smallcap as investors hack off another 12%
Gabriel Resources, advancing the Rosia Montana gold project in Romania, lost 12% of its market value Monday with more than 3 million shares changing hands – six times the usual volumes. Losses for the year now top 70%.
Microorganisms as new “Mining Equipment”? – Research Project
Mining Australia reports, that after Vale already cooperates with the University of São Paulo to find out more about ‘copper eating’ bacteria, […]
