Lulo diamonds sell for A$11.4 million
The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an average price per carat of US$2,192.
Latest Stories
Asia Gold-India demand picks up after tax announcement
Jewellers in India had delayed purchases earlier this week and offered gold at a discount anticipating a reduction in the tax in the country's annual budget on Thursday.
Argyle pink diamond coin unveiled in Berlin
Rio Tinto and The Perth Mint are delighted to unveil the first pavé set Argyle pink diamond gold coin.
Gold price set for wild ride in 2018 say 34 bullion analysts
Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce.
Rio Tinto back in race for stake in world’s largest lithium miner
Rio’s renewed interest in SQM is welcome by the Chilean government, which had expressed concerns about a potential and dangerous concentration in the market should major lithium producers, such as China’s Tianqi, acquire the 32% interest in SQM.
The great coal mining jobs boom has been postponed
So far, repeal of the Clean Power Plan has not really equated with putting coal miners back to work, something Trump has pledged to do again and again.
Commodity boom has a dark side as cost creep erodes windfall
Mining and metal companies are rediscovering the downside of rallying prices: higher costs.
Gem Diamonds shares up on better sales, prices and string of 100-carat plus rocks
The company, which last month found the world’s fifth-biggest diamond in history at its flagship Letšeng mine in Lesotho, sold 21% more rocks in last quarter of 2017.
Electric cars and niche metals lure cash to Africa’s mines
Here are five metals grabbing attention across the continent.
