Dominion Diamond upbeat on ‘positive’ pre-feasibility study for new Sable mine
The Sable kimberlite pipe, for which permitting is already in place, could see mining beginning in 2019.
Latest Stories
Mining stocks rally as iron ore price surges 7%
Across the board gains on hopes of renewed Chinese metals demand.
Petra Diamonds swings to loss as sales, prices dropped
The company remains upbeat and expects a better performance in the second half, driven by a recovery in diamond prices.
America’s top coal producers of 2015
These mines accounted for more than one quarter of U.S. coal production in 2015.
AngloGold Ashanti digs itself out of debt
The world’s third-largest gold producer returned to profit in the fourth quarter, did not manage to avert posting a net loss for 2015.
Zimbabwe orders diamond miners to halt operations
Companies have been told to leave behind equipment and vacate their premises.
Barrick to spend about $2 billion in US, Peru gold projects
The world’s largest gold miner also said it would redeem up to $750 million in notes to help cut debt by at least $2bn this year.
Crude prices to remain depressed until 2017 even with oil sands coming to ‘standstill’ — IEA
Last year, the agency had forecast a "relatively swift" recovery. Instead, oil prices have continued to fall, hitting less than $30 a barrel, a level last seen in 2003.
Russell Fryer: Fund manager talks favorite uranium stocks & why sector is ready to move
Russell believes that while many investors are focused on uranium demand out of China and India, more attention should be paid to demand back home.