December 6, 2016

INTERVIEW: Jayant Bandar on India, chaos, and gold restrictions

Jayant Bhandari, the host of highly acclaimed ‘Capitalism & Morality’ sits down with Maurice Jackson of ‘Proven & Probable to discuss the current events unfolding in India since Nov. 8,…

December 6, 2016

De Beers invests $5 million to expand India’s diamond grading unit

Move takes the group’s total investment in the Indian city of Surat, which has the largest concentration of diamond skilled workers in the world, to $15 million.

December 5, 2016

Glencore becomes sole owner of Newlands, Collinsville coal mines in Australia

After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.

December 5, 2016

New Islamic banking rules make gold an accepted investment

Transactions must be fully backed by physical metal and settled on the same day to observe Islam's distinction between real economic activity and speculation.

December 5, 2016

World’s longest traffic jam points to Mongolia recovery

Over 60 kilometers, they line up: truck after truck, after truck. Nearly every one of them is laden with coal.

December 4, 2016

Explosion in Chinese coal mine leaves 32 dead 

Thirty-two miners were killed in a gas explosion that ripped through a coal mine in Chifeng, Inner Mongolia on Saturday.

December 1, 2016

Gemfields postpones emerald auction over India’s ‘demonetization’

The auction of emeralds from the miner's Kagem operation in Zambia will now be in February.

December 1, 2016

Glencore to resume dividend in 2017 as debt reduction on track

Soaring coal prices have helped Glencore, the world’s biggest provider of the thermal kind, straighten its balance sheet.

December 1, 2016

Taliban offer ‘security’ for copper, gas projects

Armed group behind much of the violence over the past 15 years has offered to protect major Afghan government projects.

November 30, 2016

Mining accidents in China to spike as country digs more coal

In the last week alone, seven miners have been killed and 22 others remain trapped, following two accidents in local coal operations.