November 5, 2012

Two years in jail for diamond swallower

Sri Lanka's diamond-swallowing story from early September continues to be an unsolved mystery, but the Chinese man who swallowed a fake diamond in a daring bluff that allowed an accomplice…

November 5, 2012

Rio Tinto to Oyu Tolgoi mine: Let there be light

After months of difficulties, Rio Tinto’s (LON:RIO) flagship Mongolian copper-gold mine, Oyu Tolgoi, will start producing early next year as the giant miner has finally solved the issue of power…

November 4, 2012

Indian diamond industry shuts down for Diwali

The center of the global diamond-polishing industry in India will shut for around three weeks during the Hindu Diwali vacation.

November 4, 2012

Record high gold prices stymie Indians’ festive investment appetites

Record high prices and a number of other issues are set to diminish Indian gold demand during its traditional peak season.

November 3, 2012

No need to panic over slip in gold prices: Lassonde

Pierre Lassonde, one of the most accomplished and informed veterans of the global mining industry, tells investors not to panic about the recent fall in gold prices as the "macro…

November 2, 2012

‘The mining boom is bust’: Caldwell

The international resource sector faces rough waters ahead according to an industry insider who has just completed a round-the-world tour of key mining regions.

November 1, 2012

Mongolia’s mineral exports are plummeting. No wonder politicians want more of Oyu Tolgoi

Mongolia's central bank says the country faces a 'reality check'.

November 1, 2012

Investors jump back into Nautilus after CEO departure

Nautilus Minerals shot up 8.5% in heavy volumes on Wednesday as investors anticipate a new direction for the embattled company following the departure of long-time CEO Stephen Rogers.

October 31, 2012

Canada looks into the hiring of Chinese miners in B.C.

Canada’s federal government has launched a formal investigation into the use of foreign workers at a HD Mining International Ltd.’s coal mine in northern British Columbia, joining the provincial government,…

October 30, 2012

China deeply vested in Canada, with more to come

Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to…