September 21, 2012

Christie’s expects over $15 million for huge Indian diamond

The Archduke Joseph Diamond, a 76-carat gem considered one of the most renowned worldwide, may be sold for more than $15 million in Geneva on Nov. 13, the world's largest…

September 21, 2012

China to exploit global warming for Arctic mineral riches

Cash-flush China is intent on seizing its share of the oil and mineral bounty made available by the melting of the Arctic ice cap.

September 20, 2012

India’s Crisis: a catalyst for change?

Engines of the world economy. That was the moniker analysts gave to the world’s largest emerging economies not too long ago.

September 20, 2012

Polyus Gold, Norilsk Nickel signal interest in Kyrgyzstan’s gold

Russia's Polyus Gold and Norilsk Nickel have expressed interest in developing gold reserves in Kyrgyzstan, a Russian official said.

September 20, 2012

Centerra Gold secures regulatory approval for mine in Mongolia

Centerra Gold Inc. announced that its Boroo mine, located in Mongolia, has received regulatory approval for its mine plan for the heap leach facility and therefore now has all required…

September 20, 2012

Milling to resume at Centerra Gold’s Kumtor mine in Kyrgyzstan following planned shutdown

Centerra Gold Inc. announced today that the mill at the Kumtor mine resumed operation on September 18, 2012 following a planned seven-week shutdown.

September 20, 2012

Freeport asked to up Indonesian royalties to 10%

Freeport currently pays 3.5% for mining copper in Indonesia, Southeast Asia’s largest economy, and 1% for gold.

September 20, 2012

Canpotex secures potash demand from Indonesia

North American potash selling consortium, Canpotex, will be shipping larger amounts of the fertilizer to Indonesia after the five-year potash supply deal signed Tuesday between the offshore selling agency and…

September 19, 2012

Rio Tinto bets on India to revive its ailing diamond business

Mining giant Rio Tinto has decided to target the Indian marriage gifting market with its “Nazrana” brand of gem-based jewellery in an effort to boost its depressed division.

September 19, 2012

Centerra Gold Boroo mine in Mongolia resumes heap leach operations

Canadian Centerra Gold said Wednesday that its Boroo open-pit gold mine, located in Mongolia, has received regulatory approval for its heap leach facility, allowing the company to resume operations at…