June 27, 2014

Alrosa diamonds sold for an average $118.50/carat in Q1 2014

Company's rough diamond prices proxy for opaque market.

June 27, 2014

Alrosa opens Russia’s largest diamond mine

The Udachny mine, in the country's northeast, is also expected to become one of the world’s biggest underground diamond operations.

June 27, 2014

First Quantum halts $6.4bn Panama copper project

The temporary measure is due to a labour dispute with some of its construction workers, said the firm.

June 27, 2014

Mining costs in Chile 350% higher than a decade ago: report

The country is also struggling with rising energy cost, which threatens the competitiveness of its copper industry and poses a major challenge for new developments.

June 26, 2014

Canada’s Supreme Court grants aboriginal land claims

The landmark decision has major implications for controversial energy projects, such as the Northern Gateway pipeline.

June 26, 2014

Main opponent of Newmont’s gold project in Peru in prison

Cajamarca region governor Gregorio Santos was ordered to jail for 14 months amid a corruption probe. Supporters claim he is being target of political repression for opposing Newmont's mine.

June 26, 2014

Chen bullish on ethanol, oil producers, bearish on refiners

China could become main export buyer of US ethanol.

June 26, 2014

Brazil revokes Canadian Belo Sun’s license to gold mine in Amazon

Ruling says the miner failed to assess the impact on local indigenous communities.

June 26, 2014

Glencore appoints Canadian as its first ever female director

Patrice Merrin, 65, is a veteran to the industry.

June 26, 2014

No Shockwave Produced, No Blasting Permits Required, Safe and Transportable

A highly effective complement to conventional explosives requiring no detonator, no harmful fumes, minimal clearing area, minimal fly rock and no site downtime.