October 2, 2012

Quest for gold in Latin America brings riches and conflict

Steadily high prices for gold are having a dramatic impact on parts of Latin America, bringing a flood of foreign investment and stirring a gold bug among wildcat miners in…

October 2, 2012

DCS800-EP Panel Drive from ABB expands to 600 hp

DCS800-EP provides industry with a compact package that greatly simplifies design and installation – Now up to 600 hp

October 2, 2012

Bolivia’s silver mountain on the verge of collapse

The Spanish may not have found El Dorado, the city of gold, but they certainly hit the jackpot when they landed in what is today the Bolivian city of Potosi,…

October 2, 2012

The “boom” might be over but Kiwis still flock to Australia

A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.

October 2, 2012

Swaziland consults with Botswana on diamond laws

Botswana has been hailed for its instrumental role in the resuscitation of diamond mining in Swaziland through provision of support for the enactment of key legislation and benchmarking.

October 2, 2012

Richland revenues down due to illegal tanzanite mining

Gemstone producer and developer, Richland Resources (formerly TanzaniteOne) said its revenues for the first half of the year 2012 fell 19 percent to $8.4 million compared to $10.4 million in…

October 2, 2012

DiamondCorp cancels September gem auction

Africa focussed diamond mine development and exploration company DiamondCorp (LON:DCP) shelved its planned auction for the month of September, due to poor prices during July and August.

October 2, 2012

Wife testifies at diamond dealer’s disappearance inquest

The wife of an Australian businessman, who vanished nine years ago while negotiating a million dollar diamond deal, testified Tuesday about why she didn’t report her husband’s disappearance to police…

October 2, 2012

Scio Diamond to raise shipments on record output

Artificial diamond-maker Scio Diamond Technology (OTC_BB:SCIO) has announced plans to dramatically raise shipments on the back of record production levels.

October 2, 2012

Fortescue wins eight year court case against corporate regulators

The Australian High Court has ruled in favor of Fortescue Metals Group (ASX:FMG) in a case brought against the mining giant eight years ago by the Australian Securities and Investments…