May 15, 2012

Gold falls as Greek woes lift US dollar

Gold fell today as generally positive euro zone GDP data failed to soothe jittery investors.

May 15, 2012

Renewed Molycorp sell-off

In lunchtime trade Molycorp was changing hands for $24.37, down $1.06 or 4%, in reaction to a downgrade and as investors continue […]

May 15, 2012

Trans Hex to return to profit as production grows

Diamond miner Trans Hex said on Tuesday it expected a net profit of about R208-million for the twelve months ended March, compared with a loss of R45.1-million the previous year.

May 15, 2012

Lucara Diamond Corp. reports first quarter results

Lucara Diamond Corp. (TSX:LUC,NASDAQ:LUC) announced production results for the quarter ended March 2012.

May 15, 2012

Zimbabwe Government: No going back on mining fees

The government of Zimbabwe said the new mining licence fees gazetted in January will not be reversed despite calls by the mining industry for the levies to be reduced.

May 15, 2012

Panel discussion at JCK to address ‘Diamonds for Good’ in Africa

Millennial-age consumers—the generation comprising the primary bridal jewelry market—are both far more conscious of social responsibility than previous generations, and far more demanding that the companies they do business with…

May 15, 2012

Renowned diamonds add sparkle to Queen’s jubilee celebrations

Photographers were allowed to look today at some of the most famous diamonds in the world to go on public display at the end of June, as part of the…

May 15, 2012

Awarded Latin American engineer offers insights on the mining industry

Carmen Bernedo, a senior civil engineer with MWH, a global leader of the wet infrastructure sector, was recently honoured with two industry awards– one for outstanding Colorado woman in engineering…

May 15, 2012

BHP Billiton puts its money on the iron ore market and China

BHP Billiton Ltd. (NYSE:BHP) is betting on the iron ore market as one of the forces to drive the mining industry in the next decade, especially as developing nations such…

May 15, 2012

Sinopec to tap into shale gas market and rescue China from growing gas shortfall

Sinopec Group, China’s second biggest oil and gas producer, announced it has launched its first shale gas project, expecting to produce 300 to 500 million cubic metres a year by…