May 8, 2012

‘Martian Pink’ diamond expected to fetch more than $8 million

"Martian Pink," the biggest pink diamond ever to appear at an auction, is expected to fetch more than $8 million dollars when it is sold at Christie's Magnificent Jewels Spring…

May 8, 2012

New online diamond exchange – DIAMDAX is launched

The Antwerp World Diamond Centre (AWDC) and DODAQ have launched a new global online exchange for polished diamonds called DIAMDAX (Diamond Dealers Automated Exchange).

May 8, 2012

TSE drops 1.95 percent

Bad news slammed the markets today as worries about Europe caught up to traders.

May 8, 2012

Graff Diamonds tests demand for Hong Kong IPO

London-based high-end jeweler Graff Diamonds started premarketing its Hong Kong initial public offering Monday, people familiar with the situation said, testing demand for a deal meant to raise as much…

May 8, 2012

Lucara Diamond Corp gets ready to auction rocks from its new Botswana mine

Canadian diamond producer Lucara Diamond Corp announced today that production from its recently inaugurated Karowe mine in Botswana could be available for sale in June.

May 8, 2012

Dinosaur intestinal gases possible cause of Prehistoric global warming

Forget about carbon emissions and greenhouse gases (GHGs) emitted by humans. Sauropods — the long-necked, long-tailed dinosaurs that included some of the largest terrestrial animals ever known— could have been…

May 8, 2012

New China iron ore exchange trades 242,000 tonnes on first day

A total of 242,000 tonnes of iron ore were traded on the first day of business on China’s first physical iron ore trading platform, China Beijing Mining Exchange (CBMX) said…

May 8, 2012

Silver Standard reports first quarter 2012 results

Silver Standard Resources Inc. (TSX:SSO)(NASDAQ:SSRI) ("Silver Standard" or the "Company") reports consolidated financial results for the first quarter ended March 31, 2012.

May 8, 2012

Zincore announces strategic partnership with First Quantum Minerals to accelerate work on copper and zinc projects

Zincore Metals Inc. (TSX:ZNC)(LMA:ZNC) ("Zincore" or the "Company") is pleased to report that it has entered into a strategic partnership with First Quantum Minerals Ltd. (TSX:FM)(LSE:FQM) ("First Quantum") Under the…

May 8, 2012

BHP Billiton appoints new Energy Coal and Mineral Exploration executive

BHP Billiton announced today that it has appointed Ian Maxwell as President Energy Coal. The appointment follows the move of Jimmy Wilson from Energy Coal to take up the position…