March 23, 2012

World’s first all-diamond ring to cost US$68 million

Switzerland-based Shawish Jewelry is creating a diamond ring that would make Elizabeth Taylor’s 30-carat engagement band from Richard Burton look like a children’s toy— a 150-carat all-diamond ring.

March 23, 2012

RMB should become settlement currency of more imported commodities, Deutsche Bank

Ma Jun, chief economist from Deutsche Bank (DB) (China) released a report today, saying that RMB should be come the settlement currency of more imported commodities. The move fo llows…

March 23, 2012

Chile’s mining industry hunts for renewable energy

As oil prices continue to rise, and nations around the world look for ways to weather an energy crisis, Chile is turning to one of its own best renewable resources…

March 23, 2012

Botswana Diamonds releases sparkling interim results

London-listed diamond junior Botswana Diamonds (LON:BOD) forecasts a cheerful future for the diamond market, despite it sliding into the red in the six months to the end of December with…

March 23, 2012

Uragold Signs Agreement for the Asbury Graphite Mine and the Canadian Graphite Property

Uragold Bay Resources Inc. (TSX VENTURE:UBR.V - News), Uragold is pleased to announce it has signed an agreement with a private vendor regarding the acquisition of 100% interest in two…

March 23, 2012

Australia, Canada, Chile, Brazil and Mexico the top five mining projects’ destinations

In its annual ranking of countries in terms of political risks for mining investment, the mineral industry advisory firm Behre Dolbear, has ranked Australia, Canada, Chile, Brazil and Mexico as…

March 23, 2012

Aussie miners find Latin love

Australian miners are setting up in remote outback areas in a land enjoying a resources boom - Chile.

March 23, 2012

Gold set for fourth straight weekly loss

The metal rose on Friday, led by a rebound in the Euro, but was still set for a fourth straight weekly loss, owing to sluggish consumer demand and waning investor…

March 23, 2012

China on the prowl for mining investments in Africa, S.America and Asia

Chinese investors are turning their focus to emerging economies as they look to expand their demand for commodities and switching away from Australia and Canada, which are getting too expensive.

March 23, 2012

India wants to truck Afghan ore through Pakistan

India is hoping to bury the hatchet with its historical rival Pakistan, at least enough for both sides to benefit from a massive iron ore deposit in Afghanistan.