August 9, 2016

Diamond production down, sales volume up

According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.

August 9, 2016

Gold futures come back to the London Metal Exchange

The LME’s previous attempt at trading gold lasted only three years .

August 9, 2016

Taseko may look into Gibraltar copper mine expansion after new claims acquisition

The news comes two weeks after Taseko revealed it was considering restarting the molybdenum circuit at Gibraltar mine, which has been idled since the third quarter of 2015 due to…

August 8, 2016

Anton Siluanov to chair ALROSA’s Supervisory Board

Anton Siluanov, Finance Minister of the Russian Federation has been reelected as the Chairman of the Supervisory Board of PJSC ALROSA, the world leader in diamond mining.

August 8, 2016

China’s war on coal keeps fuelling prices recovery — up 30% since April

Beijing’s decision to ease production has sent coal prices soaring this summer.

August 4, 2016

Randgold profits down after ‘tough quarter’ of production issues

The UK based miner struggled after gold output slumped at key locations.

August 2, 2016

China and Russia continues to buy into bullion

The rush to buy gold continues as major economies add to reserves.

August 2, 2016

Crowdfunding in the mining sector: will the UK be next to join this trend?

The concept has been around for some time in various fields, including new technology, entertainment and media, and has been relatively successful. As a result, some mining companies have decided…

July 29, 2016

Anglo American declines merger offer from Vedanta

Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.

July 29, 2016

Canada invests $133 million in Tata Steel Quebec-Labrador iron ore project

Deal comes at a time of improved steel demand from China and mimics an effort by the UK government to rescue Tata Steel's Port Talbot operations to save jobs.