Cecilia Jamasmie , Senior Editor

Attempts to rescue trapped miners after a fire in a Turkish mine continue Thursday morning after a break of four hours. So far there are at least 282 people dead and 142 remain unaccounted for.

It accounts for 46% of the coal produced globally and consumes as much per year as s the rest of the world combined.

July silver rose 1.3%, to $19.80 following a positive report by the Silver Institute and the London Silver Market Fixing's announcement that it will end price fixing on Aug. 14.

The announcement was part of the Federal Budget unveiled Tuesday night, considered the toughest in almost two decades.

Fire is still blazing inside the mine, 18 hours after the blast, and hundreds remain trapped underground.

The "Graff Vivid Yellow” diamond, one of the world’s largest cut precious gems of any colour, fetched Tuesday an astronomical $16.3 million at Sotheby’s Geneva auction.

Nathan Tinkler, the Australian electrician turned mining entrepreneur, has bought Peabody Energy’s Wilkie Creek mine in Queensland.

The accident was triggered by an explosion in a power distribution unit, which caused the mine's elevator to stop working.

While average in terms of capacity and other features, users surely won’t buy it for the specs, but for what Cat shows in this video.

Jundee is expected to lift Northern Star's production from about 350,000 ounces a year to about 550,000 ounces a year by 2015.