Cecilia Jamasmie , Senior Editor

Mining has become the main contributor to Canada’s Nunavut Gross domestic product (GDP), eclipsing even the government. From all the territory's riches, experts believe that diamonds will play the biggest role in Canada’s future.

Canadian junior Stornoway Diamond Corporation (TSX-SWY) announced Thursday it has received an award for the “high level of environmental and social responsibility” shown in the advancement of the Renard Diamond Project.

London-based Patagonia Gold (LON:PGD) (TSX:PAT), a South America-focused gold and silver producer, received Thursday the full and final permit from the Argentine authorities to develop its Lomada de Leiva gold and silver project.

Chilean state-own Codelco, the world's largest copper producer, said Thursday its January-September profits climbed 27% compared to the same period last year, thanks mainly to the settlement of a heated legal dispute over a copper mine with diversified miner Anglo American (LON:ALL).

Doomsayers may surely be relieved to read the latest posts by geologist Wayne Sedawie, who for years has travelled and investigated ancient Mayan sites, as he explains why the end of the world is not a month away.

Brazil increased gold reserves for the second straight month, reaching the highest level in 11 years, data from the International Monetary Fund showed Wednesday.

Members of a Chinese band that sold silver jewellery covered in a thin layer of gold in Shanghai, causing eight local pawn shops lose about $4.2 billion, were charged Wednesday with contract fraud.

South African miner Gold Fields (NYSE, JSE:GFI) revealed its initial plan to develop a gold deposit into an open-pit mine in southern Peru isn't feasible.

Nickel producer Talvivaara (LON:TALV) said Wednesday authorities have allowed it to re-start the metals recovery plant at its Sotkamo nickel and zinc mine in eastern Finland.

China’s bid for Nexen may get a boost if a Malaysian company successfully acquires Canada-based Progress Energy Resource Corp.