Cecilia Jamasmie , Editor-in-Chief

‘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 Sale on May 29 in Hong Kong, reports KeycTV.

Cecilia Jamasmie | May 8, 2012 | 6:47 pm

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 the first to warm the Earth's climate thanks to their massive amounts of methane-producing flatulence, says Tuesday's edition of Current Biology.

Cecilia Jamasmie | May 8, 2012 | 3:45 pm

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 in a press release.

Cecilia Jamasmie | May 8, 2012 | 2:35 pm

Driverless trucks and trains to expand in Australia: Rio Tinto

Giant miner Rio Tinto (LON and NYSE: RIO) says the automation technology being rolled out in driverless trucks and trains in the Pilbara will soon move to the Bowen Basin, the major coal producing region in Australia.

Cecilia Jamasmie | May 8, 2012 | 2:07 pm

Canadian Oil Sands companies to help financing deadly highway improvements

Canadian Oil Sands companies are asking the government to upgrade the section of Highway 63 north of Fort McMurray, in the province of Alberta, which leads to several oil sands projects.

Cecilia Jamasmie | May 8, 2012 | 1:47 pm

Potash is a diamond in the rough for the Republic of Congo

Australian junior Elemental Minerals (ASX, TSX: ELM), which is developing a potash project in the Republic of Congo, announced it has increased measured and indicated resources at its Kola deposit by 265% to just under one billion tons.

Cecilia Jamasmie | May 8, 2012 | 1:02 pm

Volvo hybrid truck breaks speed record

Swedish company Volvo has built a one-off diesel, hybrid truck that has recently set two world speed records at the Wendover Airfield in Utah, America.

Cecilia Jamasmie | May 7, 2012 | 5:48 pm

Chile’s copper export revenue drops 8% to $3.6 billion in April

Chile’s copper export revenue fell 8% to about $3.6 billion in April 2012, compared to the same period last year, when it was lifted by high prices of the commodity, the country’s Central Bank informed today.

Cecilia Jamasmie | May 7, 2012 | 5:28 pm

Canadian Baja Mining continues to struggle over funding for Mexico project

Canadian miner Baja Mining Corp (TSX:BAJ) said on Monday it won’t be able to continue with its copper/cobalt/zinc project in Mexico beyond mid-June, unless it finds a way to fund cost overruns quickly.

Cecilia Jamasmie | May 7, 2012 | 4:42 pm

China wants to take over the world’s largest undeveloped iron ore project

A private group of Chinese magnates is planning to take away Guinea’s Simandou, the world's largest undeveloped iron ore project, from Anglo-Australian mining giant Rio Tinto.

Cecilia Jamasmie | May 7, 2012 | 4:04 pm

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