De Beers Namibian diamond venture seeks tax breaks to extend operations

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

Much of the world’s uranium comes from Saskatchewan, while Alberta is known for its bitumen and various forms of coal. But the West is earning a reputation as a major source of gems and precious metals, especially those high in demand in Asia-Pacific markets.

Russia's Federal Security Service is investigating the world's top diamond producer in relation to assets sales dating back years.

The amount is linked to what is known as “transfer pricing” between Rio Tinto’s Australian operations and its Singapore office.

Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.

The stock shot up 13% in London Wednesday after Firestone announced it had unearthed an 110-carat yellow diamond, it’s biggest find so far at its Liqhobong mine.

Strategy is part of Dominion's goal of securing the best deal possible for all its shareholders.

The stunning 59.6-carat diamond smashed the $60 million pre-sale estimate set by Sotheby's at Tuesday's auction in Hong Kong.

The world’s No.1 diamond miner by value, reported a 4.9% rise in sales during the third cycle of the year, on the back of a global recovery in prices and demand.