MIT engineers ‘hide’ $2m-diamond under world’s blackest black material

Scientists say precious stones could have a more practical, equally long-term use one day.

Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.

The company, which began exploring the area in March this year, said that specialists from its joint venture partner Alrosa are reanalyzing 80 tonnes of samples that were sent to South Africa.

Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

Civil Society Group supports UAE initiatives and progress, confirms attendance at KP Plenary.

Good news for mining in Quebec, the majority French-speaking Canadian province, has come from Stornoway Diamond Corporation (TSX:SWY), which officially opened its Renard diamond mine last week.

The arrest came following a Canada-wide warrant.