MINING.COM

Diamonds made from cremated Australian stolen while en route to grieving parents

A pair of diamonds made from the cremated ashes of a deceased Australian man have been stolen while en route to his grieving parents.

Marc Howe | November 8, 2012 | 2:07 am

Congo to discuss mining code changes with companies

The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.

Cecilia Jamasmie | November 7, 2012 | 3:56 pm

Canadian Lucara Diamond finds rare blue stone in Botswana

Canada's Lucara Diamond Corp. (TSX:LUC) said it recovered a 9.46-carat rare type II blue diamond from its Karowe mine in Botswana.

Cecilia Jamasmie | November 6, 2012 | 7:49 pm

Russian government allows foreign investors to develop strategic gold and precious metals minefields

The Russian government is considering allowing foreign investors to develop strategic gold and precious metals minefields, through the adoption of amendments on the currently existing federal law “On Subsoils”, which regulates the development of the minefields in Russia.

ProEdge Wire | November 6, 2012 | 6:53 pm

Chinese jewelers spread inland spurred by spike in consumer demand for gold

China's jewelry stores are expanding into smaller inland cities as demand for gold rises amongst the country's increasingly affluent consumer base.

Marc Howe | November 6, 2012 | 1:48 am

Australian miners take battle against tax to High Court

The Australian resources sector has taken its battle against the Gillard government's contentious new mining tax to the nation's High Court.

Marc Howe | November 6, 2012 | 12:02 am

Two years in jail for diamond swallower

Sri Lanka's diamond-swallowing story from early September continues to be an unsolved mystery, but the Chinese man who swallowed a fake diamond in a daring bluff that allowed an accomplice to get away with a real stone pleaded guilty Monday.

Cecilia Jamasmie | November 5, 2012 | 7:17 pm

Junior miners see light at the end of global downturn tunnel

While the harmful effects of the slumping global economy over junior miners are nothing new, companies that have seen their value down on the TSX Venture Exchange this year and so experienced more difficulties raising cash, may soon see a few glimmers of hope.

Cecilia Jamasmie | November 5, 2012 | 3:37 pm

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

Marc Howe | November 5, 2012 | 4:36 am

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Alrosa recovers huge yellow diamond from Yakutia mine

Canadian diamond producer dealing with water issues in South Africa

Responsible Jewellery Council certifies Alrosa’s mining and business practices

India trade ministry seeks lower tax on diamond miners

De Beers reshuffles executive committee

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