September 28, 2011 We’ll need 170,000 workers, says BHP CLANCY YEATES BHP BILLITON has predicted Australia's resources industry will need an extra 170,000 workers in the next five years, underlining the job bonanza set to hit mining states. Forecasts…
September 27, 2011 Zimbabwe to probe foreign firms over ownership law Zimbabwe will soon probe foreign-owned firms to establish their level of compliance with a law requiring them to sell at least a 51 percent shareholding in their Zimbabwean operations to…
September 27, 2011 De Beers to attain 80 pct of pre-recessionary levels Rough diamond production of De Beers will recover to 80 per cent of what it has been producing during the pre-recessionary peak levels. The company also has spent Rs 150…
September 27, 2011 Canadian stocks gain on metals and mining rally SAN FRANCISCO (MarketWatch) -- Canadian stocks climbed 2.4% in midday trading on Tuesday, led by strength in metals and mining shares as world markets gained on optimism for more decisive…
September 26, 2011 NDP wants to keep more value-added mine work in Ontario The Ottawa Citizen reports that the Ontario NDP, which is fighting a provincial election and challenging the incumbent Liberal Party, want to change the provincial mining act so more mine…
September 25, 2011 Tiffany ready to cut more diamond deals One of the world's most exclusive jewellery sellers says it is prepared to cut more deals with diamond mines in exchange for preferential access to the precious stones, reports the…
September 25, 2011 Zim gets just 20% of diamond value — experts NewsDay reports that diamond colleges have accused the government of being concerned with selling the stones rather than adding value, which would create employment for millions of Zimbabweans and rake…
September 25, 2011 Mining firms invest USD $9 million in diamond prospecting in Bié, Angola AngolaPress reports at least USD 9.0 million was invested in diamond prospecting the central Bié province by three private mining companies.
September 25, 2011 Endiama head: $150m invested in diamond prospecting in past 6 years Over the past six years, Endiama – a joint diamond production venture between De Beers and the Angolan government – has invested $150 million in prospecting for diamonds in Angola’s…
September 23, 2011 Diamond Frank Exploration Inc. announces $1,750,000 brokered financing LAVAL, CANADA--(Marketwire - Sept. 23, 2011) - Diamond Frank Exploration Inc. (TSX VENTURE:DOD) (the "Company") is pleased to announce that it has engaged Secutor Capital Management Corporation and Industrial Alliance…