MINING.COM

Second quarter diamond exports marginally down

Figures for second quarter rough and polished diamond exports have come in at P6.79 billion, representing a marginal five percent drop from the first three months of the year, Mmegi Business has established.

Mmegi Online | August 7, 2012 | 4:30 pm

Botswana Diamond exports $353 Million in June

Leading diamond producer and budding diamond center Botswana exported $352.6 million worth of rough and polished diamonds in June bringing half-year exports […]

Idex Online | August 7, 2012 | 4:10 pm

Mexico’s record gold production takes it closer to bullion superpower status

Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining announced the country hit a new record in gold production in 2011.

Cecilia Jamasmie | August 7, 2012 | 3:38 pm

From women’s fingers to fingernails: Jeweller launches $250k black diamonds-based nail polisher

Hollywood-based jewellery company Azature, has started selling a $250,000 nail polish containing 267 carats of black diamonds.

Cecilia Jamasmie | August 7, 2012 | 2:16 pm

Barrick pursuing acquisitions despite operations and projects review

Barrick Gold, the world’s largest producer of the precious metal, said it would continue to pursue acquisition opportunities despite the full review of its operations.

Cecilia Jamasmie | August 7, 2012 | 1:40 pm

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

Cecilia Jamasmie | August 7, 2012 | 12:52 pm

AngloGold Ashanti’s Latin America profit plunges 52%

AngloGold Ashanti's, the world’s third-largest gold producer, reported that profits from its Latin American operations dropped 52% from $92 million to $48 in the second quarter of this year.

Cecilia Jamasmie | August 7, 2012 | 12:52 pm

Is this why the call it the devil’s metal? Outcome of CFTC silver price rigging probe murkier than ever

On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.

Frik Els | August 6, 2012 | 9:45 pm

Photos: Iran coal miners toiling for $15 a day

The miners work at a depth of 300 meters in two shifts of 6 hours per day and are hired on a contract basis for 400,000 tomans (about $200) per month

Frik Els | August 6, 2012 | 9:17 pm

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