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Latest Stories

What is the world’s most useless element?

FVBLT responded to a user question on Reddit, the social media site, on how many elements do we have no practical use for. There is a distinction between the elements that are found in nature and the ones that are created in the lab.

Lucara receives record price for its Lesotho diamonds

A total of US$6.4 million obtained Lucara Diamond Corp. for the sale rough diamonds at its second tender of gems recovered from the Mothae mine in Lesotho. The company reported that all 28 lots offered received multiple bids with 7,190 carats garnering an average price of $893 per carat.

$9B Joslyn oilsands project gets green light

Natural Resources Minister Joe Oliver says Canada's environmental review process takes too long and it should be streamlined so it doesn't last any longer than two years. Oliver made the statement in announcing federal approval for French oil giant Total's Joslyn North oilsands mine project 65 kilometres northwest of Fort McMurray, Alta.