Canadian Rockwell Diamonds announced its carat production for the first quarter of this year improved by 74% to 6116 carats from the same period last year.
A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's political opposition.
The world’s largest gold company, Barrick Gold, has rehired a former member of its financial team to fill a senior management spot generated when it dumped former chief executive Aaron Regent in hopes of restoring its stock price.
Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares.