June 6, 2012 Global mining industry profits and shares went different ways in 2011: PwC Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.
June 5, 2012 Gold and GemStone Mining Inc. to commence alluvial mining operations in the Nimikoro diamond and gold mining concession, Kono District, Sierra Leone Project Nimikoro comprises of 125 acres of alluvial mining territory with historical data reporting the incidence of diamonds between 50 to 75 Carats per hundred tonnes and Gold at levels…
June 5, 2012 Significant findings of high grade diamonds found in Kimberlite Dykes less than 2 miles east of Oraco Resources’ Nimini Hills site Expansions are planned for Stellar Diamonds and Koidu Holdings, after evaluations found that "the Lion-5 Kimberlite prove that the body is of both high grade and high diamond quality."
June 4, 2012 U.S. grants Zimbabwe officials visas for blood diamond meet despite rights concerns, sanctions The Obama administration has granted visas to two senior officials from Zimbabwe to attend a meeting of an international body charged with monitoring and preventing the sale of blood diamonds,…
June 4, 2012 PMI Gold announces more encouraging drill results from the 513 Prospect, Kubi Project The 513 Prospect is situated within PMI's Kubi Project and is located on the altered eastern margin of the north-east trending Ashanti Shear, which controls the world-class Ashanti Obuasi Gold…
June 1, 2012 Brazilian Vale urged to sell shares in Mozambique Moatize coal The Mozambican government is urging the Brazilian mining giant Vale to sell on the local stock exchange (BMV) 10 percent of its venture in Moatize in the northwestern province of…
May 31, 2012 Golden Star Resources completes sale of $77.5 million convertible senior unsecured debentures Golden Star Resources holds the largest land package in one of the world's largest and most prolific gold producing regions in Ghana.
May 31, 2012 Renegade Congolese general Ntaganda made fortune from mining: report Bosco Ntaganda, a fugitive UN war crimes suspect who recently defected from the army and is believed to be behind Democratic Republic of Congo’s most recent rebellion, is apparently bankrolling…
May 31, 2012 Canada’s Kinross Gold to focus on Paracatu gold operation Canada’s third main gold miner Kinross Gold (TSX:K) will focus on its wholly-owned Paracatu mine, in Brazil's Minas Gerais state, after it sold its stake in the Crixas gold mine…
May 31, 2012 Glenstrata ready to become the largest mining industry merger in recent history The prospectus giving details of the creation of a $90 billion mining and commodities trading behemoth will finally find its way to the inboxes of shareholders today.
Angola’s Endiama seeks to raise diamond output further after 2024 record Endiama's 2024 output made Angola the world's third-largest producer of rough diamonds by volume, behind Russia and Botswana. February 10, 2026 | 07:13 am
