MINING.COM

Global rough diamond production about to reach its peak

Global rough diamond production will reach its peak in only three years before entering into a supply deficit by 2020, two separate reports show.

Cecilia Jamasmie | December 7, 2016 | 9:24 am

Rio Tinto says halt of copper shipments from Oyu Tolgoi ‘a bump in the road’

Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.

Cecilia Jamasmie | December 7, 2016 | 7:03 am

Chinese-Korean group to build $2 billion lithium batteries plant in Chile

Based on the conglomerate's estimates, opening such plant would increase value of the product 35 times, comparing to what it could be obtained by just selling it as lithium carbonate.

Cecilia Jamasmie | December 6, 2016 | 10:05 am

INTERVIEW: Jayant Bandar on India, chaos, and gold restrictions

Jayant Bhandari, the host of highly acclaimed ‘Capitalism & Morality’ sits down with Maurice Jackson of ‘Proven & Probable to discuss the current events unfolding in India since Nov. 8, when Prime Minister Modi removed 88% of the currency.

Proven and Probable | December 6, 2016 | 3:20 am

De Beers invests $5 million to expand India’s diamond grading unit

Move takes the group’s total investment in the Indian city of Surat, which has the largest concentration of diamond skilled workers in the world, to $15 million.

Cecilia Jamasmie | December 6, 2016 | 2:15 am

Glencore becomes sole owner of Newlands, Collinsville coal mines in Australia

After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.

Cecilia Jamasmie | December 5, 2016 | 9:02 am

New Islamic banking rules make gold an accepted investment

Transactions must be fully backed by physical metal and settled on the same day to observe Islam's distinction between real economic activity and speculation.

Cecilia Jamasmie | December 5, 2016 | 7:04 am