Eramet sees 3Mt in nickel ore output this year at Indonesia mine

Gems founds in fragments of the Almahata Sitta meteorite were formed in an unknown planet that existed when our solar system was just forming, researchers say.

The study, commissioned by Nautilus Minerals, shows seabed copper mining may cause less disruptions to the environment and local communities than terrestrial operations.

But some believe main challenge will be falling prices and wholesalers difficult access to credit to purchase rough diamonds.

After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL.

Goldman expects the iron ore "war of attrition" will continue while prices gradually decline toward its $40 per metric ton forecast by 2017.

China needs supply for its 22 operating reactors and the other 24 currently are under construction.

The entity will be run by a new company to be established by gold producers and financial institutions.

The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.

It has a “smart” pump, boom works faster, and burns less fuel.