Construction starts at biggest undeveloped copper deposit in Russia

That’s one massive diamond, which will never be cut, as it is 900 light-years away from our planet.

New report says risks to supply remain substantial.

The scandal-struck Indonesian coal miner formerly known as Bumi, did not re-elect Chris Walton at the annual shareholder meeting Friday.

While it did not disclose the costs and planned capital expenditure for the Albany project, Rio has previously said the deposit had enough potash to sustain a low cost operation for decades.

Company's rough diamond prices proxy for opaque market.

The Udachny mine, in the country's northeast, is also expected to become one of the world’s biggest underground diamond operations.

The temporary measure is due to a labour dispute with some of its construction workers, said the firm.

The country is also struggling with rising energy cost, which threatens the competitiveness of its copper industry and poses a major challenge for new developments.

The landmark decision has major implications for controversial energy projects, such as the Northern Gateway pipeline.