Lundin biding time to complete mining portfolio with more deals

Canada's Lucara Diamond Corp. (TSX:LUC) sold a 9.46-carat blue diamond for $4,515,000 or $477,272 per carat as part of a diamond sale this week.

Vale (NYSE:VALE), Teck (NYSE:TCK) and Freeport-McMoRan (NYSE:FCX) are some of the names analysts are throwing into the pot as the next likely bidders for Inmet MiningCorp. (TSX:IMN), which owns the world’s second-biggest undeveloped copper deposit, in Panama.

As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran's eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and know-how.

Australian Sundance Resources (ASX: SDL) announced Friday it has signed a contract with the government of Cameroon, which paves the way for a mining permit and the beginning of construction of the $4.7 billion Mbalam iron ore project, straddling the border with the Democratic Republic of Congo.

After months of polemic and legal battles, Australian rare earths miner Lynas (ASX:LYC) has finally begun production at its Malaysian processing plant following a recent court triumph.

Burmese opposition leader and Nobel Peace Prize winner vows to find a peaceful solution to dispute

Diamond-encased bionic eye will enable the blind to read and recognize faces

Crime groups target mining equipment following growth in resources sector

Diversified giants pick up the slack in East Asia