Gold hits seven-week high on global cues, miners soar

A Buddha statue looted by Nazis in Tibet in the 1930s was carved from the Chinga meteorite, which crashed to the Earth 15,000 years ago, revealed Elmar Buchner of the Planetology Institute at Stuttgart University.

Rio Tinto’s Argyle pink diamonds have been combined for the first time with imperial jade in a piece of jewellery. The necklace, known as The Argyle Empress, was designed by luxury jeweller Chow Tai Fook and is valued at $5.5 million.

About $2 million worth of gold nuggets and precious gems were stolen Friday afternoon from the Californian Mariposa Mining and Mineral Museum.

Toyota, one of the leading automakers in the world, bought this week a 25% stake in Salar de Olaroz lithium and potassium project in Argentina to ensure supply for it growing electric cars division.

Uranium exploration and production is on a fast track in Latin American, as investors begin to realize that a few small-cap companies are controlling deposits that could be worth billions of dollars.

The Yangon facility continues to expand the reach of SGS’ unmatched geochemistry network. Samples will be prepared in-country and delivered as pulps to SGS’ existing laboratories in the Asia Pacific region.

Metso Corporation issues an EUR 400 million 7-year Eurobond under the company's EMTN (Euro Medium Term Note) program. The notes carry a fixed coupon of 2.75 percent. The issue was substantially oversubscribed with around EUR 1.5 billion of orders, and the bond was allocated to about 170 investors. An application will be made for a listing of the notes on the Luxembourg Stock Exchange, where the EMTN program is currently listed.

A 17-year-old agreement to develop about $2 billion worth in iron ore deposits between, mining giant Rio Tinto and state-own Odisha Mining Corporation , is about to be nothing but history.

Mining equipment highlights included more than 60 Caterpillar D11 crawler tractors sold-the first time in the world a selection like this is sold in one day