Alrosa’s revenue down in Q3 as sales almost halved

De Beers has the exclusive right to enter into a joint venture agreement with Peregrine for the Chidliak diamond project located on Baffin Island, Nunavut, Canada.

The reason that drove the company to stop looking for diamonds in its high-grade stockpiles last week was the “continuing weak world diamond prices."

Shares rose almost 20% in London on Monday over the news that the junior miner is poised to sell its South African thermal coal mining assets.

Mining companies would give their eye teeth to exploit Afghanistan’s recently discovered $1 trillion of untapped mineral wealth, but analysts warn that corruption, war and lack of infrastructure are likely to keep delaying a mining boom in the country.

Detour Gold (TSX:DGC) founder Gerald Panneton says preparations to open Canada's largest gold mine in Cochrane, Ontario are 'in the last stretch.'

The emergence of diamond hedge funds could see precious gems usurp gold and silver's place in the spot light as safe harbor stores of value.

BHP PLC (LSE:BP) is on the verge of concluding a deal for the sale of its offshore oil fields in the Gulf of Mexico for $7 billion to Houston-based Plains Exploration & Production (NYSE:PXP).

Goguen provides his views on where senior gold producers will be hunting and which companies will meet newly stringent criteria in the gold-hungry world marketplace of today—and tomorrow.

Australia's coal miners are slashing 900 jobs against a backdrop of declining commodities prices and higher costs.