New variety of hard-to-find mineral discovered in England

Gold demand in India, one of the world's leading buyers, is likely to fall by at least 4% in volume in 2012, as higher inflation trims disposable local income, according to the latest research report by Morgan Stanley.

Stocks of major fertilizer producers Mosaic and Potash Corp hit their lowest levels in almost two years on Monday, in what is considered yet another sign the commodity “supercycle” is gearing down as slower global growth cools demand.

A $40 discount to the global oil price, competition from Bakken shale oil, rising labour costs, pipeline problems and overproduction put in jeopardy billions of dollars of oil sands projects.

Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 101.7 tonnes in April, up 62%.

Environmental and activist groups in Canada fold up their websites for a day on Monday to protest the government policies that will make it easier to build pipelines to transport oil from Alberta’s enormous oil sands.

Steinmetz Diamond, a diamond brand from the De Beers group, put a 35.60 carat pink-brown diamond on display in the Tower of London on Monday, as part of the celebration of Queen Elizabeth II’s Diamond Jubilee.

The Obama administration has granted visas to two senior officials from Zimbabwe to attend a meeting of an international body charged with monitoring and preventing the sale of blood diamonds, despite human rights concerns and financial sanctions against the pair.

The first Canadian mid-market chief financial officer (CFO) survey published today by GE Capital, shows that local metals and mining companies are extremely positive about the current state of the industry, but less optimistic about the state of the world economy.

Metso has signed a contract with Codelco, Chile's State-owned mining company, to supply big cone crushers for a process improvement project in the Chuquicamata division. The contract also includes an automatic control system for crushers delivered by Metso.