Congo’s Gecamines sells copper assets to Chinese for $52 million

Two Canadian mines are among the country's most expensive contaminated sites to remediate, CBC News reports.

Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) announced today that the company's Board of Directors has appointed four new directors.

Kinross Gold (TSX:K) took a drubbing in the markets today, along with other major gold producers, as the sector endured an aggressive selloff in the midst of more turmoil in Europe.

Worries about Europe's sovereign-debt crisis sparked a wave of selling in the gold market, pushing prices briefly below the $1,600 mark and to their lowest settlement price in four months.

Franco-Nevada Corp. had a good quarter, more than doubling profits and hiking revenues by 44%.

"Martian Pink," the biggest pink diamond ever to appear at an auction, is expected to fetch more than $8 million dollars when it is sold at Christie's Magnificent Jewels Spring Sale on May 29 in Hong Kong, reports KeycTV.

The Antwerp World Diamond Centre (AWDC) and DODAQ have launched a new global online exchange for polished diamonds called DIAMDAX (Diamond Dealers Automated Exchange).

Bad news slammed the markets today as worries about Europe caught up to traders.

Canadian diamond producer Lucara Diamond Corp announced today that production from its recently inaugurated Karowe mine in Botswana could be available for sale in June.