MINING.COM

Alleged Ponzi scheme rocks Israeli Diamond Exchange

A trader at the Israeli diamond center has been barred from entering the diamond complex in Ramat Gan after allegedly operating a Ponzi scheme. On Wednesday, a $1.3 million lawsuit was filled against him, claiming a 'sting' operation.

IDEX Online | April 19, 2012 | 10:59 am

Are Google executives and James Cameron planning to mine asteroids?

Speculation is mounting that group of heavy-hitting investors—including filmmaker James Cameron and Google executives Larry Page and Eric Schmidt—may announce next week in Seattle plans to mine asteroids for minerals.

Michael Allan McCrae | April 19, 2012 | 6:32 am

OZ Minerals, Southern Copper shopping for South American mines

US-based Southern Copper and Australia's Oz Minerals are both looking to acquire assets in South America, according to media reports Wednesday.

Andrew Topf | April 19, 2012 | 5:40 am

De Beers diamond production down 16% in Q1

Diamond production by De Beers decreased to 6.2 million carats in the first quarter. This is a decline of 16 percent year-over-year and 4 percent compared to the fourth quarter of 2011.

IDEX Online | April 19, 2012 | 3:53 am

Codelco chief says copper to test year lows

Codelco is responsible for roughly 10% of global copper production and acts as a bellwether for the industry.

Frik Els | April 19, 2012 | 12:32 am

Ivanhoe Australia: Scoping study shows 2.4B pounds copper, 2.2M ounces gold at Mount Elliott

Ivanhoe Australia Limited (ASX:IVA), a separate company from $10-billion market cap Ivanhoe Mines but sharing CEO Robert Friedland, had an up-day in […]

Andrew Topf | April 18, 2012 | 11:49 pm

Analysts raise uranium targets as producers show signs of life

One year after Japan’s Fukushima nuclear crisis, analysts are hiking ratings and price targets on uranium companies that have posted some impressive gains of late.

Financial Post | April 18, 2012 | 10:14 pm

Diamond prices tipped to sparkle

An expert has tipped the price of diamonds to rise by more than 30 per cent over the next two years because of expected consolidation in the industry and increasing investor interest in the sector.

The Australian | April 18, 2012 | 9:45 pm

Deputy President calls for more state involvement in South African mining

Tallk of nationalizing South Africa's mining industry may have quieted down recently, but that hasn't stopped some government officials from fanning the flame.

Andrew Topf | April 18, 2012 | 7:27 pm

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Papua New Guinea’s Ok Tedi copper, gold mine halts production

Saudis expand price war downstream

China planning to step up controls on coal imports — report

CHART: Coal lobbying expenses collapse

$60 billion in oil sands projects frozen due to crude prices collapse — report

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