June 12, 2012
Russia could sell all of Alrosa
Plans to sell a stake in 90%-owned Alrosa, the largest diamond supplier in the world, would make up a huge chunk of the $9.3 billion Russia hopes to generate from asset…
June 12, 2012
Plans to sell a stake in 90%-owned Alrosa, the largest diamond supplier in the world, would make up a huge chunk of the $9.3 billion Russia hopes to generate from asset…
June 12, 2012
The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.
June 12, 2012
The Spanish bailout is now being called 'voodoo economics' while EU finance officials are at the point of discussing limiting ATM withdrawals and doing border checks if and when Athens…
June 11, 2012
Gold futures perched atop the psychologically important $1,600 an ounce Monday, gaining $8.80 on the day.
June 11, 2012
Reuters reported Guinea, in partnership with Bellzone (LSE:BZM) and the China International Fund, has begun operations at its first iron ore mine.
June 11, 2012
Canada’s number 3 gold miner by output said about 600 workers had returned after the four-day strike at its Tasiast mine in Mauritania.
June 11, 2012
The Korsnäs South, Siilinjärvi and Laivajoki projects are being acquired from an arm's length private Finnish company, Magnus Minerals Oy, for consideration including 60,000 common shares of the company.
June 10, 2012
Large double-digit declines in the value of rough diamond trade by the U.S. in April. Rough diamond imports of $29.7 million fell 24.7 percent year on year.
June 10, 2012
The world still needs gold and other natural resources, but we may need a new investment model to sustain them, says Byron King who also shares his perspective on mining…
June 10, 2012
Too many sub-par publications sprout on about the shortage of experienced engineers in mining. “They are retiring and will leave the industry bereft,” is what the young journalists write too…
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