Labrador Iron Mines seeks court protection from creditors

Diamond demand will slow down significantly in 2012 said today De Beers SA, the world’s largest supplier of rough diamonds, due largely to the weak global economy.

DiamondCorp (LON:DCP), the African diamond mine development and exploration company, will not proceed with further exploration in Botswana due to the recovery of low grades in the area, announced the company today.

The last time a nuclear reactor was approved in the state of Georgia, Jimmy Carter was ensconced in the White House and the Bee Gees had three of the top 10 hits on the Billboard charts.

Canadian copper-zinc producer Inmet Mining earned a third less profit in the fourth quarter than the same period a year ago.

Nickel major Norilsk is preparing to start its Honeymoon Well project, in Western Australia, following positive studies completed in 2011, director of overseas operations Roman Panov said this week.

FLSmidth has been awarded a contract worth approximately $82 million from the company Allied Nevada Gold to supply equipment and services for its major Hycroft gold mine expansion.

Buffet beat up gold in a preview of his upcoming letter to Berkshire Hathaway shareholders, previewed in Fortune on Thursday.

Former British politician and newspaper editor Lord Christopher Monckton — a prominent climate change skeptic and the UK Independence party's head of research — caused a ruckus this week in the media and the blogosphere for suggesting that Australia could use a version of the right-wing Fox News television network.

After achieving a toe-hold in Afghanistan with the award of a major iron ore contract, Indian companies are turning their attention to the troubled country's copper and gold reserves.