Canada ranked 4th, US 6th in lithium-ion battery supply chain

The diamond will be offered for sale in Johannesburg later this month.

According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.

The LME’s previous attempt at trading gold lasted only three years .

The news comes two weeks after Taseko revealed it was considering restarting the molybdenum circuit at Gibraltar mine, which has been idled since the third quarter of 2015 due to low metal prices.

Beijing’s decision to ease production has sent coal prices soaring this summer.

The UK based miner struggled after gold output slumped at key locations.

The rush to buy gold continues as major economies add to reserves.

The concept has been around for some time in various fields, including new technology, entertainment and media, and has been relatively successful. As a result, some mining companies have decided to utilise it.

Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.