News

There is no Nazi gold train after all — Polish scientistsPiotr Koper and Andreas Liechter presented this image as evidence of the Nazi gold train they claimed to have found.   Scientists rooted out Tuesday a claim by two...

Joy Global swings to loss, cuts dividendU.S. maker of mining equipment Joy Global (NYSE:JOY) logged Wednesday an unexpected and sharp loss in its fourth quarter and announced it was cutting its dividend as it struggles to survive long-dragged drop...

Mining giant Rio Tinto (LON:RIO) wants to be one of the first major miners to get a grip on the lithium market, one of the very few commodities, if not the only one, that has remained unaffected by the...

This is the 106-carat diamond Alrosa unearthed from its Jubilee pipeRussia's Alrosa, the world's top diamond producer by output in carats, said Thursday it has recovered a 105.6-carat diamond from the Jubilee kimberlite pipe. The stone, described as being...

Snap Lake mine.The Snap Lake diamond mine in the Canadian north was not only dealing with a downturn in the diamond market prior to a decision last week to shutter it; the mine also had a serious problem with...

Canadian Arctic readies for world’s largest diamond mine openingSituated almost 300 kilometres east of Yellowknife and southeast of the now closed Snap Lake diamond mine, Gahcho Kué will soon begin operations. (Image courtesy of Mountain Province Diamonds) Only days...

Gearing up againRob Pease and Scott Shellhaas are the recipients of the AMEBC's E.A. Scholz Award for excellence in mine development for their work in advancing the Mount Milligan copper-gold project. The Association for Mineral Exploration British Columbia Awards...