Middle East

It is worth about $1.5 million. Alrosa, the world's top diamond producer by output in carats, has found another massive precious rock at its Jubilee kimberlite pipe, in Yakutia, northeast Russia. The 121.96-carat diamond was extracted by the company’s...

Prophecy Development Corporation has signed an Engineering, Procurement and Construction (EPC) agreement, equity investment agreement and share purchase Agreement with China-based Shandong Electrical Power Construction No2 Company (SEPCO2) to invest in and build the 600MW Chandgana power plant in...

The competitive position of Australian exporters has been enhanced by the official entry into force of the China-Australia Free Trade Agreement (ChAFTA) on December 20. Australia’s Minister for Trade and Investment Andrew Robb said that more than 86% of...

Southern Arc Minerals has negotiated the terms of a non-brokered private placement to raise up to C$1 million through the sale of up to 4.166 million units at a price of C$0.24 per unit. Proceeds of the financing will...

Global stock markets fell Monday as worries over China's economy and instability in the Middle East combined to scare investors. Chinese bourses tumbled 6.9% in their opening session of 2016, its biggest decline on record for the first trading...

Mining projects worth $56 billion to come on stream in PeruMMG’s gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come on stream in Peru next year. Mining projects worth more than $56 billion are expected...

RungePincockMinarco (RPM) and Schneider Electric (Australia) have signed an agreement to jointly explore business opportunities in the mining industry. The companies will leverage existing customer and partner networks within the industry where they provide software and services. RPM logoRPM...