Cecilia Jamasmie , Senior Editor

Brazil grants Vale license to expand world’s largest iron ore venture

Brazilian mining company Vale has been granted a preliminary environmental license for its S11D mine, an extension of the company's giant Carajas complex, which is posed to be the world’s largest iron ore mine.

Cecilia Jamasmie | June 28, 2012 | 2:14 pm

Guatemala seeks 40% stake of all mining companies

Like most of Latin America, Guatemala is to increase control over natural resources, with President Otto Perez Molina proposing a Constitutional reform that will make possible for the for the government to acquire up to 40% of the mining and exploration companies operating in the country.

Cecilia Jamasmie | June 28, 2012 | 1:20 pm

Asbestos found at Rio Tinto’s iron ore mine in Australia

The West Australian Department of Mines and Petroleum is investigating evidence of asbestos contamination at Rio Tinto's West Angelas iron ore mine, in the Pilbara region.

Cecilia Jamasmie | June 27, 2012 | 3:46 pm

Kyrgyzstan to reassess deal with Centerra Gold

Kyrgyzstan's parliament has approved a review to the operating license for Centerra Gold, which is developing a major gold mine that accounts for 12% of the Central Asian nation's economy, announced the company Wednesday.

Cecilia Jamasmie | June 27, 2012 | 2:37 pm

Glencore ponders changes to Xstrata deal as major shareholder demands better terms

Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.

Cecilia Jamasmie | June 27, 2012 | 1:57 pm

Potash supply to exceed demand by 2020: report

Worldwide reserves of potash could surpass demand by between 59% to100% by 2020, says the latest report published by Rabobank.

Cecilia Jamasmie | June 27, 2012 | 1:05 pm

$8 billion resource reserve likely to lift Bolivia’s depressed economy

The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.

Cecilia Jamasmie | June 27, 2012 | 11:18 am

Diamonds are now your laundry’s best friend

British scientists have discovered that adding small amounts of nanodiamonds - pieces of carbon less than a ten-thousandth of the diameter of a human hair - make powder detergent much more effective at removing dirt and grease.

Cecilia Jamasmie | June 26, 2012 | 3:39 pm

Rockwell Diamonds carat production up 74% in Q1

Canadian Rockwell Diamonds announced its carat production for the first quarter of this year improved by 74% to 6116 carats from the same period last year.

Cecilia Jamasmie | June 26, 2012 | 3:10 pm

Chinese diamond mogul funding Mugabe’s military: report

A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's political opposition.

Cecilia Jamasmie | June 26, 2012 | 2:46 pm

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