Diamond production of Australia-based miner Rio Tinto at its Argyle Diamond Mine reached 6.880 million carats in the first half of the year, up 4 percent from the same period a year ago, the company announced. The company attributed the increase to the continued ramp-up of underground production, resulting in higher ore volumes processed, which … Read More →
China’s gold output increased to 111.56 tonnes in the first quarter of 2016, up 0.78 percent year-on-year, latest statistics from the China Gold Association revealed. As of March 31, 2016, the nation’s gold reserves reached 1,797.5 tonnes. The increase in output was due to a rebound in international gold prices following the easing of major currencies … Read More →