Junior Mining News

Diamcor just found this rare green diamond at S. Africa project

By analyst By Cecilia Jamasmie Canada’s Diamcor Mining (TSX-V:DMI) said Tuesday it has found a 5.36 carat green gem quality octahedron rough diamond from its Krone-Endora project in South Africa, located next to De Beers’ Venetia mine, the world’s third largest. While the significance of this rough green diamond is currently uncertain, the company said

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Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

By analyst By Cecilia Jamasmie While many still see space mining as science fiction, the US National Aeronautics and Space Administration (NASA) is fast tracking its planned mission to 16 Psyche — an iron ore and nickel rich asteroid, worth roughly $10,000 quadrillion. To put that value into perspective, the targeted celestial body’s estimated value

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Memorial Day

By Bill Bonner This post Memorial Day appeared first on Daily Reckoning. “Fortune is rightly indignant at those who break with the customs of the past.” — Winston Churchill My calendar says that today is the day traditionally set aside to remember those who fought in America’s wars. Not one to trifle with tradition, I

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China’s coal-rich Shanxi province to halt or slow mines construction until 2020

By analyst By Cecilia Jamasmie China’s Shanxi province, the country’s top coal producer, has decided to suspend or hold back the development of mines until 2020, which effectively will take out of the market about of 120 million tonnes of the fossil fuel. The province will also stop the construction of more coal mines over

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