Mining

Motswedi: Botswana’s 2,488-Carat Gem Draws Global Cultural Interest

The world's second-largest diamond could soon find a new home in a museum or a sheikh's collection, but first needs to be properly evaluated, the Belgian firm holding it told AFP Monday. Unearthed last year in Botswana, the 2,488-carat stone known as Motswedi is currently being analyzed by gem dealer HB Antwerp in the namesake port city ...

Historic Swedish Church Being Moved as Giant Mine Casts Growing Shadow

A historic red wooden church considered one of Sweden's most beautiful buildings is to be moved from its longtime home in the Arctic town of Kiruna next week as part of a campaign to expand Europe's biggest underground mine. Kiruna Kyrka, a Swedish Lutheran church, dates from 1912. The 672 tonne, 40 metre (131 feet) high building will be moved ...

Saudi Arabia Announces Major Gold Discovery

As gold prices surge to historic highs, surpassing $2,300 an ounce amid mounting geopolitical tensions and economic uncertainty, Saudi Arabia announced a major gold discovery that could further cement its position in the global mining sector. Saudi Arabia’s state-owned mining company Ma’aden revealed the discovery of significant gold deposits ...