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Copper explorers back record price run

Two Australian companies are confident that copper prices will continue to set records, with the red metal reaching a new high of $US10,724.50 ($13,682) on the London Metal Exchange (LME) overnight. Copper’s previous all-time high was recorded on May 7, where it...

Lucapa sells $5m of Lulo diamonds

Lucapa Diamond Company has sold another large parcel of diamonds, worth $US5 million ($6.38 million), from its Lulo alluvial mine in Angola, Africa. The parcel carried 4000 carats at $1239 per carat and did not include seven other diamonds recently uncovered, which...