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Mining

All supply agreements between Doosan and Montabert will continue. (Image source: Martainn MacDhomhnaill/Flickr)

South Korea-based Doosan Group has sold French drilling equipment manufacturer Montabert SAS, in its entirety, to USA?s Joy Global Inc. for US$124mn

The Ad Duwayhi is supposed to contain nearly 5.1mn kg of gold, according to a report published by Ashgill Australia. (Image source: PDTillman/WikimediaCommons)

Ma?aden Gold & Base Metals Company has signed a financing agreement with the Saudi Industrial Development Fund (SIDF) for US$320mn

Technological advancements in diamond cutting and processing have enabled the growth of the grown diamonds industry. (Image source: PrasadPillai/Flickr)

The widespread shortage of mined diamonds has led to the rise in popularity of grown diamonds, whose growth is being supplemented by technology and research, stated a report by Frost & Sullivan

Minelab hopes the new Dubai facility will ensure the authenticity of its brand in the region.

Metal-detecting technologies provider Minelab has opened a new facility in Dubai as part of a US$2mn investment recognising Dubai?s value as a strategic hub for its gold business in the Middle East and North Africa

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