Africa

Palladium price sets fresh 13-year high

Frik Els | August 29, 2014
Palladium price sets fresh 13-year high

But platinum slide continues despite Ukraine escalation.

Africa silver miner surges after first pour

Frik Els | August 28, 2014
Africa silver miner surges after first pour

Shares in Quebec-based Maya Gold & Silver up 10% after pouring first silver at Moroccan mine, one of only a handful of primary silver mines on the continent.

This extremely rare $25.6 million blue diamond may reveal Earth’s origins

Cecilia Jamasmie | August 28, 2014
This extremely rare $25.6 million blue diamond may reveal Earth’s origins

The “Blue Moon" will go on public display in three weeks' time in Los Angeles, California.

Botswana blocks at least 100 copper trucks from Congo over Ebola fear

Cecilia Jamasmie | August 28, 2014
Botswana blocks at least 100 copper trucks from Congo over Ebola fear

The vehicles, en route to South Africa, have been stranded in neighbouring Zambia since Monday.

South Africa's gov't ready to monitor safe shale gas exploration

SA News | August 27, 2014

Authorities said Wednesday they are ready to regulate and monitor companies that have expressed an interest in exploring shale gas in the country.

Iron ore price drops to 2-year low

Frik Els | August 26, 2014
Iron ore drops to 2-year low

Spot falls to $88.90 a tonne as iron ore price suffers weakest quarter since 2009.

Zambia to ease tax rules on copper exports

Cecilia Jamasmie | August 26, 2014
Zambia to ease tax rules on copper exports

Good news for the country's copper miners that have been seeking more than $600 million in unpaid tax refunds.

Report: Worst is surely over for explorers

Frik Els | August 25, 2014
Report: Worst is surely over for explorers

Capital raising for exploration up more than 32%.

Michael Fowler: Juniors and midtiers poised for M&A-fueled breakout once gold recovers

The Gold Report | August 25, 2014
Juniors and Midtiers Poised for M&A-Fueled Breakout Once Gold Recovers

Michael Fowler, senior mining analyst with Toronto-based Loewen, Ondaatje & McCutcheon, says majors need development-stage companies with high-grade, near-term production assets

Busy times ahead: global mining deals on their way up

Cecilia Jamasmie | August 24, 2014
Busy times ahead: global mining deals on their way up

Gold assets among favourites.

INFOGRAPHIC: A clear look at diamonds

Visual Capitalist | August 24, 2014
a clear look at diamonds feat

Diamonds coming to earth's surface are billions of years old.

Gold mine collapse in Central African Republic kills 37

Cecilia Jamasmie | August 22, 2014
Gold mine collapse in Central African Republic kills 25

The mine is owned by Canadian Axmin, but was taken over by rebels over a year ago.

London Mining says Ebola now impacting output, costs

Frik Els | August 21, 2014
London Mining says Ebola now impacting output, costs

Company lowers production guidance at Marampa mine in Sierra Leone as outbreak impacts supply chain and ramp up.

Glasenberg: 'Supercycle ain't over' – demand 'higher than it’s ever been'

Frik Els | August 20, 2014
Glasenberg: 'Supercycle ain't over' - demand 'higher than it’s ever been'

Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.

Top Chinese gold miner sets aside $1bn for African buys

Frik Els | August 20, 2014
Top Chinese gold miner sets aside $1bn for African buys

Zijin Mining Group looking to acquire sizeable gold and copper projects in Africa this year.

Ghana’s new law could end illegal mining

Cecilia Jamasmie | August 20, 2014
Ghana’s new law could end illegal mining

The revised regulation will empower courts to confiscate equipment seized from illicit miners.

Platinum, palladium prices are tanking

Frik Els | August 20, 2014
Platinum, palladium prices are tanking

Supply fears have pushed prices higher, but industry worries are shifting to softening demand.

Gold Fields sells majority stake in Peruvian project to Buenaventura

Cecilia Jamasmie | August 19, 2014
Gold Fields sells majority stake in Peruvian project to Buenaventura

The Peruvian firm will develop the deposit as an underground mine, instead of as an open-pit project.

Roxgold reaches another Burkina Faso milestone

Frik Els | August 19, 2014
Roxgold reaches another Burkina Faso milestone

Social and environment plan for ultra-high grade Yaramoko gold project approved meaning development could start before the end of the year.

Palladium skyrockets on Russia tensions, hits 13-year high

Cecilia Jamasmie | August 18, 2014
Palladium skyrockets on Russia tensions, hits 13-year high

It hit $900 a troy ounce for the first time since 2001.

Ivanhoe picks banks to evaluate African copper projects

Cecilia Jamasmie | August 18, 2014
Ivanhoe picks banks to evaluate African copper projects

The strategic review will focus on the potential introduction of third-party strategic investors or joint-venture parties for the Kamoa and Kipushi copper projects in the DRC.

Cecilia Jamasmie

Demerged BHP may not hold on to coal assets for long: analysts

Cecilia Jamasmie | August 18, 2014
Demerged BHP may not hold on to coal assets for long: analysts

The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.

BHP spinoff could be worth $12 billion

Frik Els | August 18, 2014
BHP spinoff could be worth $12 billion

Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.

Global diamond supply in a single chart

Michael Allan McCrae | August 17, 2014
diamond supply feat

Is the rough diamond industry a monopoly, oligopoly, or neither?

Harmony Gold mine’s reboot fraught with difficulty – CEO

mineweb - daily news headlines | August 16, 2014

The rebooting of its Kusasalethu mine provides a stark warning for those banking on South Africa's platinum sector making a swift recovery.

BHP says demerger preferred option

Frik Els | August 15, 2014
BHP says demerger preferred option

Decision to to lob off Billiton assets could come as early as next week.

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