The iron ore producer warned it did not have sufficient cash to operate Marampa, its only mine.
Industry body sees demand rising as economic growth lifts consumers’ incomes.
CEO Andrew Mackenzie's pay package is already only half that of his predecessor.
The business group argues the sector must be nurtured to generate the revenues needed for the country’s economic diversification.
Bubble chart shows heavy reliance on iron ore and oil for revenues and profits post demerger.
New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.
Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon scene on the continent.
Bridgette Radebe, chairwoman of Mmakau Mining and president of the South African Mining Development Association, is known for being one of Africa’s first black female mine owners.
Fresh data suggests it is still too early to celebrate a recovery in the sector.
A large trade is betting that Gold Fields will hold firm for the next two months.
"All that's required is to hand the world’s best mining assets to the world’s best management."
But new report by De Beers cautions that declining production could see the industry lose ground to other categories.
Strike action closes Guelb Moghrein copper-gold mine which accounts for 10% of Vancouver company's copper output and a quarter of its gold production.
After 4% surge on Monday, benchmark prices resume slide.
CEO Mark Bristow spoke in response to a suggestion from Investec analysts that Randgold buy AngloGold's 45-percent stake in the mine.
A GlenTinto is not as far-fetched as it sounds.
Investors unhappy with $2 billion equity raising convinces world number three producer to drop restructuring plans.
Up nearly 4% on Monday; rallying after weeks of intense selling.
China’s Shandong Xinfa Aluminum & Electricity Group is in talks with Guinea to invest $14 billion in a bauxite project abandoned by BHP Billiton said a government official with knowledge of the matter.
Sibanye has started talks with unions and other stakeholders about possible job cuts at its Cooke 4 mine to boost profits and productivity.
Platinum and gold sectors among the worst performers due to labour strikes that cripple the industry early this year.
The internal probe is reportedly focused on claims that BSGR bribed Guinean officials to get lucrative rights over Simandou.
Productivity, followed by capital decisions and obtaining a social license to operate, are among the top risks global mining and metals companies face.
2014 is the "inflection point" and "until mines close it's a world of $70 prices of iron ore."
The essence of a term contract is that the price is being set in the spot market. Now this poses a question for price discovery mechanism – is the spot market an accurate reflection of the total market preferences?
The game of interaction between buyers and sellers of the diamond market is peculiar and inefficient.
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