Nevsun Resources faces rumours of $1 billion acquisition and civil suit on same day.
Casey Research energy strategist Marin Katusa cautions that Russia and China have forged an alliance with the goal of world supremacy through control of the energy market and Vladimir Putin is winning.
The miner, structured to "break even" at $1,050 per ounce, warned it would have to re-think the business if bullion prices dip below $1,000 and stayed there for a while.
They will look at compensation and medical care for workers with occupational lung disease or "silicosis."
A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.
Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.
More than two years after 34 protesters were killed in the deadliest police action in South Africa since the end of apartheid, the state is completing its investigation.
As usual the leaders of the G20 countries will be deliberating on issues that will have ramifications for not only their respective economies but also the rest of the world, including those who will not be represented at the deliberations.
In Burkina Faso, protesters wanting to prevent President Blaise Compaoré from serving another term had stormed the Parliament and set it ablaze.
The country's mining industry sees a decline in financial performance in the wake of continued labour unrest and cost pressures.
Mining equipment market to grow at compound annual rate of 8.42% to $134 billion through 2019 surpassing the market for construction equipment.
A simple rule of thumb is that price changes have a two-to-one impact on the bottom line, while cost changes have a one-to-one impact.
Friday’s rally was just a brief break for the precious metal.
Eastern Platinum Limited has reached an agreement with Hebei Zhongbo Platinum Company Limited for the disposal of its platinum group metal operations in South Africa.
The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.
As part of a set of planned measures to stimulate production and attract investment in the sector.
African Barrick’s North Mara mine, Tanzania’s largest gold producer, has been a flashpoint of clashes between locals and security forces for many years.
The company is confident in the precious metal it mines.
South Africa’s Department of Mineral Resources has finally approved the miner's Platreef platinum project.
Researchers also found evidence of dinosaurs and large crocodiles dating to 118 million years ago.
Fresh Chinese weakness pushes iron ore price to lowest since June 2009, but rising premiums for high-quality lump imports offers some hope.
As if tanking gold prices weren’t enough bad news for Canadian junior gold mining and exploration companies, now one of the more promising gold-mining nations in Africa is in a state of turmoil.
In a quiet room behind several sets of bulletproof doors, N.B. Parag turned a 141-carat rough diamond in his hands.
The company is defying coal price slump with increased production driven by expansions at its Australian mines.
Rolling power blackouts will probably continue across South Africa this week as Eskom Holdings SOC Ltd. struggles to recover capacity from its second-biggest plant after a coal silo cracked and collapsed, it said.
There are indications Zambia may be backing away from plans to impose a 20 per cent royalty rate on open pit mining in the country, a top executive with Barrick Gold Corp said on Thursday.
Get Mining News and Alerts
sent to your inbox daily