Africa

Vancouver gold-to-copper miner pops on Horn of Africa results

Frik Els | October 31, 2014
Vancouver gold-to-copper miner pops on Horn of Africa results

Winners were few and far between Friday, but punters couldn't resist Nevsun Resources stock after low-cost high-grade Eritrea mine delivered on all counts.

Russia pushes forward plans to mine the moon

Cecilia Jamasmie | October 28, 2014
Russia is seriously advancing plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

Oliver Gross says peak gold is here to stay

The Gold Report | October 27, 2014
Gold mines output to reach record high

Midtier producers will soon be desperate to buy low-cost, high-quality deposits.

De Beers CEO to be guest speaker, at WDC's 2014 Annual Meeting in Antwerp

World Diamond Council | October 27, 2014
wdc4

Philippe Mellier will address a special all-day session focused on issues associated with the Kimberley Process.

CHARTS: This is how much gold miners really put into their host countries

Cecilia Jamasmie | October 27, 2014
This is how much gold miners really put in their host countries

Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.

Anglo American ships first iron ore from Brazilian Minas-Rio project

Cecilia Jamasmie | October 27, 2014
Anglo American ships first iron ore from Brazilian Minas-Rio project

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.

BHP to sell US shale assets, limit annual capex to $14 billion

Cecilia Jamasmie | October 27, 2014
BHP to sell US shale assets, limit annual capex to $14 billion

The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.

Platinum miner sees opportunity in supply cuts

Bloomberg | October 26, 2014

Canada’s Platinum Group Metals Ltd. (PTM) says its low-cost South African projects will benefit as competitors shut down old unprofitable mines, slashing global output by as much as 35 percent.

Mining firms urge cuts in Zambia's new royalty rates

Kitco | October 26, 2014

The increased mining tax framework included in Zambia's 2015 Budget earlier this month has been subject to criticism as, according to the Chamber of Mines of Zambia (CMZ), it will reduce the country's attraction for mining investment and reduce employment.

DRC gold production set to quadruple

MINING.com Editor | October 26, 2014
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The amount of gold produced by the Democratic Republic of Congo is on track to be four times the amount produced last year, thanks largely to the opening of the Kibali gold mine in May.

Preparedness spurs prompt response to Mali’s first Ebola case

Randgold Resources | October 24, 2014
Botswana blocks at least 100 copper trucks from Congo over Ebola fear

Randgold owns and operates the Morila, Loulo and Gounkoto gold mines in Mali.

Iron ore and rare earth metals mining: an industry under siege?

The Guardian | October 24, 2014

Resource scarcity and human rights issues surrounding metals extraction, coupled with unrelenting global demand mean the industry is facing some tough realities.

Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

Cecilia Jamasmie | October 23, 2014
Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

The move is seen by analysts as an attempt to strengthen the firm’s image.

African Barrick cuts costs, to acquire more gold assets in 2015

Cecilia Jamasmie | October 23, 2014
African Barrick cuts costs, to acquire more gold assets in 2015

Tanzania's largest gold miner reported a 17% jump in third-quarter core profit, and said it anticipates full-year costs at the lower end of it target range of $1,100-$1,175 per ounce sold.

African Minerals founder to buy broke London Mining's Sierra Leone assets

Cecilia Jamasmie | October 22, 2014
African Minerals founder to buy broke London Mining's Sierra Leone assets

Frank Timis has got $20 million to acquire the mine bordering its own iron ore project Tonkolili.

Opportunities but also challenges for Africa’s gold-producing countries

Randgold Resources | October 22, 2014
mark bristow

Randgold Resources chief executive Mark Bristow argues that the looming undersupply of gold will create opportunities for mineral-rich African countries but they will have to compete aggressively for shrinking exploration dollars.

Vancouver junior jumps after bulking up West Africa project

Frik Els | October 21, 2014
True Gold jumps after bulking up Burkina Faso project

Preliminary assessment of one-year old blind gold discovery at True Gold's Karma property adds $118m in after-tax free cash flow to Burkina Faso project.

African Potash stock up on fresh potash finding in Congo

Cecilia Jamasmie | October 21, 2014
African Potash stock up on fresh potash findings in Congo

The miner intersected multiple potash seams at the second exploration drill hole at its Lac Dinga potash project.

Gold Fields Q3 2014 guidance update

Gold Fields Limited | October 20, 2014

Gold Fields remains on track to achieve its production guidance for the full-year 2014, of approximately 2,200,000 ounces of gold equivalent production.

Hundreds strike at Glencore’s coal mine in South Africa

Cecilia Jamasmie | October 20, 2014
Hundreds strike at Glencore’s coal mine in South Africa

Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.

Platinum, palladium price-setting technology ‘optimum’ for gold: LME

Cecilia Jamasmie | October 17, 2014
Platinum, palladium price-setting technology ‘optimum’ for gold: LME

The LME says its electronic solution for the platinum and palladium price — LMEbullion — could benefit gold bugs.

Copper price below $3 as mines add a million tonnes

Frik Els | October 16, 2014
Copper price below $3 as mines add 1 million tonnes

Copper price sinks to 10-month low after new report says mine capacity representing 6% of current production will come on stream over the next six months.

Frik Els

New projects need $90-$100 iron ore – UBS

Frik Els | October 16, 2014
Iron ore rally turning into dead cat bounce

Big three successfully defending their oligopoly says new report.

Ebola strikes down West African iron ore company

Frik Els | October 16, 2014
London Mining shares ‘worthless’ due to funding fears

Bankrupt London Mining's Marampa mine in Sierra Leone hit by iron ore price falls, slow ramp up and viral outbreak.

Iron ore price crushed again

Frik Els | October 16, 2014
Iron ore price crushed again

Those calling a market bottom after Monday's surge and Chinese import gains may have been premature.

Ebola outbreak – free education resource

Jincom Publishing | October 16, 2014

Free easy-to-understand brochure about Ebola.

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