Africa

Semafo bounces on full-year results

Frik Els | March 13, 2015
Semafo bounces on full-year results

Fresh from $137m Burkina Faso acquisition, Montreal-based gold miner adds to investor cheer with strong operational performance in West Africa.

Iron ore spot price drops to record low

Frik Els | March 6, 2015
Iron ore spot price drops to record low

The iron ore price suffered another steep decline on Friday, falling to the lowest since November 2008 when the SteelIndex benchmark was first introduced.

IMAGE GALLERY: The M&A deals that defined the commodity super-cycle

Globe and Mail | March 6, 2015

These were the six mining transactions that defined the current deal-making landscape.

Plenty of potash, but almost no low cost sources for crop production

US Geological Survey | March 3, 2015
Plenty of Potash, but almost no low cost sources for crop production

While the earth contains enough potash to meet the increased global demand for crop production, some regions lack potash deposits needed for optimal food crop yields, the latest global assessment of the resource by the USGS shows.

De Beers diamond project adds sparkle to mining

Business Report | March 3, 2015

Last week, the firm announced operating profits had increased 36% to $1.4 billion.

Canadian miners the world’s top buyers of assets in 2014

Cecilia Jamasmie | March 2, 2015
Canadian miners the world’s top buyers of assets in 2014

Gold remains the most-targeted commodity by volume, according to EY’s latest report.

Poor market conditions put major chill on global exploration

Cecilia Jamasmie | March 2, 2015
Poor market conditions put chill on global exploration

Global exploration spending dropped 26% in last year, compared with 2013, as several juniors threw in the towel and producing miners slammed the brakes on capital and exploration expenditure.

Investors applaud Semafo takeover deal

Frik Els | February 27, 2015
Investors applaud Semafo takeover deal

Montreal-based producer picks up flagship project in Burkina Faso after sealing $139 million takeover of Australia's Orbis.

Here's why the copper price is rallying

Frik Els | February 26, 2015
Here's why copper price is rallying

Beijing preps New Year's gift and new report points to another 20% rise from here.

Mark Bristow have never seen this in 30 years

Kitco | February 26, 2015
CEOca Mark Bristow

"Never have I seen an opportunity like I feel is appearing in the market for M&A before, in 30 years."

UPDATED: The world's top 10 gold producers

Vladimir Basov | February 26, 2015
UPDATED: The world's top 10 gold producers

Number one Barrick Gold's output drops in 2014, but fellow Canadian firm Agnico Eagle adds 30% to production ounces.

South Africa drops out of top 10 in Africa for mining investment

Frik Els | February 24, 2015
South Africa drops out of top 10 in Africa for mining investment

Namibia and Botswana top the latest mining investment attractiveness index for the continent and move into top 25 worldwide.

This BHP slide will bring tears to iron ore price bulls eyes

Frik Els | February 24, 2015
This BHP slide will bring tears to iron ore price bulls eyes

Weak iron ore prices have become the accepted industry norm, but the world's top miner also has bad news for those hoping for a pick-up in the long term.

Cecilia Jamasmie

BHP pins hopes on spin-off South32

Cecilia Jamasmie | February 24, 2015
BHP pins hopes on spin-off South32

In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.

Canada’s Saskatchewan second only to Finland as world’s top mining destination

Cecilia Jamasmie | February 24, 2015
Canada’s Saskatchewan second only to Finland as world’s top mining destination

The potash and oil-rich province was placed at the top of the Fraser Institute's annual rank of mining companies.

All workers rescued at Harmony's mine, but profit to take a hit

Cecilia Jamasmie | February 23, 2015
All workers rescued at Harmony's mine, but profit to take a hit

The mine, Harmony's single largest gold producer, will likely remain closed for an indefinite period while a probe is held.

Zambia eases tax rules, to start refund talks on a ‘company-by-company basis’

Cecilia Jamasmie | February 23, 2015
Zambia eases tax rules, to start refund talks on a ‘company-by-company basis’

The new rules only apply to future payments and not amounts already owed.

Chile’s Codelco likely to buy Anglo’s unwanted copper assets — report

Cecilia Jamasmie | February 22, 2015
Chile’s Codelco likely to buy Anglo’s unwanted copper assets — report

Anglo’s assets up for grabs include three mines and a smelter valued at $1 billion.

About 100 miners trapped underground, 400 rescued at Harmony Gold’s mine

Cecilia Jamasmie | February 22, 2015
About 100 miners trapped underground, 400 rescued at Harmony Gold’s mine

Specially trained rescue teams continue their efforts to save the remaining employees, said the company.

Chinese firm close to start mining uranium in Namibia

Cecilia Jamasmie | February 21, 2015
Chinese firm close to start mining uranium in Namibia

Once fully operational, the Husab mine will have the potential to produce 15 million pounds of uranium oxide.

Divers find ‘priceless’ hoard of Arab gold coins

Cecilia Jamasmie | February 20, 2015
Divers find ‘priceless’ hoard of Arab gold coins

The sunken treasure includes coins of various denominations and sizes from the period of the Fatimid Caliphate, a Muslim dynasty.

Here's one hedge fund not bailing on gold

Frik Els | February 18, 2015
John Paulson bets on housing recovery, not gold

Paulson & Co has kept $1 billion-plus holding in SPDR Gold Trust, the world's largest, steady going all the way back to the second quarter of 2013.

Visual Capitalist

INFOGRAPHIC: the 10 countries with the most gold reserves

Visual Capitalist | February 18, 2015

The fine folks at Physical Gold created this nifty little interactive map that explores the ten countries with the largest gold reserves worldwide.

Profile of Goldcorp CEO Chuck Jeannes: sector has brighter future, gold miner says

Business in Vancouver | February 17, 2015
dark-tunnel-mine-with-light-333

CEO of world's largest gold mining company talks about the challenges and opportunities posed by peak gold.

Study confirms potash potential at Danakil Depression, Ethiopia

Andrew Topf | February 17, 2015
Allana Potash up sharply after latest Ethiopia milestone

The Norwegian fertilizer firm Yara International (OTCMKTS:YARIY) has confirmed the potential to mine potash from the Danakil Depression in northeastern Ethiopia.

Iron ore price surges

Frik Els | February 16, 2015
Iron ore price surges

Biggest jump of the year lifts iron ore price more than 6% off 2015 low.

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