But new report by De Beers cautions that declining production could see the industry lose ground to other categories.
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.
Analysts predict could fetch between $10 million to $16 million.
The miner has revealed a major restructuring involving a plan to raise $2.1 billion in a rights issue and spin its international assets into a new London-listed company.
Low all-in gold cash costs are a good thing, says London-based GMP Securities Analyst Filipe Martins, but they don't tell the whole story.
A group of 11 chief executives of firms operating in West Africa have called for more international support to combat the deadly virus.
CEO Chuck Jeannes says barring a major technological breakthrough global gold production probably peaked in 2013.
A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.
Here is one interpretation of how much is left on Earth.
The Namibia Diamond Trading Co, a joint venture with De Beers, lays charge of theft of the 78-carat stone which could be worth up to $6 million.
It has given 20% to 20 local groups, 3% to black entrepreneurs and managerial employees, and another 3% to historically disadvantaged South African staff.
But some of the nation's resources that are considered among the world’s largest, such as the Simandou iron ore deposit, face both financial and political challenges.
There's a history there of course. Just ask Mick Davis.
Tension has been a feature of the copper market since the middle of last year but, so far, the net result has generally been stalemate and prices have moved sideways.
Vast stretches of northern Europe’s wilderness will soon host more mining companies going ahead with several projects in the area.
Rule requiring exporters to produce import certificates from destination countries in order to claim tax refunds will be waived beginning Sept. 8.
Palladium drops sharply from 13-year highs. Sister metal platinum close to wiping out 2014 gains.
The prime minister of the tiny African nation fled the country over the weekend after what he called a military coup.
Some of Rand Refinery’s workers at its operations in Johannesburg embarked on a strike last week.
But platinum slide continues despite Ukraine escalation.
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.
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