Petra’s recently found blue diamond could fetch $15 million
Viewings of the 20.08-carat diamond will run from November 1 to 7 at Petra’s marketing offices in Johannesburg.
Cecilia Jamasmie , Editor-in-Chief
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Fortescue confirms bid for vast Simandou iron ore deposit
Société Miniere de Boke (SMB) and Singapore's Winning, which is Guinea's biggest bauxite exporter, have also submitted offers.
Platinum mining giant Sibanye-Stillwater begins business overhaul
The miner is creating a new company to be listed in South Africa and the US, which will have recent acquisitions incorporated as subsidiaries.
Gem Diamonds mining lease for Letšeng renewed for 10 years
Royalty payable for the diamonds sold was increased to 10% from 8%.
Iamgold denies Rosebel mine halt, continues ramping up operations
Operations were suspended for security reasons in early August after an incident involving police left an artisanal miner dead and some equipment damaged.
Centamin’s CEO to leave after challenging year for the company
Andrew Pardey, who joined the company 12 years ago as general manager, will stay at the post for a year while the company looks for a new boss.
Pit wall collapses at Avesoro’s New Liberty mine in Liberia
Production volumes will be reduced "for some time", the company said.
Rise of ethical investing, social license the top risks to miners
The mining and metals sector is facing greater scrutiny from end consumers, demanding a transparent, ethical supply chain.
Hochschild taps into rare earths with Chile acquisition
The company consolidated its earlier investment in the asset, gaining full ownership, after being hit by weak silver prices in its half-year results.
Newmont Goldcorp kicks off commercial production at all-electric Borden mine
The world's first all-electric operation is located near Chapleau, Ontario, about 160 kms west of the company’s Porcupine mine.
Freeport beats profit forecasts despite Grasberg slump
Higher copper prices offset weaker output and sales from Indonesia's Grasberg mine, helping Freeport beat expectations.