Cecilia Jamasmie , Editor-in-Chief

Aquarius Platinum and Xstrata halt operations in S.Africa

Aquarium Platinum (LON,ASX, JSE:AQP) and Xstrata (LON: ) are the latest casualties of the ongoing labour unrest in South Africa. Both companies announced Friday they have suspended operations, as police swooped on striking protesters.

Cecilia Jamasmie | September 14, 2012 | 4:06 pm

Liberia tells the UN it lacks funds to fight blood diamonds

Liberia's questioned commitment to the diamond industry’s efforts to prevent blood gems trade has driven the US Agency for International Development (USAID) to threaten with cutting the program, but authorities says it insufficient funds and not lack of will what is stopping the country.

Cecilia Jamasmie | September 14, 2012 | 3:32 pm

Alrosa sells 51% in Timir iron ore project to Evraz

Russia’s state-owned diamond company Alrosa said its board approved the sale of 51% of its Timir iron-ore unit in Siberia to Evraz Plc (EVR), the steelmaker part-owned by mining billionaire Roman Abramovich.

Cecilia Jamasmie | September 14, 2012 | 2:00 pm

Trolex searching for models for its ‘Miners Rock!’ 2013 calendar

UK-based environmental and equipment monitoring system provider Trolex is on the hunt for people in the coal mining industry to pose for a ‘Calendars Girls (and Guys!)’ calendar in aid of The National Coal Mining Museum for England.

Cecilia Jamasmie | September 14, 2012 | 1:28 pm

Gold mining industry shooting itself in the foot

The gold mining industry has been digging its own grave by telling just half of the real cost story, Gold Fields (NYSE:GFI) CEO Nick Holland told the audience Thursday at this year’s Denver Gold Forum in Colorado.

Cecilia Jamasmie | September 14, 2012 | 12:59 pm

Not only are commodity prices diving – Canadian CEO bonuses have shrunk too

CEOs are getting — on average — 31% less this year.

Cecilia Jamasmie | September 13, 2012 | 7:11 pm

Quebec’s first diamond mine may see delays

Canadian Stornoway’s Renard diamond project might not be ready by 2015 due to delays in the construction of the Route 167 extension from Chibougamau to the Otish Mountains.

Cecilia Jamasmie | September 13, 2012 | 6:19 pm

Gold miner ready to start producing… coffee?

Philippines-based Philex Mining Corp. (PINK:PXMFF), the country’s biggest miner, said it is ready to start harvesting coffee from its demo farm located in the Barangay Ampucao district, in Itogon.

Cecilia Jamasmie | September 13, 2012 | 5:22 pm

More coal mining jobs axed in Australia; Vale joins BHP and Xstrata

Brazilian mining giant Vale has followed the gloomy trend set by BHP and Xstrata by announcing it will lay-off workers at its coal operations.

Cecilia Jamasmie | September 13, 2012 | 3:51 pm

Labour leader calls S.A. workers to ‘bring mining companies to their knees’

Mametlwe Sebei, one of the main leaders of South Africa's striking platinum miners, urged workers to go on a national strike that he said would "bring mining companies to their knees.”

Cecilia Jamasmie | September 13, 2012 | 3:33 pm

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