December 18, 2013

South African labour: Unions at war

Numsa will openly recruit from NUM's membership, in direct violation of federation principles. Numsa tells opponents to 'go to hell.'

December 18, 2013

Massive diamond deposit said to be hiding beneath Antarctica’s icy hills

But scientists think the chance of the Antarctic kimberlite containing economically viable amounts of diamonds may be low.

December 17, 2013

2013 a ‘remarkably successful’ year for Kennady Diamonds, CEO says

Drilling results far exceeded expectations.

December 17, 2013

Russia’s Alrosa to export 36 million carats of diamonds in 2014

The miner believes rough diamonds prices will soar next year.

December 16, 2013

Miners should launch a gold cartel or risk losing everything, advises Stephan Bogner

It's no surprise that Stephan Bogner advises investors to hold physical metals outside the banking system, but he also advocates mining companies keeping gold on their balance sheets and forming…

December 16, 2013

Rio Tinto says Chinese now make ‘much higher quality’ mining equipment

The CEO of world number two miner Rio Tinto said the quality of Chinese mining equipment is catching up and in some instances surpassing that of the major US manufacturers.

December 12, 2013

Anglo American confirms turnaround plan, warns 2014 will continue to be tough

Cutifani said the firm has identified three "buckets" from which it plans to extract about $3.9 billion of extra earnings.

December 10, 2013

Employment prospects for Canadian miners don’t look good

Canadian mining companies are becoming increasingly unwilling to add employees to their payrolls and are reporting the weakest hiring intentions since Q3 2009.

December 10, 2013

Zimbabwe may have to stop producing diamonds

Country’s diamonds said to be depleting fast.

December 5, 2013

Can Juniors borrow instead of raising equity? – Kenton Ralph Toews

Juniors usually raise cash to keep their operations going by issuing new shares.