December 3, 2012

Parents prefer to name their daughters Ruby instead of Jade

You named me what?

December 3, 2012

Australian miners cut 10,000 jobs

Headwinds aplenty

December 3, 2012

IMF halts DRC loans due to lack of mining transparency

An IMF representative said Monday the fund has halted $240 million in planned loans to the DRC for failing to publish mining contracts as requested.

December 3, 2012

Former mining minister in Kyrgyzstan arrested for embezzlement

Kyrgyzstan is one of the world's worst mining jurisdictions

December 3, 2012

Gold Fields takes $1.5bn demerger loans

Barclays, Credit Suisse and JP Morgan have underwritten a $1.5 billion package to back Gold Fields' demerger of two gold mines and refinance its existing debt.

December 3, 2012

Newmont Mining CEO to step down in March

The company says, chief operating officer, Gary Goldberg will take over from Richard O'Brien from March 1, 2013.

December 3, 2012

Silver set for spectacular bear squeeze

Money managers have slashed their short positions

December 3, 2012

Australian gold production dwindles

Decline imputed to technical issues at bigger mines

December 3, 2012

Galane Gold Ltd. releases results from the Tekwane prospect that show significant gold mineralisation close to surface

The Tekwane prospect is located approximately 11km away from the company's processing plant at the Mupane Mine, north of the Archaean Tati greenstone belt in Botswana.

December 3, 2012

De Beers: global diamond sales grew only 4% in 2012

India bought less than in 2011, while rate of growth in China was cut in half.