February 2, 2018

Gold price set for wild ride in 2018 say 34 bullion analysts

Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce.

February 2, 2018

Sibanye-Stillwater trapped miners brought to surface safely

The National Union of Metalworkers of South Africa (Numsa) is demanding that Beatrix gold mine remains closed pending a probe and has asked the South African government to investigate why…

February 1, 2018

More than 900 Sibanye miners trapped underground, not in danger

Originally there were more than 1,000 miners stuck underground, but sixty-four were rescued overnight.

January 31, 2018

Congo shocker fells Ivanhoe Mines stock

Vancouver-based company headed by billionaire mining financier Robert Friedland loses 11% of its value after DRC stuns with new mining code.

January 31, 2018

Russia’s Nornickel says palladium output may fall in 2018

Norilsk Nickel said its production of palladium could decline in 2018, while output of nickel from Russian raw material would remain flat.

January 28, 2018

The ‘quite unusual’ platinum to palladium ratio

Focus on platinum-palladium prices and ratios over the past 48 years.

January 25, 2018

Canada’s Gahcho Kue diamond mine boosts Anglo American output, but copper flat

The company beat expectations on Thursday with a 5% increase in 2017 production.

January 23, 2018

Zimbabwe mulls scrapping majority black ownership on diamond, platinum sectors

President Emmerson Mnangagwa, who took the post in November, has ordered an examination of both industries that may lead to the abolition of the 51% local ownership rule on them.

January 22, 2018

Agarwal plans to keep his Anglo American stake for a long time

Indian commodities billionaire said the rally in Anglo American Plc vindicated his personal bet in the mining group.

January 22, 2018

Impairment drives Lonmin deeper into loss ahead of takeover

Lonmin announced $1.1bn impairment charge due to weaker platinum prices and a firmer rand, plunging it deeper into operating losses.