Wage talks begin in South Africa’s shrinking gold industry
Negotiations start against the backdrop of stark declines in the industry that was once the world’s largest.
Latest Stories
Resolute extends life of Queensland gold mine by three years
Ravenswood mine is now expected to end operations in 2031, with an average production of about 115,000 ounces of gold per year.
Trump started the metals rally, now he’s the reason it’s ending
The U.S. election of Donald Trump lit a fire under metals markets in 2016 as investors took a liking to his pro-business agenda. Now, copper and other metals are tanking as Trump’s trade war against China threatens to derail economic growth.
Huge diamonds keep coming out of Lucapa’s Lulo mine in Angola
This time is a 114-carat white stone.
Osisko jumps after drilling 28.3 m of 20.4 g/t gold at Windfall Lake
"A tiger by the tail."
Worthless just two years ago, West Texas sand now brings in billions
Until the miners arrived, these dunes were a quasi-barren wasteland. And the price of sand was, well, zero.
KME buys German copper product producer Mansfelder Kupfer
A final deal has been signed for the sale of German copper products company Mansfelder Kupfer und Messing (MKM) for 80 million euros ($94 million).
Australia’s Mineral Deposits recommends takeover offer as Eramet builds up stake
Mineral Deposits had rejected the revised A$345 million ($256.85 million) offer in June, saying it still undervalued the company.
