South Africa aims to finalise mining charter in June, minister says
The charter lays out requirements for black ownership levels and other targets.
Latest Stories
Historic blue diamond auction exceeds expectations — sold for $6.7 million
The Farnese Blue diamond, which was passed down through European royal families for about 300 years, sold Tuesday for $1.4 million more than the maximum figure experts estimated it would fetch.
Chile copper mine Sierra Gorda closes following fatal accident
Roberto Venegasa, an employee of equipment supply firm Finning, died during routine maintenance work at the mine, the company said.
Anglo American to spin off unit to encourage platinum demand
The World Platinum Investment Council sees oversupply in the platinum market of 180,000 ounces in 2018.
Polish miner KGHM’s first-quarter profit down 38 pct on sales decline
Net profit for the first three months of the year stood at 439 million zlotys ($121.08 million), compared with the 453 million zlotys expected by analysts.
Argosy seeks project financing for Argentina lithium site through pilot sales -exec
Argosy's Rincon project in northern Argentina will start producing 500 tonnes per year of lithium carbonate equivalent (LCE) next month.
Rio Tinto says climbing costs, resource nationalism once again big threats
Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.
Mountain Province hires former De Beers financial chief as president and CEO
Stuart Brown has over 25 years of experience in the diamond industry and is the outgoing Firestone Diamonds chief executive officer.
Lonmin tanks as UK competition watchdog looks into Sibanye takeover
By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye’s were down 4.9% in Johannesburg, even though the companies announced they had received the approval of the South African Reserve Bank (SARB).
