Petra Diamonds sees brighter 2018 after warning of debt breach
Despite possible breach of banking agreements, company execs believe finances will improve following lift of Tanzanian export ban.
Latest Stories
Investors force Rio Tinto to ditch plans to have Mick Davis as chairman
Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.
Argonaut Gold acquires Cerro Del Gallo project in Mexico for $15 million
Gold-silver project is located on the San Anton property in central Mexico’s Guanajuato state, not far from Argonaut’s four other properties in the country.
Mineral Resources not surprised by Environment Minister’s rejection of its Western Australia project
"This position has remained unchanged for a number of years," the miner said.
De Beers puts South Africa’s Voorspoed mine up for sale
Company says move paves the way for a lower-cost operator to take the diamond mine beyond 2020, when it is scheduled to close.
South32 to spin off South Africa coal business
Process could lead to a listing of the business on the Johannesburg stock exchange, it said.
Clothes not coal incinerated by Swedish power plant
The fortunes of a lagging coal industry were not helped by the actions of a Swedish power plant last week.
Clive Palmer’s $197m win revives nickel hopes
Clive Palmer says he will look to use the proceeds from his $US150 million ($197.4m) legal victory over Chinese corporate giant Citic to reopen his shuttered Townsville nickel refinery in north Queensland.
Lawsuit could be precedent-setting for Canadian mining companies operating abroad
Legal proceedings were held last week in Toronto related to a case against a Canadian mining company that formerly was operating through a subsidiary in Guatemala.
