South Africa just hiked black ownership rules, miners getting crushed
The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.
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De Beers sends world’s top diamond-searching ship to explore off coast of Namibia
Them mv SS Nujoma is the sixth diamond exploration vessel to join the fleet of Debmarine Namibia, a 50/50 joint venture between the government of that African country and De Beers.
Gemfields beats own ruby sales record at Singapore auction
It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.
Excelsior adds key permit to Arizona in-situ copper mine
Excelsior Mining (TSXV:MIN) investors have seen a stellar 2017, with the stock up 30% over the last month and 41.2% year to date.
Chilean mining minister responds to criticism over miners’ rescue
Two miners have been trapped for six days at the Delia mine, part of Canadian Mandalay Resources' Cerro Bayo complex
Nyrstar sells mothballed Mexican zinc mine for $20 million
Despite a hot zinc market, Switzerland-based Nyrstar (EBR:NYR) has unloaded another of its zinc mines, this time the Campo Morado mine in Mexico.
#StopAdani protests surge in Australia
Before construction begins, activist groups are making sure to continue to speak up against the $16bn Carmichael coal mine
Gold shrugs off U.S. rate hike
Financial markets and gold investors were jittery at the start of the trading day, with the Fed poised to raise interest rates for the second time this year.
Oil prices set to rebound
The unpredictability of today’s oil market is leaving some investors burned by unexpected price gyrations.