MINING.COM

Unrest returns to South African gold mine

Labour unrest spread in South Africa on Monday when 15,000 workers stopped operations at a Gold Fields (JSE, NYSE, NASDAQ Dubai: GFI) mine while few workers reported for duty in the fourth week of a stoppage at Lonmin (LON:JSE) , the world’s third largest platinum mine.

Cecilia Jamasmie | September 10, 2012 | 7:15 pm

Petra Diamonds selling non-core South African mines

London-listed Petra Diamonds shares were on the rise again Monday after the company revealed Friday it had started selling three of its non-core mines.

Cecilia Jamasmie | September 10, 2012 | 4:33 pm

De Beers, Peregrine Diamonds joint venture for Chidliak is a go

De Beers has the exclusive right to enter into a joint venture agreement with Peregrine for the Chidliak diamond project located on Baffin Island, Nunavut, Canada.

Cecilia Jamasmie | September 10, 2012 | 4:06 pm

Low diamond prices forces suspension of Nunavut mine

The reason that drove the company to stop looking for diamonds in its high-grade stockpiles last week was the “continuing weak world diamond prices."

Cecilia Jamasmie | September 10, 2012 | 3:53 pm

Continental Coal shares soar

Shares rose almost 20% in London on Monday over the news that the junior miner is poised to sell its South African thermal coal mining assets.

Cecilia Jamasmie | September 10, 2012 | 2:40 pm

Afghanistan’s trillion-dollar mineral assets imperilled by corruption

Mining companies would give their eye teeth to exploit Afghanistan’s recently discovered $1 trillion of untapped mineral wealth, but analysts warn that corruption, war and lack of infrastructure are likely to keep delaying a mining boom in the country.

Cecilia Jamasmie | September 10, 2012 | 1:37 pm