Zimbabwe accuses US of lying about diamond-mining forced labour

Zimbabwe, suffering its worst economic crisis since 2008, is desperate to end sanctions imposed by the U.S. and the European Union on politicians and state companies.

Bloomberg News | October 4, 2019 | 5:05 am

Gem Diamonds mining lease for Letšeng renewed for 10 years

Royalty payable for the diamonds sold was increased to 10% from 8%.

Cecilia Jamasmie | October 4, 2019 | 4:37 am

Premier Gold Mines updates resources for Hardrock deposit

Total measured and indicated resources at Hardrock are 147.5 million tonnes grading 1.50 g/t gold and containing 7.1 million oz.

Jackson Chen | October 3, 2019 | 4:52 pm

Lower for longer copper price puts squeeze on marginal miners

A new report shows 10% of global copper miners are in loss making territory amid falling price and higher costs.

Frik Els | October 3, 2019 | 3:34 pm

Higher iron ore imports by India loom as mining leases expire

The drumbeat of voices forecasting India could rely more on global markets for iron ore next year is getting louder.

Bloomberg News | October 3, 2019 | 12:59 pm

Torex Gold sets new quarterly production record, stock up

The company recorded Q3 2019 gold production of 138,100 ounces, surpassing the prior quarterly production record by 21%.

Jackson Chen | October 3, 2019 | 11:49 am

Brazil’s government to present bill allowing mining on indigenous reserves

The bill will also look to legalize more small-scale, independent wildcat mines.

Reuters | October 3, 2019 | 9:42 am

Diamond crisis deepens as De Beers reports plunging sales

RBC Capital Markets expects profit will fall by about 40% this year at De Beers.

Bloomberg News | October 3, 2019 | 9:14 am

Canada’s Fortune Minerals scales back mine on weak cobalt

The company says current weak prices for cobalt don't justify expanding daily throughput to 6,000 tonnes from 4,650 tonnes at its proposed Nico project.

Reuters | October 3, 2019 | 9:08 am