May 10, 2012 AngloGold profit almost double in Q1 and plans investments of $1.9 billion to boost production Africa's largest gold miner AngloGold Ashanti (NYSE:AU) posted first-quarter earnings Thursday of $429 million, which more than double the same period last year, despite a drop in production on the…
May 10, 2012 African Barrick goes ahead with Tanzania’s Bulyanhulu expansion African Barrick Gold (LON:ABG) shares rose 6% today as the miner announced its board has approved a $185 million expansion at Bulyanhulu, its underground gold mine in Tanzania.
May 10, 2012 Harmony Gold may boost output by 150,000 ounces next year Harmony Gold Mining Co. (HAR), the third- largest African miner of the metal, may boost output by 150,000 ounces in the fiscal year ending June 2013 as the company starts…
May 9, 2012 Chinalco Mining seeks $1 billion IPO for massive Peru copper mine With huge investments in Peruvian copper, Chinalco Mining, a division of the giant Aluminum Corp of China, follows another Chinese state-owned miner to the Hong Kong market to raise money.
May 9, 2012 Wholesale grade drop pummels Harmony profits Exacerbated by stoppages and repairs, the gold miner reported a 20% drop in overall grade but, the bottom line was saved by a tax credit.
May 9, 2012 Anglo American Platinum to adopt fuel cell locomotive Anglo American Platinum (Amplats), the world’s largest platinum producer, launched today the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa.
May 8, 2012 Lucara Diamond Corp gets ready to auction rocks from its new Botswana mine Canadian diamond producer Lucara Diamond Corp announced today that production from its recently inaugurated Karowe mine in Botswana could be available for sale in June.
May 8, 2012 Potash is a diamond in the rough for the Republic of Congo Australian junior Elemental Minerals (ASX, TSX: ELM), which is developing a potash project in the Republic of Congo, announced it has increased measured and indicated resources at its Kola deposit…
May 8, 2012 Falling output hurts SA gold miners South African gold producers are expected to report lower quarterly earnings with production knocked across the board as output-disrupting safety stoppages continue to sting, a Reuters poll of 7 analysts…
May 8, 2012 Kinross Gold’s Mauritanian desert storm The Tasiast gold mine in the Mauritanian desert was the biggest acquisition in Kinross Gold Corp.’s 19-year existence and one of the biggest takeovers in the history of the gold…
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly. January 30, 2026 | 06:21 pm
